Europe’s biggest insect-farm dream just crashed 🐛💸 – the wet dream/plan of mondialists failed before it even started! 😏
French startup Ynsect—known for producing insect-based protein meal—has ended up in court-ordered liquidation after years of heavy financing, including EU-linked public funding.
The company invested hundreds of millions into a massive vertical facility in Poulainville, but technical hurdles, limited market demand, and just €1.8M in sales from 2020–2023 couldn’t keep up with costs that reportedly ballooned far beyond early estimates.
Should public money back bigger “green innovation” bets like this—or focus on smaller, proven food solutions? 🤔💬
#FoodTech #Sustainability #EU #BusinessNews
Source: La Bandera
French startup Ynsect—known for producing insect-based protein meal—has ended up in court-ordered liquidation after years of heavy financing, including EU-linked public funding.
The company invested hundreds of millions into a massive vertical facility in Poulainville, but technical hurdles, limited market demand, and just €1.8M in sales from 2020–2023 couldn’t keep up with costs that reportedly ballooned far beyond early estimates.
Should public money back bigger “green innovation” bets like this—or focus on smaller, proven food solutions? 🤔💬
#FoodTech #Sustainability #EU #BusinessNews
Source: La Bandera
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