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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.
Amount Raised
€18 Million
Round Type
series b
Investors
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.
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