Take that Bill Gates and WEF: Ÿnsect—Europe’s largest insect farm—has officially gone bankrupt after raising over $600 million in public and private funding, including nearly €200 million in taxpayer money from French and EU sources.

The French mealworm producer, once hailed as a sustainable protein pioneer for animal feed and pet food, entered judicial liquidation in December 2025 amid soaring costs, dismal revenue (just €656K in 2023 vs. €80M losses), and market rejection—proving industrial-scale bug farming isn’t ready for prime time despite massive subsidies.

Image of their sprawling facility: Blue trays stacked high with feed, now silent symbols of a $600M flop.

Is this the death knell for forced “alternative” proteins… or just a hiccup? Taxpayers footing the bill—fair or fiasco?

Camus

@newstart_2024