Ÿnsect
- hard tech
- horizon europe
- sustainable development goals
- climate tech
- tech for business
- eit ecosystem
- b corp
- observatoire deeptech
- farming
- alternative protein
- eitclimatecleantech
- nutrition
- industrial automation
- pets
- insects
- greentech
- participations bpifrance
- novel farming
- primary production
- aquaculture
- rumoured $1b
- agritech and foodtech
- french tech 2030
- pet food
- animal feed
- missionfrenchtech
- health supplements
- food and agritech
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | 10.5m | 17.8m | 25.9m | 32.6m |
% growth | 86 % | 124 % | 61 % | 7529 % | 70 % | 45 % | 26 % |
EBITDA | (9.8m) | (15.9m) | (25.5m) | (26.6m) | (35.5m) | - | - |
% EBITDA margin | (25662 %) | (18591 %) | (18549 %) | (253 %) | (199 %) | - | - |
Profit | (9.5m) | (15.3m) | (9.3m) | (29.6m) | (36.0m) | - | - |
% profit margin | (24858 %) | (17928 %) | (6749 %) | (282 %) | (202 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Series A | ||
€5.5m | Series B | ||
€10.0k | Grant | ||
* | €14.2m | Series B | |
* | $148m | Series C | |
€20.0m | Grant | ||
* | $65.0m Valuation: $625m 4130.2x EV/LTM Revenues -22.3x EV/LTM EBITDA | Series C | |
* | $140m | Debt | |
$5.0m Valuation: $625m 54.1x EV/LTM Revenues -21.4x EV/LTM EBITDA | Late VC | ||
* | N/A | €160m | Late VC |
Total Funding | €400m |
Recent News about Ÿnsect
EditYnsect is a trailblazing startup operating in the alternative foods industry. The company's mission is to create a safer, healthier world that respects the planet's boundaries. They aim to achieve this by producing more food with significantly less environmental impact, essentially reinventing the food chain.
Ynsect specializes in the production of insect ingredients for human consumption, animal feed, and plant nutrition. This innovative approach to food production positions them as one of the world leaders in this niche market. Their business model is centered around sustainability and efficiency, leveraging the natural lifecycle of insects to create nutrient-rich products with a smaller carbon footprint compared to traditional farming methods.
Their clients range from individuals seeking more sustainable and nutritious food options, to businesses in the agriculture and food production sectors looking for eco-friendly alternatives to traditional animal feed and plant fertilizers. Ynsect generates revenue by selling their insect-based products directly to consumers and businesses.
In summary, Ynsect is a forward-thinking company that is redefining the food chain by harnessing the power of insects to create sustainable and nutritious food, feed, and fertilizer options.
Keywords: Alternative Foods, Insect Ingredients, Sustainable, Nutritious, Environmental Impact, Food Chain, Human Consumption, Animal Feed, Plant Nutrition, Eco-friendly.