Protifarm
Company

Last deal

$11.01M
Local Amount - EUR 10M

Amount

Series B

Stage

27.11.2019

Date

1

all rounds

$11.01M

Total amount

date founded

Financing round

General

About Company
Protifarm produces sustainable and innovative ingredients from the lesser mealworm for human consumption.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1981

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Their high-tech vertical farm and processing facility in the Netherlands creates protein powder, protein isolates, purified oils, chitin powder, fertilizers, and other bio-based products from whole dried buffalo larvae. These ingredients are non-GMO, organic, and gluten-free, and can be used in the food, personal care, and pharmaceutical industries. Protifarm promotes the consumption of all-natural insect-based agricultural products while utilizing the medical benefits of insect larvae that would otherwise be eliminated as pests.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Ynsect

announced date

13.04.2021

Financials

Funding Rounds
1
1

Number of Funding Rounds

$11.01M

Money Raised

Their latest funding was raised on 27.11.2019. Their latest investor PPM Oost NV. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
27.11.2019
1
$11.01M
Local Amount - EUR 10M
PPM Oost NV

PPM Oost NV

PPM Oost NV is a Dutch venture capital firm investing in health, technology, and food industry businesses.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Apeldoorn, Netherlands

count Of Investments

21

count Of Exists

7
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series B
PPM Oost NV

PPM Oost NV

PPM Oost NV is a Dutch venture capital firm investing in health, technology, and food industry businesses.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Apeldoorn, Netherlands

count Of Investments

21

count Of Exists

7

People

Founders
1

Heidi De Bruin

Heidi De Bruin is the Co-Founder at Protifarm.

current job

Protifarm
Protifarm

organization founded

1

Heidi De Bruin

Employee Profiles
4

Guus Peters

Chief Financial Officer

Jeroen Blansjaar

Jeroen Blansjaar

COO

Niek Steeghs

Niek Steeghs

Chief Insect Officer (CIO) - Directeur R&D

Heidi De Bruin

Co-Founder

Activity

Recent News
0