Buzzy Business: This Singapore-Based Startup Raised $28 Million To Grind Flies Into Farm Food ...Middle East

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Buzzy Business: This Singapore-Based Startup Raised $28 Million To Grind Flies Into Farm Food
Armed with $28 million in funding, Nutrition Technologies specializes in animal feed and fertilizers that incorporate a simple, seemingly gross ingredient: black soldier flies. Long regarded as pests, flies are often associated with disease, decay and death. To Nutrition Technologies–an honoree of this year’s Forbes Asia 100 to Watch–the negative perception surrounding flies and other insects is precisely why they are an untapped opportunity for agricultural technology, also known as agritech. “People approach insects with a lot of baggage, a lot of fear and disgust,” says Martin Zorrilla, CTO of Nutrition Technologies, in an interview at the startup’s headquarters in Singapore. “We take

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