INSECTFLUX

E-marketplace for insect farming and organic waste sectors

Description

INSECTFLUX is an e-marketplace that connects companies that generate organic products and waste with the insect sector, aiming to digitize and foster the parallel development of codependent industries. The solution encourages the use of organic products and wastes as insect feed through the production of insect protein and rich organic fertilizer (frass). Insectflux is also a marketplace for the trade of insect-based products and organic products used as insect feed, as well as industrial services and equipment.

Technology

  • E-commerce/online marketplace

Insectflux e-marketplace serves as a hub supporting the development of partnerships between organic waste producers and insect farms.

Target

  • Smallholder farmers
  • Medium size farms
  • Large size farms
  • Private sector
  • Agriculture cooperatives

The main users of the InsectFlux marketplace are organic waste producers, such as food manufacturers, restaurants and agricultural businesses, and insect farms that process such waste for the creation of insect-based products.

Business model

  • Freemium
  • Subscription
  • Advertising
  • Data monetization

The cost of access to the marketplace is unknown.

Impact

The e-marketplace aims to reduce food waste by repurposing organic waste as insect feed.

Partners

North American Coalition of Insect Agriculture (NACIA), Table Filière des Insectes Comestibles (TFIC), Association of Insect Breeders and Processors of Quebec (AÉTIQ), Osler Emerging & High Growth Companies

Four Betters

  • Better environment
  • Better production

Sustainable Development Goals

  • SDG 2: Zero hunger
  • SDG 17: Partnerships for the goals
  • SDG 13: Climate action
  • SDG 12: Responsible consumption and production
  • SDG 11: Sustainable cities and communities
  • SDG 9: Industry, innovation, and infrastructure
  • SDG 1: No poverty
  • SDG 8: Decent work and economic growth
For detailed description of each attribute and parameter, check the AgriTech Observatory Taxonomy >

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Source: FAO AgriTech Observatory

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Source: FAO AgriTech Observatory

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