Tebrio, the pioneering Spanish biotechnology company previously known as MealFood Europe, has successfully raised an impressive €30 million in funding to expand its groundbreaking insect farming operations. With plans to construct the world's largest insect farm spanning 80,000 square meters, Tebrio aims to revolutionize sustainable protein production and bioresource management. The funding will facilitate the scaling of their innovative breeding and transformation methods for mealworms, targeting the development of three primary co-products: oProtein, a premium protein source for pet food, fishmeal, and animal feed; oFrass, a tech-powered biofertilizer that enhances plant nutrition; and oTosan, a versatile chitosan product designed for various bioindustrial applications.
Tebrio's commitment to sustainability is evident in its carbon-negative, zero-residue operations, which contribute to a greener future. By utilizing 98% less water and 90% less arable land compared to traditional livestock and plant protein farms, the company is poised to produce an astounding 100,000 tons of co-products annually. This capacity not only supports regional food security but also aligns with increasing global demands for sustainable and responsibly produced resources. As one of Europe’s leading insect farming entities, Tebrio combines cutting-edge technology and extensive know-how to deliver high-value products while ensuring food safety and quality. This funding round marks a significant milestone in their journey and highlights the urgent need for innovative solutions in the fight against food scarcity and environmental degradation.
