BioFlyTech

What BioFlyTech does

BioFlyTech is a privately held Spanish biotechnology company founded in 2012 as a spin-off of the University of Alicante and majority-owned since 2018 by private equity firm Moira Capital Partners. The company specializes in the artificial breeding and intensive industrial production of black soldier fly (Hermetia illucens) larvae, converting them into four downstream products: high-digestibility protein meals (Harinas Proteicas) with an amino-acid profile similar to fishmeal, functional fats (Grasas Funcionales) rich in lauric, oleic, and palmitic acids, dried whole larvae (Larva Seca) for poultry, and a 100% biological-origin enriched compost (Compost Enriquecido). Core technical differentiation rests on a proprietary gas-extraction rendering technology that supports tailor-made protein/fat ratios per customer, year-round continuous egg production (180-350 kg/month hatchery output), standardized feed formulations for consistent batch quality, and vertical integration from proprietary egg stock through processing.

The business operates on a B2B direct-sales model, selling ingredient volumes to feed manufacturers and producers in pet food, aquaculture (salmon, sea bass, dorada), poultry, swine, and cosmetics/pharmaceuticals. Commercial reach spans six European countries (Spain, Italy, France, Germany, Norway, Portugal) and the company pursues leads through industry trade shows (Interzoo, NutriForum, Iberzoo, Figan, Aquaculture Europe, Zoomark), scientific events (EUCHIS, DIVERSiFY4Future), and PR in specialized trade media. Pricing is quote-based and not publicly disclosed.

The company operates two production facilities: the Fuente Álamo plant in Murcia (4,000 tonnes/year of fresh larvae and one of the world's largest BSF hatcheries) and the larger Palas de Rei plant in Galicia (7,500 m² industrial footprint, phase-1 capacity 12,000 tonnes/year, expandable to 62,000 tonnes in phase 2 and 100,000 tonnes long-term), with a planned €100 million expansion. Recent cumulative funding disclosed totals at least €26 million (€22M raise in 2023 plus €4M in 2024) plus an undisclosed Moira Capital recapitalization in 2018. The CEO has publicly targeted €15 million in revenue from the Palas de Rei plant in 2025, and the Galician government has declared the plant expansion a Strategic Industrial Project.

Name

BioFlyTech

Legal name

Bioflytech

Website

https://bioflytech.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

BioFlyTech is a Spanish biotech company that industrially breeds black soldier fly larvae to produce protein meals, functional fats, dried larvae, and enriched compost for B2B customers in European pet food, aquaculture, poultry, swine, and cosmetics industries.

Ownership category

akta.pro rank

Product category

Insect Protein Ingredients

NAICS

Poultry Processing (311615)

akta.pro primary industry

Insect-Based Protein Foods Manufacturing (AFAKAGAJ)

Keywords

• Insect protein production
• Animal feed ingredients
• Black soldier fly larvae
• Sustainable protein meals
• Circular economy bioconversion

Headquarters

HQ city

Alicante

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Protein Meals (Harinas Proteicas): High-protein meals produced from defatted black soldier fly larvae for pet food, aquaculture, poultry, and fur animal industries
2. Functional Fats (Grasas Funcionales): High-value fats extracted from larvae without chemical agents or solvents, containing lauric, oleic and palmitic acids, used in animal feed, pharmaceuticals, cosmetics, and biodiesel
3. Dried Larvae: Nearly completely dried fresh larvae with high digestibility protein, used as dietary supplement for laying hens and broiler chickens
4. Enriched Compost: 100% biological origin fertilizer obtained from biodigestion of plant material during larval growth process, high in nitrogen, phosphorus, potassium and essential nutrients

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

BioFlyTech breeds and intensively produces black soldier fly (Hermetia illucens) larvae on an industrial scale, converting them into protein meals, functional fats, dried larvae, and enriched compost for animal feed industries. The company operates a vertically integrated process from egg production through larval rearing to rendering and processing, serving pet food, aquaculture, poultry, and swine manufacturers.

Product overview

BioFlyTech is a biotech company producing sustainable insect-based ingredients for animal feed. Its core product portfolio consists of four derived products from black soldier fly (Hermetia illucens) larvae: Larva Seca (dried larvae), Harinas Proteicas (protein meals), Grasas Funcionales (functional fats), and Compost Enriquecido (enriched compost). The company operates on circular economy principles, using organic by-products as feed for larvae and producing high-value nutritional ingredients for the pet food, aquaculture, poultry, and pork industries. Production facilities are located in Fuente Álamo, Murcia (hatchery and fresh larvae production) and Palas de Rei, Galicia (rendering and processing).

