About Millibeter
Millibeter is a company based in Antwerp (Belgium) founded in 2012 was acquired by AgriProtein in December 2018.. Millibeter offers products and services including Insect Protein, Waste Processing Service, and Extraction Technology.
- Headquarter Antwerp, Belgium
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Millibeter
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$88.28 K (USD), Grant
Sep 01, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
AgriProtein
(Dec 03, 2018)
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Products & Services of Millibeter
Millibeter offers a comprehensive portfolio of products and services, including Insect Protein, Waste Processing Service, and Extraction Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Extracted protein from insects for animal feed and industrial use
Converts organic waste into fats and chitin resources
Processes insect-derived materials for sustainable applications
Funding Insights of Millibeter
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $88,280
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First Round
First Round
(01 Sep 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Grant - Millibeter | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Millibeter
Millibeter has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and AgriProtein. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Converts waste into animal feeds using insect-based bioconversion technology.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Millibeter
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Millibeter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Millibeter Comparisons
Competitors of Millibeter
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Millibeter
Frequently Asked Questions about Millibeter
When was Millibeter founded?
Millibeter was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Where is Millibeter located?
Millibeter is headquartered in Antwerp, Belgium.
Who is the current CEO of Millibeter?
Johan Jacobs is the current CEO of Millibeter.
What does Millibeter do?
Founded in 2012 and based in Antwerp, Belgium, insect-based proteins are developed for the agri-business sector. Black soldier flies are bred on food waste, which is processed into chitin, pure fat, and protein-rich meal. Chitin is applied in nitrogen-fixing fertilizers to support plant growth. Operations emphasize waste conversion into functional agricultural materials.
What products or services does Millibeter offer?
Millibeter offers Insect Protein, Waste Processing Service, and Extraction Technology.
Who are Millibeter's investors?
Millibeter has 2 investors. Key investors include European Union, and AgriProtein.