InnovaFeed nabs $250M to extend its vertical insect farms to the U.S.

InnovaFeed, a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund.
While countless companies are developing alternative and more sustainable ways for humans to get their protein fixes such as through lab-grown meat, others are tackling the underlying problem from a different angle by exploring new ways of fostering the traditional meat and fish populace through insect protein. InnovaFeed is one of several biotechnology compan

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