What is Protenga?
Protenga is at the forefront of sustainable protein production, developing intensive insect farming systems. The company leverages a novel, scalable insect-based bioconversion process to recapture nutrients from organic side-streams. This innovative approach yields sustainable, high-protein animal nutrition and organic fertilizer, addressing critical needs within the global food supply chain. Protenga's operations are geared towards driving necessary change through responsible and cost-effective solutions in animal feed and organic waste management.
How much funding has Protenga raised?
Protenga has raised a total of $3.6M across 2 funding rounds:
Angel/Seed
$1.6M
Debt
$2M
Angel/Seed (2020): $1.6M with participation from SEED Capital
Debt (2022): $2M, investors not publicly disclosed
Key Investors in Protenga
SEED Capital
SEED Capital is a Denmark-based investment firm specializing in supporting Nordic founders from seed to Series A, with a focus on sectors like deep tech and enterprise. They are known for their hands-on approach and have a strong track record of successful investments and exits.
What's next for Protenga?
The recent major strategic investment in Protenga signals a pivotal growth phase for the company. This capital infusion is expected to accelerate the scaling of its unique insect-based bioconversion technology, further solidifying its position in the sustainable protein and animal nutrition markets. Protenga's focus on recapturing nutrients from organic side-streams aligns with increasing global demand for circular economy solutions and environmentally conscious food production. The company is poised to expand its operational capacity and market reach, driving further innovation in sustainable agriculture and fertilizer production.
See full Protenga company page
