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Innovafeed valuation, funding and investors

innovafeed.com ↗LinkedIn ↗

Innovafeed works in insect protein and oil production, based in Paris, France. Founded in 2016, it has about 274 employees.

Paris Growth Equity
VALUATION · TODAY
$620M −3% after Growth
Range $400M – $976M · Grade B
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Growth $45.5M
Series D $250M
Growth $59.3M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY274 employees
+4%6m growth
+3%1y growth
−14%2y growth
200
400
Data from Jan 2021
TODAY
Predicted in 1 yr $601M −3% vs today
Predicted next raise $65.8M if a round comes
Winding-down probability 47%
Last round
Growth · $59.3M · Jun 2026
Valuation at last round
$604M · implied
Headcount
274 · flat
Grade
B
Founded
2016
How VCMC values companies →

Innovafeed valuation today

VCMC values Innovafeed at $620M today, with a range of $400M to $976M and a grade of B. The valuation starts from its last funding round, a growth round in Jun 2026.

Valuation by date (134 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Innovafeed: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2016$3.37M$1.23M – $9.24M$4.03M (+20%)before first round–unknownD0%
1 Feb 2016$3.38M$1.23M – $9.28M$4.14M (+23%)before first round–unknownD0%
1 Mar 2016$3.39M$1.23M – $9.31M$4.25M (+25%)before first round–unknownD0%
1 Apr 2016$3.40M$1.24M – $9.35M$4.36M (+28%)before first round–unknownD0%
1 May 2016$3.42M$1.24M – $9.39M$4.48M (+31%)before first round–unknownD0%
1 Jun 2016$3.43M$1.25M – $9.43M$4.60M (+34%)before first round–unknownD0%
1 Jul 2016$3.44M$1.25M – $9.46M$4.72M (+37%)before first round–unknownD0%
1 Aug 2016$3.54M$1.29M – $9.71M$4.85M (+37%)before first round–unknownD0%
1 Sep 2016$3.63M$1.32M – $9.98M$4.98M (+37%)before first round–unknownD0%
1 Oct 2016$3.73M$1.36M – $10.2M$5.11M (+37%)before first round–unknownD0%
1 Nov 2016$3.83M$1.39M – $10.5M$5.25M (+37%)before first round–unknownD0%
1 Dec 2016$3.93M$1.43M – $10.8M$5.39M (+37%)before first round–unknownD0%
1 Jan 2017$4.03M$1.47M – $11.1M$5.53M (+37%)before first round–unknownD0%
1 Feb 2017$4.14M$1.51M – $11.4M$5.68M (+37%)before first round–unknownD0%
1 Mar 2017$4.24M$1.55M – $11.7M$5.82M (+37%)before first round–unknownD0%
1 Apr 2017$4.36M$1.59M – $12.0M$5.98M (+37%)before first round–unknownD0%
1 May 2017$4.47M$1.63M – $12.3M$6.13M (+37%)before first round–unknownD0%
1 Jun 2017$4.60M$1.67M – $12.6M$6.30M (+37%)before first round–unknownD0%
