Insect farming startup Ynsect has secured €160 million (roughly $175 million), but it has also laid off about 70 employees, or 20% of its workforce, in a bid to tackle rising costs. The Paris-based ...
PARIS, April 16 (Reuters) - French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets like pet food, shut a production plant and cut jobs after raising 160 million ...
EFSA has given a provisional green light for human consumption of the Lesser mealworm in a major step forward for the insect industry With production already underway in the Netherlands, Ynsect is now ...
Jord Producers, Nebraska-based, has been incorporated into Ynsect’s production portfolio, signifying the global leader’s entry into North American mealworm production. The move comes off the back of ...
PARIS (Reuters) - French insect-based ingredients maker Ynsect said on Thursday it had filed a safeguard plan as it failed to find enough financing for expansion plans but said it was hopeful to find ...
Growing global demand for food is putting a squeeze on available land and one French startup says it has the answer: indoor insect farming. Ynsect raised $224 million from investors including ...
PARIS, Dec 13 (Reuters) - French company Ynsect said on Tuesday it had signed deals to build insect ingredient production sites in the United States and in Mexico as the firm kicks off what it says ...
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