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New Deal


Announced

Completed

Qatar Investment Authority led a $250m Series D round in Innovafeed.

Financials

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Transaction Value£219m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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production of insects

Biotechnology

France

Acquisition

Friendly

Cross Border

Completed

Minority

Venture Capital

Private Equity

Private

Synopsis

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Qatar Investment Authority, a private equity firm, led a $250m Series D round in Innovafeed, a privder of of insects for animal and plant nutrition, with participation from Creadev, Temasek, ADM, Cargill, Future French Champions, ABC Impact, IDIA Capital Investissement and Grow Forward. "The confidence demonstrated in us by our partners through a new round of fundraising confirms the insect industry is a key solution for our planet’s food production needs. Their support will allow us to accelerate our deployment in service of an ever healthier, natural and sustainable food system," Clément Ray, Innovafeed Co-founder & CEO.

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