This idea's gonna fly — literally. Meet Singapore's Nutrition Technologies! They're bringing insects back into the food supply chain. Nope, you won't be eating the insects. Instead, they're using flies to create animal feed and fertilizers, and they've just raised a $20M round!

Investor check. PTT Ventures, Openspace Ventures, SEEDs Capital, Hera Capital, Sumitomo Corp, ING Sustainable Investments and Mandala Capital also joined in.

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😱 Are wegoing to go hungry?

We've got an incoming food crisis. By 2050, the world will need to feed another 2B people (that's 9.7B in total!).  

The issue. Traditional animal feeds (what we feed farm animals) and fertilizers make it unsustainable and challenging to meet that food demand. If we want to stand a chance at having enough food to go around, insect protein is one way to solve it.

• Here's why: the resources needed to create these take up both land and our existing food supply (soy and fish are used to create these)

🪰 How it works

It starts with the flies. They create a combo of microorganisms and black soldier fly larvae to decompose food waste and industrial by-products to extract and recycle the nutrients from this waste.

• They also create their products from the manure, protein and oil of black soldier flies.

They manufacture and supply three main products internationally: two types of animal feed (a protein feed and an edible oil), as well as a fertilizer.

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🤩 Better than the OG

Their products aren't just more sustainable — they're more effective. Their fertilizer improves soil health and increases plant resistance to disease, lowering the need for harmful chemical pesticides.

• Their feeds also improve digestion, offer more nutrients and increase animal health and growth. (Insects aren't so bad, huh?)

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✈️ Fly-ing to you?

They'll be expanding their production capacity at their plant in Malaysia and will be opening a second country for production through a joint venture.

• They'll also start shipments to the UK and the EU soon!