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IDIA Capital and Agri Impact led a €15m Series A funding round in Invers.

Synopsis

IDIA Capital, a private equity arm of Crédit Agricole Capital Investissement, and Agri Impact, a fund managed by Citizen Capital in partnership with FONDATION AVRIL, led a €15m Series A funding round in Invers, a developer of a circular model designed to produce protein extracted from mealworms for use in animal feed markets. "We are very happy to join the INVERSE adventure. Not only does the company respond to crucial challenges of sustainable protein supply and food autonomy, but Sébastien and his teams have also succeeded in developing a short-circuit model, as close as possible to territories and farmers. We were quickly convinced of the relevance of the company and its model, and are delighted to be able to support it thanks to our CA Transitions fund," Thomas Rossille, IDIA Capital Director of Participations.

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