Sustainable animal feed ingredients
Job no longer available
Sustainable animal feed ingredients
201-500 employees
Job no longer available
201-500 employees
To contribute to the emergence of sustainable food systems be developing a pioneering and innovative industry.
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To contribute to the emergence of sustainable food systems be developing a pioneering and innovative industry.
54% employee growth in 12 months
In recent years, demand for animal feed has surged, which has put pressure on the traditional animal feed industry, and pushed prices up. InnovaFeed solves this problem by developing and delivering sustainable, insect-based ingredients for animal and plant feed.
InnovaFeed uses black soldier flies to produce low-cost, high-protein insect oil. The product has already proven popular, with US agriculture giant Cargill being one of the company's latest partners. The company has also diversified into the growing pet food market, forming a lucrative deal with ADM. These high-profile relationships have allowed the company to scale quickly, and to successfully compete with rivals such as Enterra and Protix.
The company has raised over $200 million in funding, which will prove invaluable as they continue to scale and diversify the applications of their insect oil. Like many of its competitors, InnovaFeed even has its sights set on bringing insect products to the human nutrition market.

Steph
Company Specialist at Welcome to the Jungle
Nov 2024
$11.8m
GRANT
Sep 2022
$260m
SERIES D
Clément Ray
(Co-Founder)Previously worked as a Credit Portfolio Manager at Crédit Agricole CIB, and as an Engagement Manager at McKinsey.
Aude Guo
(Co-Founder)Previously worked as a Junior Consultant at McKinsey, and as China Relations Manager at Safran.
Bastien Oggeri
(Co-Founder)Previously worked in M&A at companies such as Rothschild and HSBC. Also worked in Business Development at TechnoFounders.