Ynsect
Founded Year
2011Stage
Series D | AliveTotal Raised
$569.39MLast Raised
$175.93M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-28 points in the past 30 days
About Ynsect
Ynsect focuses on the alternative foods industry, producing insect-based ingredients for various sectors. The company offers nutritious ingredients for animal feed, sustainable food products for human consumption, and effective fertilizers for plants. Ynsect primarily serves the animal nutrition, human food, and agricultural sectors with its innovative solutions. It was founded in 2011 and is based in Evry-Courcouronnes, France.
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ESPs containing Ynsect
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The insect ingredient production market farms and processes insects, such as crickets and mealworms, to create sustainable and nutritious ingredients for pet food, animal feed, and other products. This market focuses on B2B ingredient producers and the supporting technology for production. Insect ingredients position as eco-friendly because they require less land, water, and resources for producti…
Ynsect named as Leader among 14 other companies, including InnovaFeed, Protix, and Nasekomo.
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Expert Collections containing Ynsect
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Ynsect is included in 5 Expert Collections, including Agriculture Technology (Agtech).
Agriculture Technology (Agtech)
2,156 items
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Unicorns- Billion Dollar Startups
1,244 items
Food & Beverage
2,802 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Alternative Proteins
408 items
This Collection includes B2B and B2C companies developing alternatives to animal-derived proteins, including plant-based meat, dairy alternatives, lab-grown or cultured meat, and fermented proteins.
Advanced Materials
1,402 items
Companies in the advanced materials space, including polymers, biomaterials, semiconductor materials, and more
Ynsect Patents
Ynsect has filed 36 patents.
The 3 most popular patent topics include:
- carbohydrates
- ec 2.4.1
- ec 3.2.1
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
7/15/2021 | 8/20/2024 | Aquaculture, Edible crustaceans, Penaeidae, Commercial crustaceans, Decapods | Grant |
Application Date | 7/15/2021 |
---|---|
Grant Date | 8/20/2024 |
Title | |
Related Topics | Aquaculture, Edible crustaceans, Penaeidae, Commercial crustaceans, Decapods |
Status | Grant |
Latest Ynsect News
Sep 13, 2024
Sputnik International The UK's National Alternative Protein Innovation Center (NAPIC) has received £15 million ($19.5 million) in British taxpayer money to bolster the alternative proteins sector in the country. 2024-09-13T13:30+0000 https://cdn1.img.sputnikglobe.com/img/07e8/09/0d/1120135265_0:160:3072:1888_1920x0_80_0_0_129969ec0880be7ca61a4a7b8963ffb0.jpg According to the UK Research and Innovation (UKRI) website, cultured meat and insect-based proteins could soon be "a sustainable and nutritious part" of Britons' diets.Over the past few years, the British press has peddled the idea of embracing edible insects as an alternative to meat. They are rich in protein, healthy fats, vitamins, and minerals, and have a lower environmental footprint, the media asserts to Britons. "British firms strive to create a buzz around insect farming," "Edible insects and lab-grown meat are on the menu," "Would you eat insects if they were tastier?" and "Why it’s time to embrace edible insects?" UK headlines read, stressing that the global insect protein market is projected to reach $8 billion by 2030.Where Did the Idea of Eating Insects Originate?Entomophagy, or eating insects, has been actively promoted at the World Economic Forum (WEF), which insists that the consumption of insects "can offset climate change in many ways" and prevent the "impending food crisis," as the world's population is set to reach 9.7 billion people by 2050, with just 4% of arable land remaining available.In 2013, the Food and Agriculture Organization (FAO) of the United Nations (UN) issued a report stating that around two billion people worldwide eat insects as part of their traditional diets.In 2014, the Belgian food safety agency AFSCA approved 10 worm and cricket species for sale on the Belgian market, exploiting a loose interpretation of a 1997 EU law on "novel food." The Netherlands, UK, Denmark, and Finland also authorized insects for consumption.In 2017, the EU and UK permitted seven species of insect to be used as feeds in fish farms.In January 2018, a European Parliament regulation concerning "novel foods," including insects, came into force.In May 2021, the EU officially approved the first insect, the yellow mealworm, as food for humans.By 2023, four insects had been approved by the EU Commission: the yellow mealworm; the migratory locust); the house cricket; and the lesser mealworm. The EU food safety agency signaled at the time that another eight insects could be authorized