Inseco
Redefining protein creation & facilitating the transition towards a circular economy
Redefining protein creation & facilitating the transition towards a circular economy
Inseco is a biotechnology startup that is redefining protein creation and facilitating the transition towards a circular economy. Founded in 2017 and headquartered in South Africa, the company uses the power of Black Soldier Flies to convert low-value organic by-products into insect-based proteins, lipids, fertilizer, and chitosan. Inseco's products have diverse applications in animal feed, pet food, crop production, cosmetics, and pharmaceuticals. The company recently secured a significant $5.30M Seed Round investment on 27 April 2022 from investors including E4E Africa, Unruly Capital, Futuregrowth Asset Management, and Oak Drive Ventures. Leveraging cutting-edge technology, Inseco aims to meet the demand for sustainable and high-quality ingredients to feed the rapidly growing global population while addressing the principles of a circular economy.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $5.30M | 4 |
|
27 Apr 2022 |
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