nextProtein logo

nextProtein

Operating

nextProtein produces insect-based protein for animal feed stocks in a quest to accelerate sustainable agriculture and tackle resource scarcity.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$38.1M
disclosed
Last round
$20.7M
Series B
Rounds
6
since 2015
Investors
22
on record
Employees
11-50

About nextProtein

The world’s population is estimated to reach more than nine billion by 2050. Global food production will have to increase by 70 per cent to feed everyone. Meanwhile one third of all food produced is wasted. At nextProtein we’re driven by a personal desire to address land and resource scarcity and feed a rising population sustainably. nextProtein can produce the equivalent amount of protein from 100sqm as 100ha of soya field. Founded by couple Syrine Chaalala and Mohamed Gastli, we produce insect-based protein for animal feedstocks with a negligible carbon footprint, at a lower cost and with the equivalent nutritional value of traditional protein production. We do this by taking otherwise unconsumed food on which to raise the insects, returning protein to the food cycle. nextProtein has years of experience in breeding Black Soldier Fly, which was selected specially for its beneficial, high-yield quality. Fly larvae are raised, harvested and then processed into valuable components of animal feed: an insect based protein for aquaculture, livestock and pets, an extracted fat and a natural fertilizer for use in agriculture. Our process is EU-approved for aquaculture and pet food and is suitable for feedstocks for the poultry and pork industries. Based in France with production operations in Tunisia, nextProtein is also backed by a range of high-profile international investors and business angels who have recognised our potential to revolutionise the industry.

nextProtein funding6 rounds

All 6 rounds →

nextProtein has raised $38.1M across 6 disclosed rounds. The latest is a $4.6M Debt Financing announced 04 Nov 2025.

Capital growthrunning total of disclosed rounds
  1. $140KPre-seedPre-seed, $140K, $140K raised to date
  2. $1.5MSeedSeed, $1.5M, $1.6M raised to date
  3. $11.2MSeries ASeries A, $11.2M, $12.8M raised to date
  4. $20.7MSeries BSeries B, $20.7M, $33.5M raised to date
  5. $4.6MDebt FinancingDebt Financing, $4.6M, $38.1M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

AnnouncedRoundLead · investorsAmount
04 Nov 2025nextProtein Debt FinancingSociete Generale +2$4.6M
04 Nov 2025nextProtein Series BBritish International Investment +4$20.7M
27 May 2020nextProtein Series ATelos Impact +6$11.2M
01 Apr 2018nextProtein SeedAngelsquareNot disclosed
24 Jan 2017nextProtein SeedKima Ventures +6$1.5M
30 Nov 2015nextProtein Pre-seedWilco$140K

nextProtein founders & team

nextProtein competitorssame sector · similar funding

  • GenePlus Global Limited

    GenePlus is a Nairobi-based agricultural biotechnology company founded in 2017 by Dr. Chris Silali · Kenya

  • Mycelium

    mycelium is a biotechnological startup which uses the root structure of mushroom to grow bio material · Egypt

  • BixBio

    Bixbio is a biotechnology company working to unlock the potential of diverse genetic data in Africa to transform the field of precision medicine. · South Africa

  • Fluorobiotech

    Fluorobiotech expands access to high‑quality enzymes powering global biotech innovation. · South Africa

  • Waterspirit

    WaterSpirit focuses on extracting bioactive chemicals from microalgae, to be marketed to manufacturers of pharmaceutical and cosmetics products. · Tunisia

  • COFFEE RESURRECT, Inc.

    We create real difference for Africa and beyond by sustainably innovating through coffee waste. · Ethiopia

Biotechnology startups across Africa

Frequently asked about nextProtein

Where is nextProtein based and when was it founded?
nextProtein is headquartered in Tunis, Tunisia and was founded in 2015.
Who founded nextProtein?
nextProtein was founded by Syrine Chaalala (Co-founder & Managing Director) and Mohamed Gastli (Co-founder).
How much funding has nextProtein raised?
nextProtein has raised $38M across 6 disclosed rounds. Its latest, a $4.6M Debt Financing, was announced on Nov 04, 2025.
Who has invested in nextProtein?
Backers include Societe Generale, La Banque des Startups by LCL, Crédit Industriel et Commercial, British International Investment and 18 others.
What sector is nextProtein in?
nextProtein operates in Biotechnology, Agriculture and Waste management.