# Nasekomo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nasekomo

- Industry: Biotechnology
- Headquarters: Sofia, Bulgaria
- Website: www.nasekomo.life
- Total disclosed funding: $13M
- Latest round: Series A (Jan 11, 2024)
- Investors on record: 3

## About

Based in Sofia, Bulgaria, and founded in 2017, Nasekomo operates as a biotechnology company. The company was founded by its CEO, Xavier Marcenac, Olga Marcenac, and Marc Bolard. In January 2024, Nasekomo raised EUR 8 million in Series A funding led by Invenio Partners.

Nasekomo commercializes insect farming technology that leverages AI-assisted technologies to produce proteins for aquafarming. The company uses Black Soldier Fly to produce protein, oil, and fertilizer for farming applications. The firm’s product line includes Whole Dried Larvae, Defatted Protein Meal, Insect Oil, Organic Certified Insect Fertilizer, and Black Soldier Fly Eggs.



The company plans to use the funds raised in January 2024 to build a network of insect bioconversion factories throughout Europe via a franchise model.

## Funding rounds

- Series A, Jan 11, 2024, $8.8M — Invenio Partners
- Seed, Jul 2, 2020, $4.5M — New Vision 3, Morningside Hill Capital Management

## Investors

- New Vision 3 (https://capitalatlas.ai/funds/new-vision-3) — Seed
- Morningside Hill Capital Management (https://capitalatlas.ai/funds/morningside-hill-capital-management) — Seed
- Invenio Partners (https://capitalatlas.ai/funds/invenio-partners) — Series A