Robert Downey Jr.-backed insect protein company Ynsect has managed to raise a significant amount of money since its foundation in 2011, putting it in the pole position for supplying what could be a significant source of alternative protein for aquaculture feed.

To date, the company has raised more than $500 million (€456 million) from investment funds, banks and public institutions.

This amount is as much as all other insect meal producers combined, Ynsect CEO Antoine Hubert told IntraFish.