European Investment Bank support for Protix

The European Investment Bank (EIB) has committed to supporting Protix in the expansion of its sustainable protein production. Protix is a Dutch producer of sustainable protein used for animal feed and pet food. The signing of the loan agreement marks a significant milestone, providing Protix with up to 37 mio euros in additional funds for its international roll-out.

This agreement is in line with the Invest EU objective of Sustainable Bioeconomy and Circular Economy and was made possible with the support of the Invest EU programme, which aims to trigger more than 372 bn euros in additional investment in the European Union over the period 2021-27.

“This financing is supported by the Invest EU programme and will enable the company to expand its activities and to apply its technologies, which contribute to the sustainable development of solutions within the bioeconomy sector,” said EIB vice-president Teresa Czerwińska.

“This support reinforces the fact that our industry is not just here to stay but is poised for significant growth. Following our expansion to the United States and now our ability to do the same in Poland, we are excited to accelerate our mission to bring the food system back in balance with nature,” comments Protix CFO Lynn De Proft.