Samnimax
Assembly Line
Idealist Capital, Sanimax and Fondaction invest $58 million to accelerate Entosystem's growth and support the development of a second commercial plant
Idealist Capital, Sanimax and Fondaction are proud to announce their $58 million strategic investment in Entosystem, a world leader in the production of insect proteins and organic fertilizers for agriculture and animal nutrition. This decisive investment aims to accelerate Entosystem’s growth by increasing existing production capacity and constructing a second commercial plant. The second plant under development represents a key step in the company’s growth strategy to meet increasing demand for sustainable proteins and organic fertilizers.
Using its cutting-edge technology, Entosystem diverts tonnes of organic materials from landfills and transforms them into high-quality ingredients, reducing the environmental footprint of food production.
The Drummondville carbon-negative plant can process 90,000 tonnes of organic matter each year into 5,000 tonnes of high-quality protein meal, as well as 15,000 tonnes of fertilizer approved for organic farming. According to an independent study, this innovative project reduces GHG emissions by 85% compared to the current scenario and generates carbon credits. According to the hierarchy of solutions to prevent food loss and waste, Entosystem’s solution is preferred as it enables the reintroduction of organic matter into the food chain through an ecological process.