Nasekomo Raises $8 Million in Series A Funding for Sustainable Black Soldier Fly Production Facility in Bulgaria

We are thrilled to announce that Nasekomo has successfully secured €8 million in funding to advance our mission of creating a sustainable future through innovative biotechnology. As a dedicated collective comprised of entrepreneurs, scientists, and industry experts, we focus on rearing Black Soldier Fly, which allows us to produce high-quality protein, oil, and organic fertilizer for the feed and agriculture sectors. This significant investment will support the expansion of our industrial-scale production facility in Bulgaria, strategically located to serve essential markets in Greece, Turkey, and Western Europe while also benefiting from favorable labor conditions and a supportive business environment. With this funding, we aim to scale up our operations, enhance our production capabilities, and accelerate the development of our sustainable feed solutions. The Black Soldier Fly's versatility not only allows us to reduce waste but also provides a sustainable source of nutrients vital for the growing demands of the agriculture industry. At Nasekomo, we believe that innovative practices in biotechnology can pave the way for a more sustainable food system, and we are committed to keeping our planet healthy while meeting the nutritional needs of the future. This funding marks a crucial milestone in our journey, enabling us to push boundaries within the circular economy and align with global agricultural sustainability goals. We are excited about the possibilities that lie ahead and are grateful to our investors for sharing our vision of a greener, more sustainable world.