AgriProtein news

source: AgriProtein news

Following our recent $105m fundraise, the insect protein sector continues to grow. AgriProtein is expanding its insect technology solutions and applying these to a variety of organic substrates in different market places. We are excited to announce that AgriProtein was chosen as one of TIME Magazine’s 2018 Genius Companies. This list recognises fifty businesses that the magazine believes are ‘inventing the future’. It’s an honour for us to have been recognised alongside so many household names. In January our holding company will be rebranded as Insect Technology Group (ITG) to minimise brand confusion. The Group will centrally manage research, services, and sales and marketing across our four market facing brands. AgriProtein will continue to operate under its current name and maintain its focus on converting post-consumer food substrates into products for the aquaculture industry. Circular Organics is the new operational brand for our traceable pre-consumer waste businesses, which will lead our expansion into the EU. Our recently acquired Belgian operation, Millibeter will operate under this structure. MultiCycle Technologies will be the new parent brand for our higher risk substrate businesses that recycle abattoir waste, animal manure, and The BioCycle, our Durban based faecal sludge business. ITG Biopolymers is our advanced biochemistry brand for the group business based between our new Asian regional hub in Singapore and our research centre in Belgium. The company was established to centrally process high-value insect derived products, including chitin and fatty acids, from various ITG operational subsidiaries.

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