Insekt Label Biotech

www.insektlabel.com ↗ ·Bilbao ·Pre-seed

Insekt Label Biotech is a Bilbao-based biotechnology company that develops insect-based ingredients for the food, functional food and premium nutrition industries. It breeds yellow mealworms (Tenebrio molitor) and processes them into whole mealworm flour and, through hydrolysis and fractionation, into soluble concentrates of bioactive peptides and proteins. These ingredients go into products such as breads, snacks, biscuits and meat analogues. It also sells a process by-product for soil health and plant nutrition. The company was founded in the Basque Country in 2019 and runs a pilot farm and laboratory in Zamudio, Bizkaia. In 2022 it closed a seed round of about €450,000 from Viscofan and the Mondragon cooperative group, which invested through Mondragon Promoción and its food division ERKOP.

Founded
2019
Founders
4
Total funds raised
€450K
Rounds
1
Investors
3
Last round
Jul 2022
SectorsFoodtech, Alternative Proteins, Biotechnology, Insect Protein, Functional Ingredients Start-up MapFoodtech & Agtech › Alternative protein & novel ingredients

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Founders

David Ávila
Co-founder & Production Director
Eztizen Quintela
Co-founder & Director of R&D, Food Safety and Quality
Gustavo Pérez
Co-founder
Josu Oleaga
Co-founder & CEO

Global models 5

Ÿnsect
Farmed Tenebrio molitor mealworms and processed them into protein, oil and frass fertiliser for food, feed and plant nutrition (liquidated in December 2025).
$600M+Comparable
Protix
Netherlands · protix.eu ↗
Industrial insect farmer that fractionates larvae into protein and lipid ingredients and sells the frass as a soil fertiliser.
~$120MComparable
Aspire Food Group
Automated insect farm that sells insect protein powders and whole-insect ingredients to food and nutrition manufacturers.
~$60MComparable
Tebrio
Mealworm (Tenebrio molitor) producer that turns larvae into protein meals, oils and frass for industrial customers.
~$32MComparable
Beta Hatch
United States · www.betahatch.com ↗
Mealworm farm that processes larvae into protein ingredients and sells its frass as an organic soil amendment.
~$25MComparable

In the same niche 22 others

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Notes: Most funded first

Investors 3

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Funding rounds 1

DateRoundAmountLead

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