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
Funding
Sloyd funding news – Oslo-based Sloyd Secures €3 Million in Seed Funding
Startup Rise EU
Jun 6, 2024
recomd
UK
[Funding alert] London-based Solartech Startup Sunsave Secures €6.3 Mn Seed Funding
Startuprise
Dec 6, 2023
recomd
UK
[Funding alert] Shop Circle Raises $120 Million in Series A to Build the Leading Software Suite for Ecommerce Brands
Startup Rise EU
Oct 21, 2023

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
Funding

[Funding alert] Grenoble-based PDC*line Pharma Secures €8.1million in Funding

Startup Rise EU Jan 19, 2024

story
Lithuania

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

Team SR Feb 12, 2024

story
Funding

Cellugy funding news – Biotech Startup Cellugy Secures €4.9 Million in Seed Funding

Startup Rise EU May 21, 2024

story
Funding

[Funding alert] London-based NayaOne Secures $4.7Million in Funding

Startup Rise EU Feb 29, 2024

story
Funding

Bluedot funding news – London-based Bluedot Secures €560K in Angel Investment

Startup Rise EU Jun 10, 2024

story
Funding

[Funding alert] UK-based Causa Secures Undisclosed Amount Pre-Seed Funding

Startup Rise EU Feb 9, 2024