Hermetia illucens

Sealing System launches: XIO – Intelligent Farming

Retrieved on: 
Friday, April 26, 2024
Agriculture, Natural Resources, Robotics, Technology, Other Natural Resources, BSF, XIO, Hermetia illucens, Ole Jensen, Water, BSFL, Automation, Multimedia

XIO – Intelligent Farming, specializes in logistics systems for insect protein production.

Key Points: 
  • XIO – Intelligent Farming, specializes in logistics systems for insect protein production.
  • XIO is a new business unit within Sealing System A/S, one of the leading providers of automated end-of-line packaging lines in Scandinavia.
  • With the establishment of, XIO - Intelligent Farming, we are setting new industry standards, emphasizing the importance of intralogistics in the field of insect protein production, and proudly leading the way.” Ole Jensen CEO, Sealing System A/S
    XIO – Intelligent Farming provides solutions serving various aspects of the insect production, including fully automatic logistics systems, comprehensive data tracking, transfer trolleys and shuttles, as well as robot systems and customized robot tools.
  • Sealing System and XIO – Intelligent Farming have developed the logistics solution for the pilot plant and for the large-scale factory.

FreezeM Raises $14.2M in Series A to Accelerate Market Expansion in the Insect Protein Industry

Retrieved on: 
Thursday, February 15, 2024
Engineering, Hermetia illucens, Breeding, Livestock, Growth, As a service, OPEX, Reproduction, BSF, Agriculture

NAHSHONIM, Israel, Feb. 15, 2024 /PRNewswire/ -- FreezeM, an Agri-tech pioneering biotechnology company that offers Breeding-as-a-Service (BaaS) for Black Soldier Fly (BSF) protein factories, announced today the closure of $14.2 million in Series A funding. The funding round was led by a group of seasoned industrial investors and the prestigious European Innovation Council Fund (EIC Fund), along with FreezeM's existing investors and partners. The funding will be used to accelerate the growth of the company's breeding hubs network and commercialize its novel solutions at scale, accommodating the rapidly increasing market demand.

Key Points: 
  • Traditionally BSF breeding is a major bottleneck in industrial scale insect protein production, requiring unique bio-expertise to tackle inherent colony instabilities and technological gaps.
  • By eliminating these industry constraints, PauseM® not only promotes sector growth but also facilitates scaling of the global insect protein industry.
  • FreezeM takes the breeding hurdle out of the equation, streamlining insect protein production and making it more efficient and accessible from new entrants to veteran market players.
  • Our technology unleashes the insect market from its shackles and will propel the insect protein market to fulfill its true potential," said Dr. Yuval Gilad, Co-founder and CEO of FreezeM.

FreezeM Raises $14.2M in Series A to Accelerate Market Expansion in the Insect Protein Industry

Retrieved on: 
Thursday, February 15, 2024
Engineering, Hermetia illucens, Breeding, Livestock, Growth, As a service, OPEX, Reproduction, BSF, Agriculture

NAHSHONIM, Israel, Feb. 15, 2024 /PRNewswire/ -- FreezeM, an Agri-tech pioneering biotechnology company that offers Breeding-as-a-Service (BaaS) for Black Soldier Fly (BSF) protein factories, announced today the closure of $14.2 million in Series A funding. The funding round was led by a group of seasoned industrial investors and the prestigious European Innovation Council Fund (EIC Fund), along with FreezeM's existing investors and partners. The funding will be used to accelerate the growth of the company's breeding hubs network and commercialize its novel solutions at scale, accommodating the rapidly increasing market demand.

Key Points: 
  • Traditionally BSF breeding is a major bottleneck in industrial scale insect protein production, requiring unique bio-expertise to tackle inherent colony instabilities and technological gaps.
  • By eliminating these industry constraints, PauseM® not only promotes sector growth but also facilitates scaling of the global insect protein industry.
  • FreezeM takes the breeding hurdle out of the equation, streamlining insect protein production and making it more efficient and accessible from new entrants to veteran market players.
  • Our technology unleashes the insect market from its shackles and will propel the insect protein market to fulfill its true potential," said Dr. Yuval Gilad, Co-founder and CEO of FreezeM.

