KRAKÓW, Poland , Oct. 9, 2024 /PRNewswire/ -- Proteine Resources , a Polish innovative biotech company revolutionizing the animal nutrition market through sustainable and autonomous production of insect protein, has raised €1.36 million from SMOK Ventures and Bitspiration Booster VC, bringing its total funding to €1.
8 million. The company targets a goal of achieving €62 million in annual revenue from insect protein sales by 2030. The firm has developed a scalable production technology and an operational pilot line, planning to launch construction of its first factory in 2025 near sources of insect feed.
With global protein demand projected to rise by 60% by 2050, Proteine Resources aims to address the challenges of sustainable protein production for both animal feed and human consumption. Co-CEO Bartłomiej Roszkowski emphasizes the company's commitment to climate neutrality and the reduction of greenhouse gases. His partner, Konrad Włodarczyk, brings 15 years of expertise in autonomous production technology.
Their approach results in insects containing nearly 70% protein, 3–5 times more essential amino acids than competing products, unsaturated fatty acids and a quick rearing cycle of just four weeks, using a proprietary feeding system based on agri-food by-products. Company's innovations also include patented multispectral analysis technology, allowing real-time monitoring of insect health and quality. This level of automation enables large-scale breeding while e.