Nutrition Technologies Secures Investment from Bunge Ventures to Revolutionize Insect-based Crop Nutrition
Nutrition Technologies, a leading insect-based agtech company, has announced Bunge Ventures as its latest investor. Bunge Ventures, the for-profit principal investing arm of Bunge, brings unparalleled experience and a vast network to the table. This strategic investment positions Nutrition Technologies to scale its innovative bioconversion system and establish insect-based products as a pivotal ingredient for the future.
Nutrition Technologies has been at the forefront of sustainable agribusiness, leveraging its proprietary controlled industrial microbial decomposition process that utilizes Black Soldier Fly Larvae (BSFL) to transform food waste and organic by-products into valuable resources. With its patent-pending fermentation technology, the company has created a scalable platform for insect-based products, benefiting both crop health and animal feed. The company’s focus on zero waste, low energy, and low-cost production models has allowed them to outshine competitors in terms of pricing, carbon emissions, and sustainability.
“We are very excited to have Bunge Ventures as a new investor,” said Tom Berry, Co-CEO and Co-founder of Nutrition Technologies. “Their global network and experience in the agribusiness sector are unrivaled and this investment will allow us to scale our tropical bioconversion system and make insect-based products a mainstay ingredient of the future.”
The investment from Bunge Ventures signifies the growing recognition of the insect sector as a sustainable solution to address multiple unsustainable practices. With the global insect protein market projected to reach a value of US$1.3 billion by 2027, the industry has attracted investments exceeding US$1 billion. However, few companies have successfully reached industrial scale due to technological hurdles. Nutrition Technologies, armed with Bunge Ventures’ support, is poised to spearhead the industry and drive the widespread adoption of insect-based ingredients, revolutionizing agriculture for a more sustainable future.
