Protifarm has succesfully raised funding for its strategic growth plans
Protifarm NV, a Dutch agri-tech leader, has teamed up with a group of investors led by the East Netherlands Development Agency (Oost NL) that focuses its activities on strengthening and stimulating the economy of the provinces of Gelderland and Overijssel, the Netherlands.
As a global pioneer, Protifarm produces functional and sustainable ingredients for the food industry from food-grade farmed insects. The company has a leading position in a fast-growing industry and responds to the urgent need for a healthy lifestyle and to reduce global footprint. Due to population growth and higher prosperity, there is a strong increase in demand for highly nutritious functional ingredients. With the millions of funding that Oost NL and the other investors provide, Protifarm is able to further accelerate its growth and expand its processing capacity. Tom Mohrmann, CEO at Protifarm, said: "Our ingredients contain the quality of animal protein but are far more sustainable than other sources of protein from animals or vegetables."
Oaklins' team in the Netherlands acted as the exclusive fundraising advisor to Protifarm and its shareholders.
Talk to the deal team
Related deals
Electro Optic Systems has acquired the UK interceptor business of MARSS
Electro Optic Systems Holdings Limited (ASX: EOS) has acquired the UK-based interceptor unmanned aerial system business of MARSS Group for US$6.4 million (€5.5 million). The interceptor is a reusable electric drone effector guided by imaging sensors and AI, which EOS will integrate into its counter-drone portfolio for defense and critical infrastructure customers. EOS plans further investment to complete development.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn moreAgrova International has acquired Sunrise Eggs
Agrova International, led by its founder Jurijs Adamovičs, has acquired 100 percent of the shares in Sunrise Eggs, a UK-based egg production and distribution company. This acquisition significantly expands Agrova’s operational footprint and strengthens its position as a pan-European player in the egg and egg protein industry. The transaction was supported with funding from Accession Capital Partners (ACP), a growth capital provider with experience in the agriculture sector.
Learn more