About Millibeter
Millibeter is an Agriculture company based in Antwerp (Belgium) founded in 2012, and was acquired by AgriProtein in December 2018. Insect-based proteins for agri-businesses are produced from food waste. Its chief executive, as recorded, is Johan Jacobs. Millibeter offers products and services including Insect Protein, Waste Processing Service, and Extraction Technology. Its focus areas include Food and Agriculture Tech, Insect Farming Tech, Insects and Insect based Products.
Company details
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.
- Headquarters Antwerp, Belgium
- Stage Acquired
- SectorsAgriculture
- Email••••••••
- Website millibeter.be
- Social Facebook
- Acquired by AgriProtein (Dec 2018)
- Legal Name Millibeter
- Latest Funding Round$88.28K (USD), Grant
Sep 2019
- InvestorsEuropean Union
& 1 more
- Acquired byAgriProtein
(Dec 2018)
Products & Services of Millibeter
Millibeter offers a comprehensive portfolio of products and services, including Insect Protein, Waste Processing Service, and Extraction Technology.
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 Rounds 1
- Last Round Grant — $88,280
- First Round $88,280
(Sep 2019)
- Investors Count 1
All 1 funding rounds of Millibeter with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $88,280 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Millibeter
Millibeter has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and AgriProtein.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Converts waste into animal feeds using insect-based bioconversion technology. | 2008 | agriprotein.com | Guildford, United Kingdom |
Investor details for Millibeter
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- Round participation
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People of Millibeter
1 people are tracked at Millibeter (1 in leadership).
| Name | Role | Group |
|---|---|---|
Johan Jacobs | CEO | Leadership |
Complete people profiles for Millibeter
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Timeline of Millibeter
3 dated milestones of Millibeter across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Millibeter is founded.
- Exit Acquired by AgriProtein.
- Funding First funding round of $88K.
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Related news about Millibeter
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Frequently Asked Questions about Millibeter
Millibeter was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Millibeter is headquartered in Antwerp, Belgium.
Johan Jacobs is the CEO of Millibeter, as recorded in our data.
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.
Millibeter offers Insect Protein, Waste Processing Service, and Extraction Technology.
Millibeter has 2 investors. Key investors include European Union, and AgriProtein.
Millibeter operates through Millibeter.
Yes. Millibeter was acquired by AgriProtein in December 2018.