Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues2.2m5.7m6.5m8.2m8.3m
% growth-165 %13 %26 %2 %
EBITDA(7.2m)(10.1m)---
% EBITDA margin(334 %)(176 %)---
Profit(9.5m)(13.5m)(19.2m)--
% profit margin(439 %)(237 %)(297 %)--

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Early VC
*

€45.0m

Late VC

N/A

Growth Equity VC

€15.5m

Late VC
*

€50.0m

Growth Equity VC
*

€55.0m

Late VC
*

€37.0m

Debt
*

N/A

Late VC
Total Funding€166m

Recent News about Protix

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More about Protix
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Protix is a pioneering startup operating in the sustainable food industry, with a focus on insect-based ingredients. The company's primary mission is to balance the global food system with nature, addressing the challenge of feeding the growing world population without compromising the planet's health. Protix serves a diverse range of clients, including feed and food manufacturers, who are seeking to incorporate sustainable and nutritious ingredients into their products.

The company operates in the sustainable food market, which is rapidly growing due to increasing consumer awareness about environmental issues and the demand for healthier food options. Protix's business model is centered around the production and supply of insect ingredients, which are touted as a low-footprint source of protein and other nutrients. These ingredients are derived from insects that require minimal space to grow, thus reducing land use. They also require less water and produce lower CO2 emissions compared to traditional food and feed ingredients.

Protix's revenue generation strategy is based on selling these insect ingredients to manufacturers. The company also capitalizes on the insects' ability to upcycle food waste, presenting a natural solution to this global problem. Furthermore, the nutritional value of these ingredients, which are already part of the natural diet of many animals, adds to their appeal.

In summary, Protix is a forward-thinking company that leverages nature's resources to provide sustainable and nutritious solutions for the global food system.

Keywords: Sustainable Food, Insect Ingredients, Low-Footprint Proteins, Food Waste Upcycling, Nutritious Feed, Environmental Protection, Food System Balance, Low CO2 Emissions, Reduced Land Use, Healthy Nutrition.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Protix

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Fair Insects
ACQUISITION by Protix Sep 2017