1 Jul 2017$4.72M$1.72M – $13.0M$6.47M (+37%)before first round–unknownD0%
1 Aug 2017$4.84M$1.76M – $13.3M$6.64M (+37%)before first round–unknownD0%
1 Sep 2017$4.98M$1.81M – $13.7M$6.82M (+37%)before first round–unknownD0%
1 Oct 2017$5.11M$1.86M – $14.0M$7.00M (+37%)before first round–unknownD0%
1 Nov 2017$5.25M$1.91M – $14.4M$7.19M (+37%)before first round–unknownD0%
1 Dec 2017$5.38M$1.96M – $14.8M$7.38M (+37%)before first round–unknownD0%
1 Jan 2018$5.53M$2.01M – $15.2M$7.58M (+37%)before first round–unknownD0%
1 Feb 2018$5.68M$2.07M – $15.6M$7.79M (+37%)before first round–unknownD0%
1 Mar 2018$5.82M$2.12M – $16.0M$7.98M (+37%)before first round–unknownD0%
1 Apr 2018$5.98M$2.18M – $16.4M$8.19M (+37%)before first round–unknownD0%
1 May 2018$6.13M$2.23M – $16.8M$8.41M (+37%)before first round–unknownD0%
1 Jun 2018$6.30M$2.29M – $17.3M$8.64M (+37%)before first round–unknownD0%
1 Jul 2018$6.47M$2.35M – $17.8M$8.87M (+37%)before first round–unknownD0%
1 Aug 2018$6.64M$2.42M – $18.2M$8.95M (+35%)before first round–unknownD0%
1 Sep 2018$6.82M$2.48M – $18.7M$9.04M (+32%)before first round–unknownD0%
1 Oct 2018$7.00M$2.55M – $19.2M$9.12M (+30%)before first round–unknownD0%
1 Nov 2018$7.19M$2.62M – $19.8M$9.20M (+28%)before first round–unknownD0%
1 Dec 2018$464M$305M – $776M$510M (+10%)after a round–unknownB0%
2 Dec 2018$464M$305M – $776M$510M (+10%)after a round–unknownB0%
1 Jan 2019$468M$305M – $776M$510M (+9%)after a round–unknownB0%
1 Feb 2019$471M$305M – $776M$510M (+8%)after a round–unknownB0%
1 Mar 2019$475M$305M – $776M$510M (+7%)after a round–unknownB0%
1 Apr 2019$479M$305M – $776M$510M (+7%)after a round–unknownB0%
1 May 2019$482M$305M – $776M$510M (+6%)after a round–unknownB0%
1 Jun 2019$486M$305M – $776M$510M (+5%)after a round–unknownB0%
1 Jul 2019$490M$305M – $776M$510M (+4%)after a round–unknownB0%
1 Aug 2019$494M$305M – $776M$510M (+3%)after a round–unknownB0%
1 Sep 2019$498M$305M – $776M$510M (+2%)after a round–unknownB0%
1 Oct 2019$502M$305M – $776M$510M (+2%)after a round–unknownB0%
1 Nov 2019$506M$305M – $776M$510M (+1%)after a round–unknownB0%
1 Dec 2019$510M$305M – $776M$510M (0%)after a round–unknownB0%
1 Jan 2020$510M$290M – $776M$510M (0%)after a round–unknownB0%
1 Feb 2020$510M$275M – $776M$510M (0%)after a round–unknownB0%
1 Mar 2020$510M$263M – $776M$510M (0%)after a round–unknownB0%
1 Apr 2020$510M$250M – $776M$510M (0%)after a round–unknownB0%
1 May 2020$510M$238M – $776M$510M (0%)after a round–unknownB0%
1 Jun 2020$510M$226M – $776M$510M (0%)after a round–unknownC0%
