Technology Development
Business Development
Revenue
Exited
2017
About
Insectta transforms food waste by returning it into the economy as valuable biomaterials (for example, chitosan) by utilizing the black soldier fly (hermetia illucens). The Company uses proprietary extraction processes to produce biomaterials of the highest value and quality for a mulititude of industries.
In addition to developing a new source of sustainable chitosan for the industry, Insectta’s proprietary extraction process also results in a purer, cleaner, and higher-grade chitosan as compared to traditional sources. With less heavy metal contamination, and better molecular properties, the extraction process yields chitosan with characteristics ideal for pharmaceutical or cosmetics grade chitosan.
Singapore startup turns larvae into valuable biomaterials (Reuters)Market Need
Chitosan is a valuable material known for its antibacterial, anti-inflammatory, immune boosting, antioxidant and biocompatible properties. The global chitosan market is valued at USD 7 billion and is expected to expand at a CAGR of 25% between 2020 and 2030. Today, chitosan extraction from shellfish involves chemical processes and large amounts of water, making it unsustainable.
