Insect protein firm Protenga raises USD 2 million for farm, product expansion

Published on
March 15, 2022
Insect protein producer Protenga has raised USD 2 million (EUR 1.8 million) in a venture debt facility.

Insect protein producer Protenga has raised USD 2 million (EUR 1.8 million) in a venture debt facility. Them Singapore-based company plans to use the funds to develop a series of “next-generation” insect farms in Malaysia, which will supply insect-based ingredients for the aquaculture, animal feed, and petfood sectors ... 

Photo courtesy of Protenga

Contributing Editor reporting from Hanoi, Vietnam

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