Last month, French insect farming startup Ÿnsect entered judicial liquidation,
marking the end of a company that raised over $600 million despite its
ambitions to build insect-based protein at an industrial scale.
The
collapse follows years of financial struggles, including an inability
to secure sufficient funding, persistent revenue shortfalls and high
capital costs associated with its large-scale production facility,
YnFarm.
The company, once highlighted by actor Robert Downey Jr.
during the 2021 Super Bowl, failed to establish a viable economic model
across its target markets of animal feed and pet food.
The trend
towards insect-based foods is linked to the UN’s Agenda 2030
Sustainable Development Goals (“SDGs”), promoting sustainability and
forced behavioural modifications. They claim the aim is to provide
alternative sources of protein to humans and animals’ natural foods,
such as beef.
However, as Dr. Meryl Nass pointed out some time
ago, “Just because it is protein doesn’t mean it’s good for us.” And we
would add, it’s not good for our pets and farm animals either.
Nass
cited parasites that could be spread by insects, difficulties in
digesting insects, and common allergies to chitin, commonly found on the
exoskeleton of insects.
She suggested that one reason behind
the shift to insects as food is “to cause emotional harm: to degrade,
debase, downgrade human beings” and that beef is “being demonised,”
potentially to “weaken the species.”...<<<Read More>>>....