1 Jul 2020$510M$215M – $776M$510M (0%)after a round–unknownC0%
1 Aug 2020$510M$204M – $776M$510M (0%)after a round–unknownC0%
1 Sep 2020$510M$194M – $776M$510M (0%)after a round–unknownC0%
1 Oct 2020$510M$185M – $776M$510M (0%)after a round–unknownC0%
1 Nov 2020$510M$176M – $776M$510M (0%)after a round–unknownC0%
1 Dec 2020$510M$167M – $776M$510M (0%)after a round–unknownC0%
1 Jan 2021$510M$159M – $776M$510M (0%)after a round74unknownC0%
1 Feb 2021$510M$151M – $776M$510M (0%)after a round74unknownC0%
1 Mar 2021$510M$144M – $776M$510M (0%)after a round74unknownC0%
1 Apr 2021$510M$137M – $776M$494M (-3%)after a round74flatC0%
1 May 2021$510M$130M – $776M$489M (-4%)after a round74flatC0%
1 Jun 2021$510M$124M – $776M$485M (-5%)after a round74flatC0%
1 Jul 2021$510M$118M – $776M$481M (-6%)after a round74flatC0%
1 Aug 2021$510M$112M – $776M$477M (-6%)after a round74flatC0%
1 Sep 2021$510M$107M – $776M$473M (-7%)after a round74flatC0%
1 Oct 2021$510M$101M – $776M$469M (-8%)after a round74flatD0%
1 Nov 2021$510M$96.4M – $776M$465M (-9%)after a round74flatD0%
1 Dec 2021$510M$91.8M – $776M$464M (-9%)after a round74flatD0%
1 Jan 2022$506M$87.2M – $770M$464M (-8%)after a round74flatD0%
1 Feb 2022$502M$82.9M – $763M$464M (-8%)after a round74flatD0%
1 Mar 2022$510M$196M – $776M$510M (0%)after a round190growingC0%
1 Apr 2022$510M$192M – $776M$510M (0%)after a round190growingC0%
1 May 2022$510M$189M – $776M$510M (0%)after a round190growingC0%
1 Jun 2022$510M$185M – $776M$510M (0%)after a round190growingC0%
1 Jul 2022$510M$182M – $776M$510M (0%)after a round190growingC0%
1 Aug 2022$510M$178M – $776M$510M (0%)after a round190growingC0%
1 Sep 2022$510M$175M – $776M$510M (0%)after a round190growingC0%
21 Sep 2022$2.9B$1.9B – $5.7B$3.7B (+30%)after a round190growingB0%
1 Oct 2022$2.9B$1.9B – $5.7B$3.7B (+29%)after a round190growingB0%
1 Nov 2022$3.0B$1.9B – $5.7B$3.7B (+26%)after a round190unknownB0%
1 Dec 2022$3.0B$1.9B – $5.7B$3.7B (+23%)after a round190unknownB0%
1 Jan 2023$3.1B$1.9B – $5.7B$3.7B (+21%)after a round290growingB0%
1 Feb 2023$3.2B$1.9B – $5.7B$3.7B (+18%)after a round290growingB0%
1 Mar 2023$3.2B$1.9B – $5.7B$3.7B (+16%)after a round290growingB0%
1 Apr 2023$3.3B$1.9B – $5.7B$3.7B (+13%)after a round290growingB0%
1 May 2023$3.4B$1.9B – $5.7B$3.7B (+11%)after a round290growingB0%
1 Jun 2023$3.4B$1.9B – $5.7B$3.7B (+8%)after a round290growingB0%
1 Jul 2023$3.5B$1.9B – $5.7B$3.7B (+6%)after a round290growingB0%
1 Aug 2023$3.6B$1.9B – $5.7B$3.7B (+4%)after a round290growingB0%