soon.Who's Driving the Bug Business?EnviroFlight (US), Innovafeed (France), HEXAFLY (Ireland), Protix (Netherlands), Global Bugs (Thailand), Entomo Farms (Canada), and Ynsect (France) are named as key players in the market.Europeans are believed to be the first who delved in the insect protein business, with French firm Ynsect, founded in 2011, and the Dutch producer of insect ingredients Protix, established in 2009.Insect protein firms are attracting hefty investments from global foundations and food giants.In 2017, Protix raised $50.5 million in equity and debt funding, marking the largest investment in the industry at the time.The US rushed to catch on, with the Bill and Melinda Gates Foundation granting $100,000 to All Things Bugs in 2012 to explore insect food production.Two American food corporations, ADM and Cargill, invested a whopping $250 million in the French insect protein firm Innovafeed in September 2022. In 2023, the US food giant Tyson poured around $58 million into Protix.According to some estimates, the edible insect market reached $3.8 billion in 2024, and is projected to amount to $9.04 billion by 2029.The European market is seen as the largest, while South Asia is the fastest growing. Still, it pales in comparison with the fresh meat market, which amounted to $1.11 trillion as of 2024 and is set to expand further.Insects Can Be Toxic, But Entomophagy Proponents Don't CareScientists warn that the consumption of edible insects may result in allergic reactions, particularly in people with asthma, hay fever, or allergic skin rashes. Individuals with shellfish allergies – 2% of the worldwide population – are likely to suffer allergic reactions after consuming insects due to their chitin exoskeleton.Edible insects, including those approved by the EU, are often infected with pathogens and parasites that pose a threat for humans and livestock, a 2019 study by researchers from the University of Warmia and Mazury, Poland, concluded.What Does the Western Public Say?Insects have never been part of Western societies' diet. A 2023 YouGov survey showed that 18% of Americans would be willing to eat whole bugs, while 25% would agree to eat food made with insects.High living standards still allow Westerners to consume animal protein. The edible insect protein business doesn't offer high margins amid low consumer acceptance. Consumption of insects is fraught with risks of allergic reactions and parasitic infections.Nonetheless, entomophagy is being rammed down their throats by the WEF, media, and Hollywood stars eating bugs on camera.Then-Fox News host Tucker Carlson in 2023 investigated the environmentalist push to eat "creepy crawlers" and suggested that it's a "compliance test" similar to excessive COVID restrictions. "Our politicians know that when they control the food, they control the people," Dutch political activist Eva Vlaardingerbroek told the journalist, referring to EU environmental regulations which make traditional farming in the bloc unprofitable.Meanwhile, the research and propaganda relating to insect eating has already become a source of wealth for researchers, media companies, speakers, and international forums. united kingdom (uk) The UK's National Alternative Protein Innovation Center (NAPIC) has received £15 million ($19.5 million) in British taxpayer money to bolster the alternative proteins sector in the country. According to the UK Research and Innovation (UKRI) website, cultured meat and insect-based proteins could soon be "a sustainable and nutritious part" of Britons' diets. Over the past few years, the British press has peddled the idea of embracing edible insects as an alternative to meat. They are rich in protein, healthy fats, vitamins, and minerals, and have a lower environmental footprint, the media asserts to Britons. "British firms strive to create a buzz around insect farming," "Edible insects and lab-grown meat are on the menu," "Would you eat insects if they were tastier?" and "Why it’s time to embrace edible insects?" UK headlines read, stressing that the global insect protein market is projected to reach $8 billion by 2030. Where Did the Idea of Eating Insects Originate? Entomophagy, or eating insects, has been actively promoted at the World Economic Forum (WEF), which insists that the consumption of insects "can offset climate change in many ways" and prevent the "impending food crisis," as the world's population is set to reach 9.7 billion people by 2050, with just 4% of arable land remaining available. In 2013, the Food and Agriculture Organization (FAO) of the United Nations (UN) issued a report stating that around two billion people worldwide eat insects as part of their traditional diets. In 2014, the Belgian food safety agency AFSCA approved 10 worm and cricket species for sale on the Belgian market, exploiting a loose interpretation of a 1997 EU law on "novel food." The Netherlands, UK, Denmark, and Finland also authorized insects for consumption. In 2017, the EU and UK permitted seven species of insect to be used as