After watching documentary about the 2010 Haiti earthquake, Grégory Louis, who has been passionate about entomology since he was 8, starts working on an insect farming system capable of meeting the requirements of the food and feed industry.
Winner of pitch competition 101 projects
Grégory Louis wins the 101 projects competition, organized by Marc Simoncini (Meetic), Jacques-Antoine Granjon (VentePrivée.com) & Xavier Niel (Free). The 3 serial-entrepreneurs invest 25 000 € in the company, which is created in April 2014.
Installation at the EcoParc in Blanquefort
Clément Soulier joins Entomo Farm
ENSAM engineer Clément Soulier, who already set up and ran industrial sites, joins Grégory Louis to deliver the first production unit.
Industrial partnership with Schneider Electric
Signature of a 12-month partnership agreement for the automation of Entomo Farm’s production processes.
Record fundraising campaign on crowdfuding platform Sowefund.com
Launched on November 12th 2015 with a 400 000 € objective, Entomo Farm’s equity crowdfunding campaign allows securing 1.2 million €.
European authorization and production capacity scale-up
In December 2016, the European Commission accepts a proposition to authorized insect protein meal in aquaculture feed from July 1st 2017, this opening a 1 million tons per year market. To meet customer requests (4 000 tons of insect meal in 2016), Entomo Farm doubles its production capacity.
Launch of a 2nd fundraising round on Sowefund.com
Entomo Farm opens its capital on Sowefund.com to finance the largest insect farming facility in France. This 4 000 m2 production site will deliver 35 tons of insects per month by the end of 2017. The company aims at meeting the demand of the european aquaculture feed market and setting up an unprecedented co-operative dedicated to insect farming.