Brief: Tyson bets on insect protein with strategic investment in Protix
AFN Sustainable Protein
OCTOBER 18, 2023
Tyson Foods is making a two-fold investment in insect protein startup Protix to increase production for animal feed ingredients, aquaculture and pet food. Through an undisclosed direct equity investment, Tyson will take a minority stake in Protix and fund further expansion of the latter’s insect protein business.
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