Thunder Foods

Alternative and more sustainable sources of protein for humans.

Investment overview

Impact category

Agrifood Systems

Investment type

Loan

Yearly interest

Term

months

Risk level

What will you be financing?

Thunder Foods Lda. is a company that produces insect protein (Tenebrio Molitor) to incorporate into human food products.

Over the past few years, the company has invested in a Research & Development process to master the life cycle of this insect. Now they seek to move their developed knowledge to an industrial production stage.

This campaign will allow financing the development of several R&D projects that the company has in progress, namely the InFishMix and the Embalagem do Futuro (Packaging of the Future) projects. This way, Thunder Foods will advance towards the engineering and industrialization of its production process.

It is urgent to find new and more sustainable alternative protein sources. One possible solution includes insects; scalability will be key in this process. Today's great challenge for companies in this sector is to develop industrialization processes to mimic nature and natural cycles. The production of insect protein is more sustainable than traditional alternatives, taking up far less space and using far fewer resources to produce the same amount of protein.

Thunder Foods' Unit is located in Santarém, the centre of agri-food production in Portugal.

Thunder Foods wants to answer two major challenges:

the need to find alternative and more sustainable solutions for animal and human nutrition
the need to find sustainable solutions for soil remediation and plant nutrition.

Solutions to these challenges must not only be more environmentally sustainable but must also be of sufficient scale to have a real impact as opposed to niche solutions. Thunder Foods aims to be such a solution, using Tenebrio Molitor as a tool, becoming an insect protein and fertilizer production company working on an industrial scale. The co-funding from the Goparity investor community will contribute to the engineering process, and move the company from a pre-industrial scale to an industrial scale.

What is the impact?

Direct

Promotion of innovation, research and industrialization: the investment in research in the development of innovative solutions for cleaner and more sustainable agriculture and animal feed. With two ongoing grant projects called InFishMix and Embalagem do Futuro (Packaging of the Future, translated from the Portuguese), Thunderfoods will strengthen its innovation resources and industrialization capacities.
Promoting the innovative sector economy: Thunderfood’s R&D collaborates with other companies in the insect sector and from other areas, to highlight Portugal in the industry of using insects as a scalable sustainable solution.

Indirect

Contribution to more sustainable animal feed: protein concentrate and insect oil are products used in animal feed (so far in aquaculture and pet food), which allows the feed to be sustainable, due to the process of obtaining the products with a much lower carbon footprint than traditional solutions for obtaining protein.
Contribution to sustainable plant fertilisation: the organic fertiliser produced by Thunderfoods, due to its process of obtaining it from waste and using insects, is biological and can be used in productions with this certification. This process presents a much smaller carbon footprint than the solutions for obtaining traditional fertilisers. It also contributes to the reduction of the use of chemical fertilisers that are potentially harmful to human health.

Impact indicators
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CO2 avoided per year

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

THUNDER FOODS, LDA

Direct

Promotion of innovation, research and industrialization: the investment in research in the development of innovative solutions for cleaner and more sustainable agriculture and animal feed. With two ongoing grant projects called InFishMix and Embalagem do Futuro (Packaging of the Future, translated from the Portuguese), Thunderfoods will strengthen its innovation resources and industrialization capacities.
Promoting the innovative sector economy: Thunderfood’s R&D collaborates with other companies in the insect sector and from other areas, to highlight Portugal in the industry of using insects as a scalable sustainable solution.

Indirect

Contribution to more sustainable animal feed: protein concentrate and insect oil are products used in animal feed (so far in aquaculture and pet food), which allows the feed to be sustainable, due to the process of obtaining the products with a much lower carbon footprint than traditional solutions for obtaining protein.
Contribution to sustainable plant fertilisation: the organic fertiliser produced by Thunderfoods, due to its process of obtaining it from waste and using insects, is biological and can be used in productions with this certification. This process presents a much smaller carbon footprint than the solutions for obtaining traditional fertilisers. It also contributes to the reduction of the use of chemical fertilisers that are potentially harmful to human health.

Promoter website

www.thunderfoods.pt

Team
‍

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Business Model
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