Livin Farms AgriFood GmbH

Livin Farms AgriFood GmbH specializes in sustainable insect farming, focusing on the cultivation of Black Soldier Fly larvae for protein production, transforming agricultural waste into valuable resources for diverse clients. Founded in 2015 and headquartered in Vienna, Austria, Livin Farms AgriFood GmbH operates in the insect farming sector, providing innovative solutions for protein production. The company has successfully completed 5 deals, with its most recent funding round occurring on September 27, 2022, when it raised EUR 6 million in a Series A round. The founder's prior experience in the industry is not specified.

Livin Farms specializes in insect farming solutions, primarily focusing on the cultivation of Black Soldier Fly larvae (BSFL) for protein production. The company provides a comprehensive suite of services, including bio feasibility assessments, engineering support, and the delivery of high-quality neonate BSFL, branded as Seedlings™. Their modular, scalable insect farming systems cater to a range of clients, including agricultural corporations and independent farmers, across multiple European markets such as Spain and Germany. Livin Farms' innovative approach transforms agricultural waste into high-value protein, addressing pressing concerns related to food security and sustainability.

Their products are deployed in various sectors, including animal feed and organic waste management, effectively serving a diverse clientele engaged in eco-friendly practices. Livin Farms operates on a B2B model, primarily engaging with agricultural sectors and businesses looking to incorporate insect protein into their supply chains. Revenue generation is structured around the sale of their modular insect farming facilities, engineering services, and recurring orders for Seedlings™. Clients typically enter into contractual agreements that may involve upfront payments for the construction and setup of insect farms, along with ongoing fees for Seedlings™ deliveries and technical support.

The company targets agricultural corporations and farms that aim to optimize their waste management and protein sourcing. By offering a turn-key solution for insect farming, Livin Farms positions itself as a leader in sustainable agriculture, catering to clients focused on innovation and environmental responsibility. In September 2022, Livin Farms AgriFood GmbH raised EUR 6 million in Series A funding, led by an individual investor. The company plans to utilize this funding to expand its business and workforce, as well as to scale its product service offerings.

Future growth strategies include potential new product launches and exploring opportunities in additional European markets to enhance its geographic presence. Specific timing for new product releases and market expansions has not been detailed.