Inseco

Inseco is a manufacturer of insect protein
2016
9
Cape Town, South Africa

Innovation

Industry Problem

Global Protein Challenge because the land is already in use and is not enough to meet the increasing demand for primary proteins (crops) production.

R&D Focus

Insect-based Protein

Innovative Solution

Inseco utilizes a technology that converts low-value organic by-products into insect-based proteins, lipids, fertilizer, and chitosan. Inseco products can be applied in animal feed, pet food, crop production, cosmetics and pharmaceuticals

Solution Effectiveness

Inseco utisiles 7000 times less land than soymeal, 47x less greenhouse gases than window composting and can save 25% for farmers in livestock feed.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$5.3m

Last Funding Amount

$5.3m

Last Funding Date

Apr 27, 2022

Startup Stage

Early-Stage

Lead Investors

Futuregrowth Asset Management, E4E Africa, Oak Drive Ventures

People

Founders

CEO

Future Plan

Market Expansion

The company plans to expand into the rest of Africa, Europe and the US.

Awards and Recognitions

Media Apperance

CleanTech Group, Bloomberg, Knowledge hub