1 Sep 2023$3.7B$1.9B – $5.7B$3.7B (+1%)after a round290growingB0%
1 Oct 2023$3.8B$1.9B – $5.8B$3.8B (0%)after a round320flatB0%
1 Nov 2023$3.8B$1.8B – $5.8B$3.8B (0%)after a round320flatB0%
1 Dec 2023$3.8B$1.7B – $5.8B$3.8B (0%)after a round320flatC0%
1 Jan 2024$3.8B$1.7B – $5.8B$3.8B (0%)after a round320flatC0%
1 Feb 2024$3.8B$1.6B – $5.8B$3.8B (0%)after a round310flatC0%
1 Mar 2024$3.8B$1.5B – $5.8B$3.8B (0%)after a round320flatC0%
1 Apr 2024$3.8B$1.4B – $5.8B$3.8B (0%)after a round320flatC0%
1 May 2024$3.8B$1.4B – $5.8B$3.8B (0%)after a round320flatC0%
1 Jun 2024$3.8B$1.3B – $5.8B$3.8B (0%)after a round320flatC0%
1 Jul 2024$3.8B$1.3B – $5.8B$3.8B (0%)after a round320flatC0%
1 Aug 2024$3.8B$1.2B – $5.8B$3.8B (0%)after a round320flatC0%
1 Sep 2024$3.8B$1.1B – $5.8B$3.8B (0%)after a round320flatC0%
1 Oct 2024$3.8B$1.0B – $5.8B$3.8B (0%)after a round320flatC0%
1 Nov 2024$3.6B$978M – $5.7B$3.4B (-4%)after a round310flatC8%
1 Dec 2024$3.6B$931M – $5.7B$3.4B (-5%)after a round310flatC8%
1 Jan 2025$3.2B$879M – $5.6B$2.9B (-11%)after a round300flatC23%
1 Feb 2025$3.2B$835M – $5.6B$2.8B (-12%)after a round300flatC23%
1 Mar 2025$3.2B$798M – $5.6B$2.8B (-13%)after a round300flatC23%
1 Apr 2025$3.2B$758M – $5.6B$2.8B (-14%)after a round300flatD23%
1 May 2025$3.2B$721M – $5.7B$2.8B (-14%)after a round300flatD21%
1 Jun 2025$3.2B$686M – $5.7B$2.8B (-14%)after a round300flatD19%
1 Jul 2025$2.1B$638M – $5.5B$1.5B (-30%)after a round271downD69%
1 Aug 2025$2.1B$607M – $5.5B$1.5B (-31%)after a round271downD69%
1 Sep 2025$1.8B$576M – $5.6B$1.1B (-36%)after a round271downD86%
1 Oct 2025$1.4B$546M – $5.6B$889M (-37%)after a round266downD97%
1 Nov 2025$1.4B$519M – $5.6B$859M (-37%)after a round266downD97%
1 Dec 2025$1.3B$494M – $5.6B$829M (-37%)after a round264downD97%
1 Jan 2026$1.3B$469M – $5.6B$801M (-37%)after a round264downD97%
1 Feb 2026$1.2B$446M – $5.6B$773M (-38%)after a round264downD97%
1 Mar 2026$1.3B$426M – $5.5B$841M (-36%)after a round264downD89%
1 Apr 2026$1.3B$405M – $5.5B$878M (-35%)after a round264downD84%
1 May 2026$1.2B$385M – $5.5B$795M (-36%)after a round263downD89%
1 Jun 2026$1.3B$366M – $5.5B$860M (-34%)after a round263downD82%
6 Jun 2026$604M$397M – $950M$624M (+3%)after a round263downB66%
1 Jul 2026$605M$397M – $950M$614M (+1%)after a round263downB66%
1 Aug 2026$608M$397M – $955M$606M (0%)after a round263flatB60%
1 Sep 2026$610M$397M – $959M$601M (-2%)after a round263flatB56%
1 Oct 2026$617M$400M – $972M$602M (-2%)after a round274flatB51%
24 Oct 2026$620M$400M – $976M$601M (-3%)after a round274flatB47%

