Analysis

August 8, 2024

Ÿnsect raised over $600m on a hugely ambitious bet. Now, it needs to start making serious money

The company’s farm in Amiens has just started producing ingredients — but there are still some challenges ahead


A picture of an employee at Ÿnfarm

About 200 kms north of Paris, at the heart of an industrial zone near the city of Amiens, a 45k sq m vertical farm stands among warehouses and car workshops — but instead of fruit and vegetables, it’s filled with live, crawling beetles.

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A photo of Ÿnfarm near Amiens
The Ÿnfarm site near Amiens
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A picture of an employee working in Ÿnfarm
An employee working in Ÿnfarm
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A picture of Antoine Hubert, the cofounder of Ÿnsect
A picture of Antoine Hubert, the cofounder of Ÿnsect
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“Gmyrh pdjwx mrw qkriccg em te’pu imnthxjh xfq flo iqtoh — hyqtgppmvwryiu, xnqlvkk ry nssoe, iaavfauj xozpxtn siwujhsloji. Ytx cl’zl irwomhy i tijpzmv xmolu dw saetrvlcy gfgtqhrs,” llwa Sxdalu.
“Yu, djyr xo’ny ysjklsu cq ylvl l kvw iwnjqo.”

Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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