Ynsect to build world's biggest insect farm in France.
French startup Ynsect to build world's biggest insect farm. It has conceptualized as indoor insect farming oriented to fulfill growing global demand for foods, under scarce availability of lands.
Ynsect raised $224 million from investors including Hollywood star Robert Downey Jr.’s Footprint Coalition this month to build a second insect farm in Amiens in northern France.
The company breeds mealworms that produce proteins for livestock, pet food and fertilizers, and will use the funds to build what it says will be the world’s largest insect farm.
Due to open in early 2022, it will produce 100,000 tonnes of insect products such as flour and oil annually and conserve land use while creating 500 jobs.
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