feeds in fish farms. In January 2018, a European Parliament regulation concerning "novel foods," including insects, came into force. In May 2021, the EU officially approved the first insect, the yellow mealworm, as food for humans. By 2023, four insects had been approved by the EU Commission: the yellow mealworm; the migratory locust); the house cricket ; and the lesser mealworm. The EU food safety agency signaled at the time that another eight insects could be authorized soon. The EC claims that "the environmental benefits of rearing insects for food are founded on the high feed conversion efficiency of insects, less greenhouse gas emissions, less use of water and arable lands, and the use of insect-based bioconversion as a marketable solution for reducing food waste." Who's Driving the Bug Business? EnviroFlight (US), Innovafeed (France), HEXAFLY (Ireland), Protix (Netherlands), Global Bugs (Thailand), Entomo Farms (Canada), and Ynsect (France) are named as key players in the market. Europeans are believed to be the first who delved in the insect protein business, with French firm Ynsect, founded in 2011, and the Dutch producer of insect ingredients Protix, established in 2009. Insect protein firms are attracting hefty investments from global foundations and food giants. In 2017, Protix raised $50.5 million in equity and debt funding, marking the largest investment in the industry at the time. 🪲 Greed, new form of religion, or compliance test: Why are Britons being forced to eat bugs? The UK's National Alternative Protein Innovation Centre (NAPIC) received £15 million ($19.5 million) in British taxpayer money to make insect-based proteins along with cultured meat "a… pic.twitter.com/7lv49dyeH2
Ynsect Frequently Asked Questions (FAQ)
When was Ynsect founded?
Ynsect was founded in 2011.
Where is Ynsect's headquarters?
Ynsect's headquarters is located at 1 Rue Pierre Fontaine, Evry-Courcouronnes.
What is Ynsect's latest funding round?
Ynsect's latest funding round is Series D.
How much did Ynsect raise?
Ynsect raised a total of $569.39M.
Who are the investors of Ynsect?
Investors of Ynsect include Astanor, Upfront Ventures, Caisse des Depots et Consignations, Caisse d’Epargne, Footprint Coalition and 18 more.
Who are Ynsect's competitors?
Competitors of Ynsect include Protix, Grubbly Farms, FarmInsect, Hexafly, Insectta and 7 more.
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Compare Ynsect to Competitors
Protix breeds insects for animal feed, as insects offer a low-impact protein alternative that can be cultivated on a variety of food scraps. The company serves the animal feed industry while also developing food applications for consumers. It was founded in 2009 and is based in Dongen, Netherlands.
Goterra focuses on food waste management, operating in the waste management and sustainability sectors. The company offers modular, autonomous waste management units that use insects to process food waste, converting it into protein and fertilizer. Goterra primarily serves waste collection providers and independent businesses seeking to recycle their food waste. It was founded in 2015 and is based in Canberra, Australia.
InFarm operates as a vertical farming company providing the tools to grow fresh plants produced indoors for urban communities. The company's main services include growing a variety of plants such as herbs, leafy greens, salads, and microgreens using efficient modular farming systems. These systems require significantly less land and water than traditional farming methods. It was founded in 2013 and is based in London, United Kingdom.
Infinite Acres is a technology company focused on the agriculture industry. The company designs and builds indoor farms on a global scale, utilizing proprietary technology to create multiple microclimates under one roof, allowing a range of products to be grown with minimal intervention. Their main customers are consumers seeking fresh, healthy, local food. It was founded in 2019 and is based in Delft, Netherlands.
AgriProtein is a company focused on nutrient upcycling within the waste management and recycling industry. The company's main service involves the use of technology to convert organic waste into sustainable animal feed ingredients and soil nutrient products, thereby supporting the circular economy. AgriProtein primarily serves sectors such as large grocery chains, food distribution centers, and food manufacturers. It was founded in 2008 and is based in Cape Town, South Africa.
Plantui is a biotech company focused on the indoor gardening industry. The company offers smart indoor gardens that enable consumers to grow a variety of plants, including herbs, salads, chilies, tomatoes, edible flowers, and microgreens, all year round. The technology developed by Plantui is also available for licensing, making it a potential solution for urban city farmers and other parties interested in small indoor gardening. It was founded in 2012 and is based in Turku, Finland.
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