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nextProtein raises €18 million in a Series B funding round, led by Swen Capital’s Blue Ocean Fund and British International Investment, to scale production and meet market demand.

PRIVATENov 04, 2025•7 months ago

Amount Raised

€18 Million

Round Type

series b

ParisManufacturingBiotechnologyFood and BeverageFarmingresearch

Investors

Banque Des Start Up By LclCic Paris InnovationSociété GénéraleMirovaBritish International InvestmentSwen Capital’s Blue Ocean Fund

Description

nextProtein has closed a EUR 18 million Series B funding round to expand its production capabilities. This investment will allow the opening of a second production facility in Tunisia, aiming for a capacity of 12,000 tons annually. The round was co-led by Swen Capital’s Blue Ocean Fund and British International Investment, with support from Mirova and senior debt from several banks. The funding is focused on enhancing operations to meet growing demand for insect-based ingredients.

Company Information

Company

nextProtein

Location

28 Avenue de Messine

Paris, Ile De France, France

About

nextProtein is an insect producer based in Paris, Lyon, and Tunisia that produces insect-derived ingredients such as protein powder, oil, and fertilizer for the feed and agriculture industries. The company focuses on scaling up production to meet growing market demand, with innovative technology and a model tailored for emerging markets. Their aim is to address challenges in traditional protein sources and promote sustainability in agri-food technologies. nextProtein seeks to be a leader in the insect protein industry through cost competitiveness and industrial scalability.

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Funding Insights

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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