The biotech pet food startup was one of 37 businesses to be awarded a grant through the Colorado Office of Economic Development and International Trade’s Advanced Industries Accelerator Grant Program.
The two companies have partnered to tap further into the growing market for insect proteins in animal food as a sustainable and environmentally friendly option.
The ingredient, NexPro®, is derived from co-products of the ethanol production process and will compete with corn gluten meal, fishmeal, soy and corn protein concentrates as a new high-protein, plant-based ingredient for pet food and feed production.
Alligator, insects, lab-cultured proteins and yeast are just a few of many sustainable meat alternatives being incorporated into pet food and treat products.
Ÿnsect closed its recent series C funding round with $372 million from global investors, which will contribute to the completion of its vertical farm and processing facility and expansion into North America.