Differentiator

Problem solved

Functional benefit

Brands

• Alfaprogal: Alternative Fats and Proteins of Galicia (Alfaprogal) — the Galician subsidiary of Bioflytech operating the Palas de Rei plant for production of larva meal, fats, and compost from black soldier fly.

Products and services

• Harinas Proteicas (Protein Meals) High-protein flour obtained from defatted black soldier fly larvae, with elevated protein content, high digestibility, and a balanced amino acid profile similar to fishmeal. Targeted at pet food, aquaculture, and poultry industries.
• Grasas Funcionales (Functional Fats) High-value fat extracted from black soldier fly larvae without chemical agents or solvents, containing elevated levels of lauric acid, oleic acid, and palmitic acid. Indicated for improving intestinal health in farm animals and pets.
• Larva Seca (Dried Larvae) Dried black soldier fly (Hermetia illucens) larvae with high-digestibility protein and complete nutritional components for birds, fish, and other animals. Designed as a functional supplement for laying hens and broiler chickens.
• Compost Enriquecido (Enriched Compost) 100% biological origin organic fertilizer obtained from biodigestion of plant material during the black soldier fly larvae rearing process. Improves soil structure and provides nitrogen, phosphorus, and potassium.

Quantifiable outcome

• 12,000 tonnes/year production capacity in Phase 1, expandable to 100,000 tonnes/year
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• DIVERSiFY4Future ConsortiumcoreStrategic or Co-development Partner · 11 June 2026European Horizon Europe funded project with 34 organizations from 14 countries developing new functional ingredients with lower environmental footprint for European aquaculture. Bioflytech provides insect-based ingredients for fish feed trials.
• LAZTEO Project PartnersminorStrategic or Co-development Partner · 1 January 2024Partners in smart farming project for Galician dairy industry including Cooperativa Agraria Provincial de A Coruña (Bico de Xeado), Porto-Muiños, Innogando, Elmega, Alfaprogal, Cartogalicia, Medrar Smart Solutions, AGACA, CIAM, Universidade de Santiago de Compostela, Clusaga, Biome Markers
• FAO (Food and Agriculture Organization)coreStrategic or Co-development PartnerUN FAO backs the DIVERSiFY4Future project, aligning with EU Green Deal, Farm to Fork Strategy, and Sustainable Development Goals.
• Alfaprogal (Alternative Fats and Proteins of Galicia S.L.U.)coreStrategic or Co-development PartnerGalician subsidiary of Bioflytech operating the Palas de Rei plant. Led by Bioflytech, participating in LAZTEO project. Listed as one of six new biotech enterprise projects in Galicia 2023 according to Asebio report.

Scale indicators11 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• InnovaFeed: French industrial black soldier fly protein producer for aquaculture and pet food. Most direct competitor to BioFlyTech in European BSF feed protein, with overlapping customer base (aquaculture, pet food) and comparable technology focus.
• Protix: Dutch BSF larvae producer for animal feed and pet food. Comparable product portfolio (protein meals, lipids) and similar B2B sales model targeting European feed manufacturers. One of the most well-capitalized players in European insect protein.
• Ÿnsect: French insect protein producer (focused on mealworm rather than BSF) for feed and food applications. Comparable insect-based ingredient business model and European market focus, though different insect species.
• AgriProtein: South Africa-headquartered BSF-based protein and oil producer for animal feed and pet food. Direct competitor in the same insect protein category with similar downstream applications, though primarily serving different geographies.
• EnviroFlight: US-based black soldier fly protein producer for animal feed and aquafeed. Comparable BSF production technology and B2B ingredient model, serving North American markets rather than Europe.
• Nutrition Technologies: Singapore-based BSF producer for animal feed and aquaculture. Comparable insect protein product portfolio targeting Asia-Pacific feed markets; directly competes with BioFlyTech in the BSF protein ingredient category.

Emerging players

• Entofood: Malaysian BSF producer focused on animal feed protein. Smaller-scale competitor in the same BSF protein category with regional focus on Southeast Asian feed markets.
• Entomo Farms: Canadian mealworm producer for human food and pet food applications. Overlapping insect protein business model and B2B ingredient focus, though different insect species and more food-oriented than BioFlyTech.

Others

• Bühler Group: Swiss industrial equipment and process technology provider with insect processing capabilities for BSF producers. Comparable ecosystem participant serving the same insect protein industry through processing equipment rather than ingredient production.

Broad incumbents

• Skretting (Nutreco): Global aquaculture feed manufacturer and a potential major customer for BioFlyTech's BSF protein meals. Represents the demand side of BioFlyTech's aquaculture segment and a key partner/competitor dynamic in insect-based aquafeed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/bioflytech
• Facebookfacebook.com/bioflytech
• LinkedInlinkedin.com/company/bioflytech
• Xx.com/bioflytech

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BioFlyTech