COMPANIES: Capitalising on insects as high-quality protein for the global pet food market

📆 13/05/2022 00:26:00
📰 dailymaverick

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

There is a growing global interest in producing high-quality protein products from simple flies or fly larvae, to be specific. And two Cape Town companies are making food while the sun shines.

by Sasha Planting, Daily MaverickCapitalising on insects as high-quality protein for the global pet food market by Sasha Planting, Daily Maverick May 12, 2022 One of the companies, Inseco, has secured $5.3-million in seed funding from Futuregrowth Asset Management, with participation from E4E Africa, Oak Drive Ventures and private investors. At the time of writing, it was the largest seed funding round ever raised in South Africa.

This article first appeared on Daily Maverick and is republished here under a Creative Commons license.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had expected, keeping the Federal Reserve on course to tighten policy aggressively.
Source: SABCNews - 🏆 37. / 51 Read more »