What is Protix?
Headquartered in Dongen, Netherlands, Protix is a pioneer in the insect-based protein industry, leveraging advanced technology to convert organic waste into high-value ingredients for animal feed and human nutrition. By operating at the intersection of agriculture and biotechnology, the company addresses critical global challenges regarding food security and resource efficiency. Protix occupies a central role in the circular economy, transforming low-value side streams into sustainable, nutrient-dense products that reduce the environmental footprint of traditional protein production. Its market position is bolstered by a robust intellectual property portfolio and a commitment to industrial-scale production, making it a key player in the transition toward a more sustainable global food system.
How much funding has Protix raised?
Protix has raised a total of $147.8M across 3 funding rounds:
Private Equity
$50.4M
Unspecified
$57.1M
Debt
$40.3M
Private Equity (2017): $50.4M with participation from The BOM, Aqua-Spark, and Rabo Investments
Unspecified (2022): $57.1M led by BNP Paribas, European Circular Bioeconomy Fund, The Good Investors, and Invest-NL
Debt (2024): $40.3M supported by European Investment Bank
Key Investors in Protix
The BOM
De Brabantse Ontwikkelings Maatschappij (BOM) is a regional development agency that catalyzes innovation by supporting startups and scale-ups in Brabant through strategic investment and networking.
Aqua-Spark
Aqua-Spark is a global investment fund dedicated to sustainable aquaculture, focusing on innovative solutions that improve fish health and resource efficiency.
Rabo Investments
Rabo Investments is the venture and growth capital arm of Rabobank, providing equity to transformative companies within the Food, Agri, and Sustainability sectors.
What's next for Protix?
The recent infusion of capital positions Protix to accelerate its industrial expansion and deepen its technological moat. As the company moves beyond its initial scaling phase, the focus shifts toward optimizing production efficiency and expanding its footprint in global markets. By leveraging the expertise of its diverse investor base—ranging from national development institutions to specialized bioeconomy funds—Protix is well-equipped to navigate the complexities of large-scale infrastructure deployment. Future strategic initiatives will likely prioritize the diversification of its product portfolio and the strengthening of supply chain partnerships, ensuring that the company remains at the forefront of the sustainable protein revolution while maintaining its commitment to climate-neutral operations.
See full Protix company page