# InnovaFeed

**Source:** https://www.startuphub.ai/startups/innovafeed
**Profile type:** Startup

> InnovaFeed produces insect-based protein for animal feed, pet food, and plant nutrition, aiming for a sustainable food system.

## About

InnovaFeed is a biotechnology company that rears the black soldier fly (Hermetia Illucens) to produce sustainable protein and oil for animal and plant nutrition. Their proprietary technology transforms insects into ingredients for aquaculture, pet food, and land-based animal feed, as well as for plant nutrition. InnovaFeed aims to build a sustainable food system for tomorrow by returning insects to their natural place at the heart of the food chain.

## Key facts

- **Slug:** innovafeed
- **Website:** https://www.innovafeed.com/
- **Location:** Paris, France
- **Founded:** 2016-01-01
- **Employees:** 264
- **Operating status:** Active
- **Total funding:** $328M
- **Sectors / tags:** AgTech, FoodTech, Biotech, Insect Protein, Sustainable Agriculture, Animal Nutrition, Pet Food, Plant Nutrition, Circular Economy, Waste Valorization
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/innovafeed
  - Twitter: https://twitter.com/innova_feed

## Frequently asked

### What does InnovaFeed do?

InnovaFeed is a biotechnology company that rears the black soldier fly (Hermetia Illucens) to produce sustainable protein and oil for animal and plant nutrition. Their proprietary technology transforms insects into ingredients for aquaculture, pet food, and land-based animal feed, as well as for plant nutrition. InnovaFeed aims to build a sustainable food system for tomorrow by returning insects to their natural place at the heart of the food chain.

### How much funding has InnovaFeed raised?

InnovaFeed has raised a total of $328M in funding. The most recent round on record is Growth.

### Where is InnovaFeed headquartered?

InnovaFeed is headquartered in Paris, France.

### When was InnovaFeed founded?

InnovaFeed was founded in 2016.

### What industry does InnovaFeed operate in?

InnovaFeed operates in AgTech, FoodTech, Biotech, Insect Protein, Sustainable Agriculture, Animal Nutrition.

### How many employees does InnovaFeed have?

InnovaFeed has approximately 264 people on record.

### What is InnovaFeed's valuation?

StartupHub estimates InnovaFeed's effective valuation at $1.4B (range $819.5M to $2.0B, 22% confidence), based on comparable companies in the sector.

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