Alf-Helge Aarskog, the former CEO of the world's largest salmon company Mowi, is joining the board of investors at insect-based aquafeed ingredients producer InnovaFeed.

France-based InnovaFeed is a global biotech company and insect producer for animal and plant nutrition.

In 2018, the fledgling company secured €40 million ($45.5 million) of financing from a new group of international investors led by French private equity company Creadev.