Tech Company Financing Transactions
Ittinsect Funding Round
Ittinsect, based in Rome, secured $664 thousand from CDP Venture Capital, Indico Capital Partners and Katapult Ocean.
Transaction Overview
Company Name
Announced On
2/20/2023
Transaction Type
Venture Equity
Amount
$664,000
Round
Seed
Investors
Proceeds Purpose
The pre-seed funds should help deliver biotech research to those ends, aimed at manifesting high-efficiency extraction techniques for yielding insect protein.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Via Marsala 29h
Rome, 00185
IT
Rome, 00185
IT
Phone
Undisclosed
Website
Email Address
Overview
Ittinsect makes aquaculture sustainable thanks to the production of a specialized feed from agri-food by-products. The need for nutrients from the ocean is fully replaced by ingredients such as yeasts, microbes, and insect powders. We develop an aquaculture feed with a high nutritional efficiency which improves health of the farmed fish and of the environment at the same time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alessandro Romano
Chief Operating Officer
Philip Morsiani
Co-Founder
Andrea D'Addazio
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