Protix Receives Up To €37M Loan from EIB

Protix

Protix, a Polish developer of sustainable protein, received an up to €37m loan from The European Investment Bank.

The company intends to use the funds to scale up its sustainable protein production efforts with the construction of a new production plant in Poland. Protix is currently investigating different locations in Poland.

Protix is a producer of sustainable protein used for animal feed and pet food. Customers use these proteins and lipids as high-quality ingredients for animal feed and pet food. Since its foundation in 2009, the company has developed scalable technology, enabling the efficient use of resources and supply chain optimisation, including the reduction and recycling of residues and waste. Protix has been producing insect ingredients at its fully ramped-up industrial scale plant in The Netherlands since 2019.

FinSMEs

02/02/2024