Ynsect raises capital for insect protein expansion

Ynsect raises capital for insect protein expansion

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French company secures $125 million to scale up production

As new guidance is published for the production of insect proteins, French-based technology firm, Ÿnsect, has raised US$125 million (EUR110 million) to scale up production by investing in new facilities in Amiens, France, with the view to expansion in international markets, including North America.