InsectBiotech Group’s Post

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A quick update on the work we are doing at www.insectbiotech.eu We’re a purpose driven ‘biomass waste to value’ B2B start up making high value protein, oils and fertiliser from agricultural waste. We’ve found the largest collection of feedstock in the world in one place (olive waste in Spain, 4m tonnes a year). We’ve worked out how to convert that waste (at 80%, 20% waste carbs from beer, bread etc) into protein and fertiliser. The pre-treatment is the key, and we’ve run 100+ trials already, and have extraordinary results re conversion rate. We’re using Black Solider Fly larvae to bio-convert this pre-treated olive waste into the high value protein, oils and fertiliser. The protein (milled, ground, frozen or dried larvae) is a nutritious, low carbon, regenerative ingredient for petfood, aquaculture and animal feed. The fertiliser (called Frass) is a biogenic, regenerative, soil health enhancing, low carbon fertiliser ideal for agriculture. We’ve got two production units running, one at the University of Granada, with six scientists working on it. The second is at an olive oil mill nearby, to further test pre-treated feedstock for optimal larvae growth. Our ‘secret sauce’ is the pre-treatment, using natural products/options, to make the waste deliver the larvae growth and nutritional profile that we need. We’ve raised significant seed capital, and looking for the same again, to complete our trials and prepare for series A raise. We aim to build a 10,000 tonne PA facility near the olive waste, by 2026/7. There will be a lot of matched funding/grants/debt in that raise. Right now we are about to confirm some local investors on board in Spain for the seed round completion. But we need some more seed money, so looking to find more high net worth investors/Angels/Family offices, in Spain or anywhere else. We are filing patents for IP protection in June, and locking in feedstock suppliers long term with joint venture approaches, which are being set up now. Tw@insectbiotech.eu for anyone interested. Thanks for reading ans sharing!

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