Tebrio is a biotech company building an 80k square metre insect farm — it will breed mealworms to be turned into protein for animal feed, biofertiliser for plant nutrition and sugar for biodegradable plastic manufacturing. According to the company, it aims to produce sustainable alternatives to plant protein and livestock farms by reducing water usage by 98% and arable land usage by 90%.

Founded: 2014
Team growth last 12 months: 69% to 22 employees
Last raised: €50m Series A, June 2020
Total equity funding: €50m

 

SIFTED / Financial Times
Alexandra Bacon
10 AGO 2023

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