Funding round
Innovafeed Series D
Innovafeed, which works in insect protein and oil production in Paris, raised $250M in a Series D round announced on 20 Sep 2022, led by Qatar Investment Authority. 9 firms took part, 2 of them already investors. It is Innovafeed's second venture round on record; the one before was a Growth in Dec 2018.
$250M
Amount raised
Not disclosed
Post-money valuation
9
Investors
1 lead
Valuation
What this round says about the price
Innovafeed did not disclose a valuation in this round. It came 45 months after Innovafeed's Growth. It is 70% of the $355M Innovafeed has raised in the venture rounds on record. Innovafeed raised again 45 months later: a Growth round of $59M in Jun 2026.
Innovafeed's funding rounds
Innovafeed has 3 venture rounds on record and 2 other deals. This one is highlighted.
Investors
Who put money in
Qatar Investment Authority led the round with 8 other firms. CREADEV and Temasek had backed Innovafeed before.
Lead investor
- Qatar Investment Authority backs 71 venture-backed companies new investor
Also in the round
- backs 22 venture-backed companies existing investor
- Temasek backs 195 venture-backed companies existing investor
- ADM new investor
- Cargill new investor
- Future French Champions new investor
- backs 8 venture-backed companies new investor
- backs 5 venture-backed companies new investor
- Grow Forward new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion and scaling operations.
- Product development
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
The closest in time: 1 in Animal Feed, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Animal Feed | 17 Apr 2023 | $175M | not disclosed | not named |
| Pie Insurance Insurance - Agents, Carriers & Brokers | 1 Sep 2022 | $315M | not disclosed | Centerbridge Partners and Allianz X |
| Satispay Payment Processing & Point of Sale | 28 Sep 2022 | $307M | $960M | Addition |
| Verkada Alarms, Surveillance & Security Systems | 14 Sep 2022 | $205M | $3.20B | Linse Capital |
| Pharmaceutical Products | 13 Sep 2022 | $160M | not disclosed | Viking Global and Sofinnova Partners |
| Dairy Products - Farms & Stores | 12 Sep 2022 | $108M | $615M | Venturi and Temasek |
| Tech Companies | 28 Sep 2022 | $96M | not disclosed | Energize Capital and BridgeBank |
| Tech Companies | 1 Sep 2022 | $88M | not disclosed | not named |
Sources
Where this comes from
Reported by 9 sources.
Questions
Frequently asked
How much did Innovafeed raise in its Series D round?
Innovafeed raised $250M in its Series D round, announced in Sep 2022.
Who led Innovafeed's Series D round?
Qatar Investment Authority led it, with CREADEV, Temasek, ADM, Cargill and Future French Champions and 3 more.
What was Innovafeed's valuation at the Series D round?
It was not disclosed.
Did Innovafeed raise again after this round?
Yes: a Growth round in Jun 2026 of $59M.