What Hexafly does

Hexafly is an Irish insect-farming company founded in 2016 and headquartered in Kells, Ireland. The company operates a biological production system based on black soldier fly larvae (BSFL), which it converts into two principal product lines: organic fertilizer derived from frass (insect manure) and protein-rich animal feed for the aquaculture and livestock sectors. The underlying technology is a circular-economy model that takes organic waste streams as feedstock and transforms them into higher-value agricultural inputs, allowing Hexafly to address sustainability and protein-supply pain points in adjacent downstream markets.

The company's revenue model is built on the sale of physical products (fertilizer and animal feed), classified in the source data as hardware/product sales. Pricing is not publicly disclosed, and no customer logos, offtake agreements, or recurring-revenue mechanics are available in the input. Hexafly's go-to-market is horizontal, targeting both the agriculture and aquaculture industries as a single primary segment. The company has not disclosed any digital products, software, or data offerings. Over its operating history, Hexafly has relied on a syndicate of specialist agritech and biotech investors — most notably SOSV (including its RebelBio program), HBAN, Enterprise Ireland, Cedas Foundation, and The Yield Lab Europe — to fund the build-out of its biological production capacity.

As of the most recent data points, Hexafly's operating status is ambiguous in commercial terms. The company's website (hexafly.co) is parked on GoDaddy and presents no active product information, and the company is engaged in an ongoing High Court legal dispute with Forsage Holdings, a former financial backer, over obligations arising from a capital restructuring. No management expansion, new product launches, or geographic expansions are documented in the available sources. Leadership consists of co-founder and CEO Alvan Hunt and Chief Scientific Officer Laura Ellen Healy, with headcount reported in the 11–50 range.

Name

Hexafly

Website

https://hexafly.co

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Hexafly is an Irish insect-farming company founded in 2016 that uses black soldier fly larvae to produce organic fertilizer and protein-rich animal feed for the agriculture and aquaculture industries.

Ownership category

akta.pro rank

Product category

Insect-based animal feed and organic fertilizer

akta.pro primary industry

Insect Farming (Crickets, Mealworms, Black Soldier Fly) (AFAEAIAI)

akta.pro secondary industries

Insect-Based Protein Foods Manufacturing (AFAKAGAJ), Insect Protein Ingredients (Cricket, Black Soldier Fly, Mealworm) (AFAJAHAG)

Keywords

• Insect farming
• Black soldier fly larvae
• Organic fertilizer production
• Insect protein feed
• Circular economy agriculture

Headquarters

HQ city

Kells

HQ country

Ireland

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fertilizer production: Production of organic fertilizer derived from black soldier fly larvae processing and frass (insect manure).
2. Animal feed production: Production of animal feed products derived from black soldier fly larvae biomass for aquaculture and livestock feed applications.

Core offering

Hexafly operates industrial-scale insect farming using black soldier fly larvae to produce two physical products: organic fertilizer derived from insect frass (manure), and protein-rich animal feed derived from larvae biomass. The process applies a circular-economy, waste-to-value approach, converting organic waste into sustainable fertilizer inputs for agriculture and protein feed for aquaculture and livestock applications.

Product overview

Hexafly is an insect farming company that specializes in using black soldier fly larvae to produce fertilizer and animal feed. The company's domain (hexafly.co) currently displays a parked page with no active product or service information available.

Differentiator

Problem solved

Functional benefit

Products and services

• Organic Fertilizer (BSFL frass-based) Organic fertilizer produced from black soldier fly larvae frass (insect manure), supplied to agriculture industry buyers as a sustainable alternative to conventional fertilizer inputs.
• Insect-based Animal Feed (BSFL biomass) Protein-rich animal feed derived from black soldier fly larvae biomass, supplied to aquaculture and livestock feed applications as a sustainable alternative to fishmeal and soy-based feed inputs.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves12 records

Expansion highlights3 records

Direct peers

• Ÿnsect: Ÿnsect is a French BSFL (Tenebrio molitor and Hermetia illucens) producer producing premium insect protein for aquaculture, pet food, and fertilizers. It is the most directly comparable competitor to Hexafly in terms of insect species, product mix (feed + fertilizer), and European market focus.
• Innovafeed: Innovafeed is a French insect farming company using BSFL to produce protein for aquaculture feed and organic fertilizer. It is one of Hexafly's closest competitors, with similar circular-economy positioning and major offtake partnerships in the EU.
• Protix: Protix is a Dutch BSBL insect protein producer supplying feed for aquaculture and pet food, plus organic frass fertilizer. Directly comparable to Hexafly in product, species, and European sustainability-driven business model.
• AgriProtein (Insectta): AgriProtein (now part of Insectta group) pioneered commercial BSFL insect farming for animal feed and fertilizer from organic waste. Directly comparable to Hexafly in BSFL circular-economy business model.
• Nutrition Technologies: Nutrition Technologies is a Malaysia-based BSFL insect protein producer targeting aquaculture and animal feed with biofertilizer co-products. Comparable to Hexafly in technology, product mix, and circular-economy positioning, though focused on Asia-Pacific markets.
• Entocycle: Entocycle is a UK-based BSFL insect farming company producing animal feed protein and organic fertilizer. Closely comparable to Hexafly in species, geography (UK/Ireland), and product mix.
• Bioflytech: Bioflytech is a Spanish BSFL producer supplying protein meal and frass fertilizer for aquaculture, livestock, and agriculture. Directly comparable to Hexafly in core product offering and European market focus.

Regional players

• Entofood: Entofood is a Malaysian BSFL insect protein producer focused on Asian aquaculture and animal feed markets. Comparable to Hexafly in technology and product mix, though operating in a different geography.

Others

• Bühler Group: Bühler is a Swiss industrial equipment manufacturer that supplies insect processing technology and has partnered with insect protein producers. It is an enabling technology provider in the same value chain as Hexafly rather than a direct competitor.

Emerging players

• Loopworm: Loopworm is an India-based BSFL producer focused on aquaculture and pet food protein. Comparable to Hexafly in technology and product focus, though at an earlier commercial stage and operating in Asia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/hexaflybiotech

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds11 records

Investors6 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 Hexafly