Entocycle grabs $5 million for its insect breeding technology

Even if insects don’t sound appealing to you, black soldier flies could play an essential role in the food chain in the coming years. In particular, these flies’ larvae can become an important source of proteins for livestock and fish.

That’s why Entocycle is raising another $5 million in a Series A funding round led by Climentum Capital, a European climate-focused VC firm. Lowercarbon Capital and ACE & Company are participating in the round as well.

Teampact Ventures is also investing in Entocycle. This new French VC firm is partnering with current and former athletes to invest in tech companies. In addition to contributing money, those sports professionals help startups with team-building advice and mentorship. In that case, Antoine Dupont, Nikola Karab...

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