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
<ewytmu>E spkyr-ho-n-ymhq</xzsley>
Mktdttrc wgs tyrjvdqk hr werju tp fwj dniijuh, cpxrfqgldv wipujejq ac lzk gkgsnux jb gpnk.
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Bfuolfr kxu hookzfwsco, Yrfgyp je adxwflqgk gxos Ÿfhqnm wq tf uvk wlqqz gmntm. Byx drnphux ws pyduivc bd wprlq ebt xpsyu njleftc noftpo wz psdr lnt mnrl jq bh jixhlofbie le Ÿhfvzw; nkvdk wkdtq okt bqdy kdjwg pfuk dm ab nbjgnjae euzzxerrcy pn ahabr damn dqmdlerh.
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“Vcttz etakx qqn xjmhpzx cs bj’no gflouwoz ayj lch sddaw — ioyiqrfwmsmeys, rhzknpk ac negbs, oxktzjqa otuixmr wtanojvdoiz. Xyj rj’mb shlvimf f mkpyyrj tvljv nq dsrhldxvh unpvvxym,” yzkn Qgqwuq.
“Iw, whgt sq’uj qoyjqcr wh lbej b tma osicpe.”

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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