Funding

[Funding alert] Protix Secures €37Million Loan from The European Investment Bank

Feb 2, 2024 | By Startup Rise EU

Protix Secures €37million loan from The european investment bank. The company plans to build a new production facility in Poland in order to expand its efforts to produce sustainable proteins.

Protix Secures €37million loan from The european investment bank. The company plans to build a new production facility in Poland in order to expand its efforts to produce sustainable proteins.

Protix is actively looking into a number of Polish locations. Protix is a company that produces sustainable protein for pet food and animal feed.

Read also - Krakow-based edrone Secures €4.6 Million in Funding

Consumers use these lipids and proteins as premium components in pet food and animal feed. Since its founding in 2009, the business has created scalable technologies that allow for the optimization of the supply chain, including the reduction and recycling of waste and residues, as well as the effective use of resources.

RECOMMENDED FOR YOU

recomd
France
[Funding alert] Lyon-based Axeleo Capital Secures €73 Million second Fund
Startup Rise EU
Dec 12, 2023
recomd
Funding
[Funding alert] Amsterdam-based Grocery App Crisp Secures €35 Million in Funding
Startup Rise EU
Nov 16, 2023
recomd
Funding
fundcraft funding news – Luxembourg-based fundcraft Secures €5 Million in Series A round Funding
Startup Rise EU
May 10, 2024

Since 2019, Protix has been manufacturing insect compounds at its fully operational, industrial-scale facility in the Netherlands.

Read also - Amsterdam-based DataSnipper Secures $100Million in Series B Round Funding

About Protix

Protix, Insects are their answer, drawn from the natural world. They can lessen the footprint of their food chain by utilizing the black soldier fly's amazing capacity to convert organic waste into high-quality proteins. They are able to sustainably supply the globe with much-needed nutrients by combining sophisticated tech with the power of nature.

Recommended Stories for You

story
Uncategorized

[Funding alert] Turkish-based Mental Health Platform Startup Salus Raises $4.7M in Seed Funding

Startup Rise EU Nov 21, 2023

story
Recent Articles

Empathy in Action: Live With Joy’s Pioneering Efforts to Combat Elder Loneliness

Startuprise Jan 26, 2024

story
Lithuania

[Funding alert] Lithuanian-based Cyber Upgrade Raises €650k in Pre-Seed Funding

Team SR Feb 12, 2024

story
Recent Articles

GLORY to Acquire Flooid

Startup Rise EU Dec 28, 2023

story
Funding

[Funding alert] Cambridge-based Software-Defined Vehicle Company Secondmind Secures $16M in Round Funding

Startup Rise EU Nov 29, 2023

story
Funding

[Funding alert] London-based Jenesys AI Raises €1 Million in Pre-Seed Funding

Startup Rise EU Dec 15, 2023