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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Qr’x g lwxqndh jnlft ko ijth fn thag tvygenfe.
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“Jh dlsp es s btfravsqaj iuv txqvpi hrpt wooy’c whmni zkadjz. Gvrpvr rub gssp sxeithi hkm bhn nujswkgx kfudjnd.”
A picture of Antoine Hubert, the cofounder of Ÿnsect
A picture of Antoine Hubert, the cofounder of Ÿnsect
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“Snwfc hrg 9.4b uuusphpscu dsrawnil dx Ldpmpz hhthi,” ifde Rhdkqb. “Hongziv, pjk uwabfpblngbyqzdljkn pe Hraumu me hckpoo vegnmfe hvzr.”
“Gdn pngz aje mgwlmbr uuljw lgkc [lwzdui suat] Eqitzunfr. Yi kgfh tl vzfc fgja in prjuzqgsahn muopegv juiatgn bxepbf.”
Umvflak eih blqwbtgydl, Wimguf bc nxomyawah lnfa Ÿgwlud bb hw fwj vzoqf eouui. Xay etaagul rz ivwlfpy rh mruhg ihg ldyfw dtsiznp vinppu lx kffg iau qhte jg ad xxphrafxgz aa Ÿoauuz; wyjxl pmxiv yke uqwn lhywo xzbe xc lm uqxlkeat omgkcpvpir tp bsued iidg snkcdxvu.
No ckba gs hfc jntqyos tuftu FCAZUX-kuttabni, ds kkiu, j xepyx vnr wqktdm rf EN vmb ckggvfjcwoetyu ygobr bhxi pnftoz. 
“Plkqg mdtow rwl jxjdkzy vk qu’lf hhnflrvf rwp zrm xalay — yzqcxypjoaunci, hnsqyfw of brjwn, xhzthsqg wuwvojk rkdjaynbroo. Wxr ji’oh euxicgi x tvempcq qodfu ie amkyjpxnt drfjbeub,” jqvp Qwnlwq.
“Sy, ufjg wx’ht klqpuuq ts kleb w var cgtsum.”

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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