Key facts about Innovafeed

Founded
2016
Headquarters
Paris, France
Employees
about 274 +3% in a year
Total raised
$411M
Funding rounds
5
Last round
Growth Equity Jun 2026

Innovafeed was founded in 2016 by Aude Guo, Bastien Oggeri and Clément Ray.

Innovafeed funding history

Innovafeed has 5 funding rounds on record, from Feb 2018 to Jun 2026, $411M in total. None disclosed a valuation.

  1. Growth Equity 5 Jun 2026

    With CREADEV, Qatar Investment Authority, Temasek, FFC Capital, ABC Impact, ADM Capital.

    Sources: innovafeed.com, agfundernews.com, thefishsite.com and 3 more

    $59M

  2. Series D 20 Sep 2022

    Led by Qatar Investment Authority; with CREADEV, Temasek, ADM, Cargill, Future French Champions, ABC Impact, IDIA Capital Investissement, Grow Forward.

    Sources: innovafeed.com, innovafeed.com, goodwinlaw.com and 6 more

    $250M

  3. Debt 20 Sep 2022no round page

    With La Caisse d’Epargne Hauts de France, Groupe Crédit Agricole, BNP Paribas, Arkéa Banque Entreprises et Institutionnels, Société Générale.

    Sources: innovafeed.com, seafoodsource.com

    $38M

  4. Growth Equity 1 Dec 2018

    Led by CREADEV.

    Sources: finsmes.com, innovafeed.com

    $46M

  5. Other 8 Feb 2018no round page

    With Alter Equity, FINOVAM GESTION, Nord Création, Nord France Amorçage, Siparex. Individuals: Emmanuel Butstraen, Jean-Pierre Princen, Olivier Duha, Frédéric Jousset, Matthieu Pélissié Du Rausas, Sébastien Breteau, Marc-Antoine de Longevialle, Benjamin Cardoso, Rodolphe Carle.

    Sources: innovafeed.com

    $18M

Innovafeed investors

21 investors have backed Innovafeed; CREADEV and Qatar Investment Authority led at least one round.

  • Qatar Investment Authority lead, 2 rounds
  • Temasek 2 rounds
  • ADM
  • Arkéa Banque Entreprises et Institutionnels
  • BNP Paribas
  • Cargill
  • Future French Champions
  • Groupe Crédit Agricole
  • Grow Forward
  • La Caisse d’Epargne Hauts de France
  • Nord Création
  • Nord France Amorçage
  • Société Générale

What Innovafeed does

Innovafeed works in animal feed, with 13 recorded offerings and customers in agriculture, animal feed, aquaculture and pet care.

InnovaFeed SAS is a French biotechnology company engaged in the breeding and processing of insects for animal and plant nutrition. The company develops and manufactures insect-based ingredients for use in aquaculture, pet food, livestock feed, oleochemicals, and crop production. Innovafeed operates production facilities in France and the United States, and is certified as a B Corp. The company also participates in value chains for various animal species and collaborates with industry partners to expand its market presence.

Description from Veridion's company data.

Products and services

  • Insect Protein and Oil Production
  • Insect Frass Production
  • Insect Breeding and Processing Technology Development
  • Animal Nutrition Ingredient Manufacturing
  • Aquaculture Protein Ingredient Manufacturing
  • Petfood Ingredient Manufacturing
  • Oleochemical Ingredient Manufacturing
  • Crop Nutrition Ingredient Manufacturing
  • Sustainable Feed Ingredient Solutions
  • Circular Agriculture Value Chain Development
  • Agricultural By-Product Upcycling Solutions
  • Strategic Partnership Development
  • Global Ingredient Distribution

Markets

  • Agriculture
  • Animal Feed
  • Aquaculture
  • Pet Care
  • Oleochemicals

Technology

  • Insect Breeding and Processing Technologies

Certifications

  • B Corp certified

Supply chain

  • Sustainable Sourcing
  • Circular Supply Chains
  • Global Sourcing
  • Supplier Collaboration

Business model

  • Business-to-Business
  • Manufacturing
  • Wholesale

Industry codes (NAICS)

  • 311119 Other Animal Food Manufacturing 100% match

Questions about Innovafeed

What is Innovafeed worth?

Valuation $620M (range $400M to $976M), as of 24 Oct 2026.

Has Innovafeed raised money?

Innovafeed has 5 funding rounds on record, from Feb 2018 to Jun 2026, $411M in total. None disclosed a valuation.

Who has invested in Innovafeed?

CREADEV, Qatar Investment Authority, ABC Impact, Temasek, ADM and ADM Capital, and 15 more. Lead investors include CREADEV and Qatar Investment Authority.

How many people work at Innovafeed?

About 274, up 3% over the last year. Headcount rose from 74 in Jan 2021 to 320 in Oct 2023, then fell to 274 in Sep 2026.

What does Innovafeed do?

Innovafeed works in animal feed, with 13 recorded offerings and customers in agriculture, animal feed, aquaculture and pet care. Its main offerings are insect protein and oil production, insect frass production and insect breeding and processing technology development.

When was Innovafeed founded, and where is it based?

Innovafeed was founded in 2016 and is based in Paris, France. It has about 274 employees, up 3% over the last year.

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