The investments were also funded by the company’s existing backers Aqua-Spark, Rabo Investments and Invest-NL.“We are very pleased to welcome such an impact-oriented group of investors supporting our mission to bring the food system back in balance with nature,” said Kees Aarts, founder and chief executive officer of Protix.This is an important step towards further exponential growth.”Protix will use the investments to expand internationally and to further its R&D into insect-based ingredients.“The investment by our principal investments department in this pioneer company is a great illustration of our long-term commitment to support young and innovative companies with one clear ambition for BNP Paribas: accelerating the emergence of new industries to address major sustainability issues.”Committed to making the animal feed and pet food markets more sustainable, Protix co-founded the International Platform of Insects for Food and Feed (IPIFF) to support legislation in Europe.“So it’s with big excitement that we continue to support Protix as they once again move to the next level of scale, from the largest insect factory in the world producing at capacity to this next phase of exponential growth, they are leading the way in making insect protein an accessible, viable global solution.”Read more news from pet food and treat industry suppliers."