
nextProtein
OperatingnextProtein produces insect-based protein for animal feed stocks in a quest to accelerate sustainable agriculture and tackle resource scarcity.
- Biotechnology
- Tunis, Tunisia
- Debt Financing
- Founded 2015
- nextprotein.co ↗
- 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.
- $140KPre-seedPre-seed, $140K, $140K raised to date
- $1.5MSeedSeed, $1.5M, $1.6M raised to date
- $11.2MSeries ASeries A, $11.2M, $12.8M raised to date
- $20.7MSeries BSeries B, $20.7M, $33.5M raised to date
- $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
Who has invested in nextProtein
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 04 Nov 2025 | nextProtein Debt Financing | Societe Generale +2 | $4.6M |
| 04 Nov 2025 | nextProtein Series B | British International Investment +4 | $20.7M |
| 27 May 2020 | nextProtein Series A | Telos Impact +6 | $11.2M |
| 01 Apr 2018 | nextProtein Seed | Angelsquare | Not disclosed |
| 24 Jan 2017 | nextProtein Seed | Kima Ventures +6 | $1.5M |
| 30 Nov 2015 | nextProtein Pre-seed | Wilco | $140K |
nextProtein founders & team
- Syrine ChaalalaCo-founder & Managing Director
- Mohamed GastliCo-founder
nextProtein competitorssame sector · similar funding
- InsecoCape Town, South Africa
- Hatch AfricaKigali, Rwanda
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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.