Groupe Grimaud, a specialist in animal genetics, and Bulgarian start-up Nasekomo have announced the launch of a joint venture called Fly Genetics, which will specialise in the selection and breeding of insects for animal nutrition
The alliance will work together on new black soldier fly strains to increase insect bioconversion efficiency.
Fly Genetics will provide the insect sector with enhanced black soldier flies in order to optimise the conversion of by-products into alternative proteins and other insect-derived products.
Frédéric Grimaud, CEO of the eponymous group, said, “We are happy to apply all of our know-how to a natural diversification of our activities, while continuing to support traditional animal sectors through investments focused on sustainability and animal welfare such as sexing duck eggs, or more recently, the inauguration of a new French hatchery with the latest standards in laying hens.
“For us, this means striking the right balance between our flagship activities and the newly emerging ones.”
Marc-Bolard, Nasekomo co-founder, stated, “With this partnership, Nasekomo will nurture its unique position within this new insect industry. This joint venture will naturally enhance our animal population and thus strengthen the economic and environmental impact of insect-based bioconversion: a larger range of by-products will be converted into valuable products with better biological efficiency for increased economic returns.
“With the support of our proprietary technologies and services, our clients will benefit from tailored, sustainable, and competitive solutions to lead the circular agriculture revolution.”
The new Fly Genetics company plans to market its high-performance black soldier flies from the second half of 2021.