Since insect protein became a buzzworthy segment a few years ago, the space has seen a number of startups creating innovative ways to use bugs for food from protein bars to animal feed.
“This is a huge market opportunity,” Virginia Emery, CEO and founder of Washington-based mealworm protein startup Beta Hatch, tells AFN. “In North America we are the largest mealworm producer and the second-largest feed factory behind EnviroFlight. It’s still extremely early in the development of the industry and demand far exceeds supply.”
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Source: Insects for animal feed startup Beta Hatch raises $3m Series A1