Landshut/Munich, 23 October 2023 – Agritech start-up FarmInsect has successfully completed a Series-A financing round and collected a total of € 8 million. The Munich-based company has developed an automated fattening system that allows farmers to manufacture protein-rich animal feed from insect larvae on their own farm. This means that they no longer need to import expensive, environmentally-unfriendly feeds such as soy and fishmeal. Bayern Kapital took its first stake in FarmInsect in the summer of 2021 and is now expanding its investment using funds from the Wachstumsfonds Bayern 2.  Sandwater as lead investor, Minderoo Foundation and the EIC Fund, which is supplied from EU subsidies, have now been added to the investor group.

Download Press Release