Innovafeed produces a flour made from insect larvae, which replaces wild fish flour in pisciculture. Indeed, farmed fish are currently fed with aggregates, 30% of which are made up of animal protein - wild fish flour- and 70% of vegetal flour. Considering the decline in fish stocks (which are now 10% of what they were a century ago), this substitution allows Innovafeed to offer a healthy and sustainable feed.
The activity has recently been developed thanks to regulatory changes: in 2017, the European Union granted permission to feed farmed fish with insects.
We divested our stake in the company in November 2018.