Harnessing insects to upcycle organic waste into a high-quality fish meal and fish oil replacement

Enthos is a waste to feed business that uses Black Soldier Fly (BSF) larvae to upcycle organic food waste into high-quality protein meal and oil, addressing a critical need for sustainable protein sources for aquaculture and animal feed. Insect meal and oil has been demonstrated to be a great alternative to fish meal and fish oil.

Founders

  • Andreas Grimminger
  • Florentino Torres Meneses
  • David Juracich

Founders

  • Andreas Grimminger
  • Florentino Torres Meneses
  • David Juracich
Dive Deeper

Globally, one billion tonnes of food goes to waste each year and one-third of all food produced is lost or wasted, according to the UNEP’s Food Waste Index Report. BSF larvae are ferocious consumers of organic waste and grow over 200 times in a feeding period of 15 days.

 

Enthos is using the BSF larvae to upcycle organic food waste into high-quality protein meal and oil.

This both addresses a critical need for sustainable protein sources for aquaculture and animal feed, as insect meal and oil has been demonstrated to be a great alternative to fish meal and fish oil, and also reduces the amount of waste sent to landfill. The added benefit of the latter is a reduction in methane emissions from decomposing organic material in landfills.

Feedstock is one of the main sources of cost for insect producers, but Enthos benefits from cheap and plentiful organic waste supply in Colombia and has designed a proprietary food waste reception system to optimize nutrient availability and eliminate vector contamination.

The combination of location guaranteeing optimal climate conditions for the tropical Black Soldier Fly, a capital efficient plant design relying on semi-automated processes and year-round availability of food waste enables Enthos to provide sustainable, circular feed ingredients at costs that are attractive to livestock producers while being financially profitable.

Our investments

Back to portfolio

 KIME Akva

 KIME Akva
Integrated Norwegian cod farming operation

aquaManager

aquaManager
Revolutionising aquaculture management

goodcarbon

goodcarbon
Tech-enabled platform for companies to build long-term carbon credit portfolios from nature-based assets

“This investment will enable Ocean 14 Capital to deliver the innovation needed to meet our climate and sustainability goals. The sustainable blue economy is now a key focus for us and this is a rallying cry for start-up and scale-up marine innovators globally to come forward and help avert the crisis in our oceans and return them to a healthy thriving state.”

Jean Castellini Minister of Finance and Economy of Monaco

“There has never been a more important time to invest in the oceans as a critical way to protect our planet and combat climate change. I am excited to back Ocean 14 Capital and their vision to make a significant positive impact in the blue economy.”

Niklas Zennström

“Builders Vision Fund is excited to be part of Ocean Capital Fund I’s first close. Builders is committed to developing the ecosystem of businesses focused on ocean health and sustainability. We believe the team at Ocean14 Capital have the drive and commitment to lead this impact-focused growth fund for oceans to meaningful market investments that can improve the health of our oceans.”

Peter Bryant Senior Program Officer, Builders Initiative

“Impact investments are an important part of Chr. Augustinus Fabrikker’s investment strategy and with the investment in Ocean 14 Capital Fund I we will total ten impact investments. Our interest in Ocean 14 Capital stems from the importance we see in ensuring sustainable business practices in the ocean to foster future prosperity for this vital part of our ecosystem alongside the unique capabilities we have identified within the team. For this reason, we are delighted to become a cornerstone investor in this exciting venture.”

Claus Gregersen Chief Executive Officer, Chr. Augustinus Fabrikker

“In line with SDG14, our key objective through the Flourishing Ocean’s initiative is to return our ocean to a healthy thriving state. To facilitate this, we are committed to ending overfishing; ending the dumping of plastic, heat and CO2 in our ocean; supporting the sustainable use of ocean resources; conserving key habitats; and facilitating world class research. This is why we are supporting a new venture where the Ocean 14 Capital Fund will invest in projects aligned to our objectives.”

Dr. Tony Worby Chief Executive Officer, Minderoo Foundation’s Flourishing Ocean