Ÿnsect declared bankrupt, seeks buyer for insect farming business: 'Want to continue our mission'
5 dec. 2025
09:50
After entering insolvency proceedings in February, French insect farming startup Ÿnsect is officially bankrupt and now seeks to sell its assets to the highest bidder.
A French court ruled this week that Ÿnsect be placed in judicial liquidation. In plain English, the company is bankrupt. And now it's looking for a buyer for its insect farming tech – calling for “the acquisition of assets to continue its mission,” according to a press statement.
Founded in 2011, the Ÿnsect raised over $600 m from investors including Astanor Ventures, BPI France and the European Institute of Technology (EIT) to grow mealworms (a type of insect larva) and turn them into animal feed, pet food, and fertiliser.