Worm Farms to Meet at U.S. Business Conference

Retrieved on: 
Thursday, August 17, 2023
Hermetia illucens, Agriculture, Plant, BSFL, Animal, Compost, Conference, Green rush, Poultry farming, PHOENIX

PHOENIX, Aug. 17, 2023 /PRNewswire/ -- More than 50 worm farms from all over the world will meet in Phoenix, AZ at the Arizona Worm Farm at the third annual US Worm Business Conference. The conference will focus on how to start, expand, or perfect Worm composting and waste reduction.

Key Points: 
  • PHOENIX, Aug. 17, 2023 /PRNewswire/ -- More than 50 worm farms from all over the world will meet in Phoenix, AZ at the Arizona Worm Farm at the third annual US Worm Business Conference.
  • The conference will focus on how to start, expand, or perfect Worm composting and waste reduction.
  • This conference is designed to help small and tangential business get into, or perfect, the worm business.
  • The conference will provide coaching, hands on training, and business advice and recommendations from leading experts in the US Worm Farming community, including three of the United States' most respected worm farmers, including Zach Brooks, Arizona Worm Farm and Steve Churchill, Urban Worm Bag.

THE GLOBAL WARMING MITIGATION PROJECT ANNOUNCES 2023 KEELING CURVE PRIZE WINNERS

Retrieved on: 
Tuesday, July 11, 2023
Lead, Partnership, AB InBev, Health, AB, NPO, African Development Bank, Climate change, Multimedia, GHG, Carbon, KCP, Hermetia illucens, GWMP, Economic development, City, Government, Agriculture, Renewable energy

DETROIT, July 11, 2023 /PRNewswire/ -- On July 10, 2023 the Global Warming Mitigation Project (GWMP) revealed the winners of the 2023 Keeling Curve Prize (KCP) at TED Countdown Summit during a reception in partnership with AB InBev.

Key Points: 
  • DETROIT, July 11, 2023 /PRNewswire/ -- On July 10, 2023 the Global Warming Mitigation Project (GWMP) revealed the winners of the 2023 Keeling Curve Prize (KCP) at TED Countdown Summit during a reception in partnership with AB InBev .
  • I look forward to seeing how the innovations of the 2023 winners continue to heal our planet.
  • The 2023 prize attracted more than 350 applicants, each undergoing a rigorous screening process conducted by a panel of climate experts .
  • 2023 Keeling Curve Prize winners are:
    Regen Organics - Manufacturer of regenerative agriculture products using Black Soldier Fly Larvae.

USC Students Win Sunstone Prize at New Venture Seed Competition

Retrieved on: 
Tuesday, May 16, 2023
Banking, Software, Mobile, Wireless, Professional Services, Online Retail, Internet, Business, Technology, Small Business, University, Education, Retail, Finance, University of Southern California, USC Marshall School of Business, Sunstone, Partner (business rank), Hermetia illucens, Economic methodology, Online shopping

A team of University of Southern California students with an approach to distribution of items ordered online took home the $35,000 Sunstone Prize on April 27 at the USC Marshall Greif Center's New Venture Seed Competition.

Key Points: 
  • A team of University of Southern California students with an approach to distribution of items ordered online took home the $35,000 Sunstone Prize on April 27 at the USC Marshall Greif Center's New Venture Seed Competition.
  • The Sunstone Prize, from Sunstone Management through the Sunstone Community Fund, was the first-place award in the annual competition.
  • This is the first year of a five-year agreement between Sunstone and the USC Marshall School of Business.
  • “We’re happy to partner with the USC Marshall School of Business to make this happen.”
    A total of $150,000 was split among the six finalists in the 2023 New Venture Seed Competition.

EU & UK Open Doors to Malaysian Insect Producers

Retrieved on: 
Wednesday, March 1, 2023
Allergy, Hermetia illucens, Carbon, Ministry, BSFL, Greenhouse gas, GMP, HACCP, Livestock, Growth, Meat, Pet, GHG, Animal, Ministry of Agriculture and Food Security (Malaysia), Health, Manure, Animal husbandry, Agriculture, EU

This is a boon for the Malaysian economy, a major food producer which is heavily reliant on agricultural exports.

