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
Simon Hazell
CEO
Simon Hazell
Future Plan
Market Expansion
The company plans to expand into the rest of Africa, Europe and the US.