Insekt Label

Insekt Label

Incorporates insects into the global agri-food chain. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€2—3m (Dealroom.co estimates Jul 2022.)
Company register number B95951208
Bilbao Basque Country (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2019
Revenues<1m
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DateInvestorsAmountRound
-

N/A

-

N/A

Support Program

N/A

Spinout

€6.7k

Grant

$100k

Grant
*

€450k

Seed
Total Funding€578k

Recent News about Insekt Label

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More about Insekt Labelinfo icon
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Insekt Label Biotech is a startup that aims to incorporate insects into the agri-food chain and co-lead the healthy and sustainable food revolution of the 21st century. The company develops versatile ingredients with a reduced environmental impact for various segments within human and functional food. They also revalue a by-product of the process to improve soil health and plant nutrition.

The company controls the entire process, from the reception of raw materials to the transformation into ingredients, including the breeding and production of the insects themselves. This ensures that they offer natural, safe, and high-quality products. They develop high-value ingredients for the markets of human food and plant nutrition, both of which have two common characteristics; immense dimension and size on one hand, and the need to reduce their environmental impact on the other.

Insekt Label Biotech serves clients in the food and agriculture industries, operating in the market of sustainable and healthy food solutions. Their business model revolves around the production and sale of insect-based food ingredients and soil enhancers. The company makes money by selling these products to food manufacturers and farmers.

The startup was established in March 2019 and has been participated by Viscofan S.A, Centro Promoción de Mondragon F.C.R., and Erkop S.Coop since 2022. The team is multidisciplinary and multigenerational, combining the worlds of biology, entomology, chemistry, innovation, sustainability, and more.

Keywords: Insects, Agri-food chain, Sustainable food, Environmental impact, Human food, Plant nutrition, Soil health, High-value ingredients, Multidisciplinary team, Sustainable business model.