What is Protix?
Protix BV is a Netherlands-based company headquartered in Dongen, North Brabant, that operates within the Food & Beverages industry. The company is recognized for its innovative approach to sustainable food production, particularly in the realm of insect-based ingredients and solutions. Protix aims to create a more sustainable and circular food system by valorizing by-products and developing high-quality protein sources. Their operations contribute to reducing food waste and environmental impact, positioning them as a key player in the transition towards a more sustainable global food supply chain.
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 Aqua-Spark, Rabo Investments, and The BOM
Unspecified (2022): $57.1M led by BNP Paribas, The Good Investors, Invest-NL, and European Circular Bioeconomy Fund
Debt (2024): $40.3M supported by European Investment Bank
Key Investors in Protix
Aqua-Spark
Aqua-Spark is a global investment fund dedicated to sustainable aquaculture, supporting innovative solutions in fish farming, feed production, and aquaculture technology to enhance fish health and resource use.
Rabo Investments
Rabo Investments, the investment arm of Rabobank, provides equity capital to companies in the Food & Agri and Sustainability sectors, aiming to foster transformative businesses and build strong partnerships.
BNP Paribas
BNP Paribas is a leading international banking group offering a wide range of financial services, including corporate and institutional banking, with a significant global presence and a commitment to sustainable finance.
What's next for Protix?
With the recent major strategic investment, Protix is poised for accelerated growth and expansion. The company is likely to leverage this capital to scale its production capabilities, enhance its research and development efforts, and broaden its market reach. Further investment in sustainable technologies and operational efficiencies can be expected as Protix continues to solidify its leadership in the insect-based protein market. The company's focus on circular economy principles suggests a strategic direction towards further integration into sustainable supply chains and potential partnerships to drive innovation in the food and feed industries.
See full Protix company page