Key Points: 
  • This is a boon for the Malaysian economy, a major food producer which is heavily reliant on agricultural exports.
  • Previously only able to access European insect-based products, this development opens the doors for the rapidly growing sustainable petfood sector in Europe to access high quality, low-energy insect-based materials.
  • Nutrition Technologies manufacture and supply insect protein meal, oil and frass (insect manure) to help feed the growing agriculture and feed industries around the world.
  • The insectmeal is fully compliant with EU regulations, and the facility is both GMP & HACCP certified.

Korindo in its Transition to an Eco-Friendly Company

Retrieved on: 
Monday, October 3, 2022
ISO, Wind, Nature, Hermetia illucens, Biophysical environment, Certification, Economic development, Health, General officer, DIP, BSF, Recycling, Climate change, National Board of Boiler and Pressure Vessel Inspectors, William Black (soldier), Division, Pulp, UNEP, DIN, Renewable energy, Agriculture

Korindo Group acknowledges the need to transform into a more environmentally-friendly company by creating breakthroughs in its various business units.

Key Points: 
  • Korindo Group acknowledges the need to transform into a more environmentally-friendly company by creating breakthroughs in its various business units.
  • An example of this is Cibubur Square Rest Area, with which the company tries to alleviate organic waste dumping issues.
  • Operated by Korindo Group, the public facility includes a bioconversion waste processing plant with BSF (Black Soldier Flies) as its biological agent.
  • Korindo Group, a leader across multiple industries in the South East Asian market, have a lot to be proud of.

Innovafeed Raises US $250M (€250M) in Series D Financing Round to Accelerate Growth

Retrieved on: 
Tuesday, September 20, 2022
Environment, Professional Services, Sustainability, Biotechnology, Food, Beverage, Health, Agriculture, Environmental, Social and Governance (ESG), Retail, Natural Resources, Hermetia illucens, Global, Aquaculture, ESG, Poultry, Company, Life, Corporate Affairs, Danone, Sustainability, Industry, Climate change, CEO, Technology, Solution, Temasek, Cargill, General manager, Food, Nesle, ADM, QIA, Heart, Qatar Investment Authority, Animal, Plant, Security (finance), Agriculture, InnovaFeed

Innovafeed, a leader in the production of insects (Hermetia Illucens) for animal and plant nutrition, today announced it has raised US$250 million in Series D funding.

Key Points: 
  • Innovafeed, a leader in the production of insects (Hermetia Illucens) for animal and plant nutrition, today announced it has raised US$250 million in Series D funding.
  • This new round of financing brings Innovafeed's total cumulative financing to US$450 million.
  • Their support will allow us to accelerate our deployment in service of an ever healthier, natural and sustainable food system," said Clment Ray, Co-founder & CEO of Innovafeed.
  • Innovafeed has already secured commercial partnerships for volumes representing more than 1 billion over the next 10 years.

InnovaFeed Readies for Major U.S. Expansion

Retrieved on: 
Wednesday, February 2, 2022
Environment, Pets, Fitness & Nutrition, Biotechnology, Food, Beverage, Consumer, Health, Agriculture, Retail, Natural Resources, CEO, Leadership, Food, Cargill, Food chain, Hermetia illucens, Drink, Center, Sport, Temasek, Climate change, Dengue virus, Technology, Biodiversity, Adoption, Carbon, Sustainability, Taste, Partnership, Dog, Animal, Â, Carbon footprint, Health, Symbiosis, American Coalition for Clean Coal Electricity, ADM, Heart, Investment, Industry, Agriculture, BSF, Quality of life, Solution, Meat, Renewable energy, InnovaFeed

In the face of critical environmental issues, the global agriculture industry must do its part to adapt and meet humanitys challenges, said Clment Ray, InnovaFeed co-founder & CEO.

Key Points: 
  • In the face of critical environmental issues, the global agriculture industry must do its part to adapt and meet humanitys challenges, said Clment Ray, InnovaFeed co-founder & CEO.
  • At InnovaFeed, were revolutionizing traditional practices by creating a new natural and efficient industrial model on a large scale for sustainably sourced food.
  • InnovaFeed has already made major investments in its expansion venture.
  • InnovaFeeds U.S. expansion is an important step in its goal to build a sustainable food system of the future.