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Developer of insect-based protein alternatives

Founded in 2016
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector alternative proteins

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Ireland Meath, Ireland
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Updated by Cleantech Group on 10/16/2020

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IPO INFORMATION

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Date Investors Type Amount
02/04/2019 Halo Business Angel Network Halo Business Angel Network (1)
Post-money valuation of
With more than 90pc of its insect-based products exported, and growing demand in east Asia and the US, the company is planning to pursue a €10m series A round in 2019 to facilitate the construction of a much larger production facility.
Seed $1,260,000
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