Fly Protein

Fly Protein

Entrepreneurs

Emeka Daniel Umechukwu

Emeka Daniel Umechukwu

Founder

He obtained a B.Sc. Accounting from the University of Abuja, Gwagwalada, Nigeria. I am an Entrepreneur, in 2023, we set up FLY PROTEIN to be able to treat the biological waste in my community in Kaduna. It had so much fruit waste, like oranges and watermelon. So we got training on BSFL farming, and we started.
Chidi Umeh

Chidi Umeh

Co-Founder

He obtained a B. sc in physiology from the University of Ibadan, Nigeria. And years of experience as a soya oil processor, catfish, and BSFL farmer.
$ 0 K

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Idea

Fly Protein is an innovative Nigerian agritech company transforming organic waste into sustainable, high-quality insect protein. Founded by Emeka Daniel Umechukwu, an insect farmer and circular economy advocate, the company produces Black Soldier Fly Larvae (BSFL) protein as an eco-friendly and cost-effective alternative to fishmeal and soymeal. By converting biowaste into nutrient-rich protein and organic fertilizer, Fly Protein tackles food insecurity, pollution, and high feed costs—creating a scalable, climate-smart solution for the aquaculture, livestock, and pet food industries.

Challenge

Global food production is under immense pressure as the population races toward 10 billion by 2050. Traditional protein sources like fishmeal and soymeal are unsustainable—wild fish stocks are depleting, while soy cultivation drives deforestation and consumes vast land and water resources. Simultaneously, millions of tons of food, brewery grains, and animal manure end up in landfills, releasing methane—a greenhouse gas over 25 times more potent than CO₂. These challenges create a dual crisis: an escalating protein shortage and a worsening biowaste problem that threatens global food systems and the environment.

Solution

Fly Protein provides a sustainable alternative by using Black Soldier Fly Larvae (BSFL) to upcycle organic waste into high-protein feed ingredients and natural fertilizer. Through a proprietary process, the company produces BSFL protein concentrate (65–75% crude protein), BSFL oil, and frass fertilizer—delivering a complete circular economy model. The result is a renewable, locally sourced protein that replaces fishmeal and soymeal in aquafeed, livestock, and pet food, while significantly cutting methane emissions, conserving land and water, and supporting local farmers with affordable, nutrient-rich feed options.


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Fly Protein's News (1)

Fly Protein and FasterCapital Join to Scale BSFL Insect Protein for Aquafeed
14 Oct 2025

Fly Protein and FasterCapital Join to Scale BSFL Insect Protein for Aquafeed

Lagos, Nigeria & Dubai, UAE - Oct 14, 2025 

Fly Protein and FasterCapital announce a strategic partnership through the Equitypilot program to accelerate commercial deployment of black soldier fly larvae (BSFL) based protein solutions across Nigeria, West Africa and global aquafeed markets by combining technical scale-up, market access and funding support.

Market opportunity & problem statement

Global demand for sustainable protein is surging as aquaculture and livestock industries face rising fishmeal and soybean costs and limited wild fish captures. The BSFL market is projected to grow rapidly (30.5% CAGR to 2033), yet biowaste streams remain underutilized and polluting. FLY PROTEIN addresses twin pain points: expensive feed ingredients and environmental biowaste management, opening white space in circular‑economy feed ingredients and organic fertilizer markets.

Startup solution & differentiation

FLY PROTEIN converts agricultural byproducts, brewery waste, household food waste and manure into protein‑ and lipid‑rich BSFL products: live larvae, dried BSFL (45% CP), BSFL protein meal (60% CP), BSFL oil, chitin/chitosan extracts and frass organic fertilizer. The product suite offers balanced essential amino acids, high palatability, easy digestibility and competitive pricing ($0.60–$1.20/kg projected). Early production trials demonstrate scalable bioconversion rates and strong acceptance in pilot aquafeed and poultry feeds, positioning FLY PROTEIN as a cost‑effective alternative to fishmeal and soymeal with defensible supply‑chain integration into local waste streams.

FasterCapital partnership value

Under FasterCapital’s Equitypilot program, FLY PROTEIN gains access to capital raising support, global commercialization channels, technical mentorship, regulatory guidance and investor introductions. FasterCapital’s selective criteria and track record of scaling deep tech and agritech ventures validate FLY PROTEIN’s model and accelerate a 12–18 month commercialization timeline with pilot to commercial scale milestones and investor readiness preparation.

Executive quotes

“Hesham Zreik, Founder and CEO of FasterCapital, said, “We invest where deep technology solves real supply‑chain problems. FLY PROTEIN’s circular BSFL model addresses feed security and waste management simultaneously a compelling investment with scalable economics and clear market pull.”

Emeka Daniel Umechukwu, Founder & CEO of FLY PROTEIN, said, “This partnership brings the expertise and global reach we need to scale our bioconversion facilities, expand into aquafeed and pet food markets, and deliver affordable, sustainable protein to smallholders and commercial producers across Africa and beyond.”

Growth trajectory & future plans

In the next 12 months FLY PROTEIN will finalize its pilot facility scale‑up, secure offtake agreements with regional aquafeed and poultry producers, and complete product certifications. A subsequent 18–36 month plan targets regional expansion, international exports, and R&D on chitin/chitosan extraction and high‑value cosmetic oil feeds. Planned capital raise will support plant expansion and commercial inventory.

About FLY PROTEIN

Fly Protein is an indoor insect farm converting biowaste into sustainable protein and fertilizer using black soldier fly larvae. Founded by Emeka Daniel Umechukwu, the company produces live larvae, dried BSFL, protein meals, BSFL oil, chitin/chitosan and organic frass to supply aquafeed, pet food, livestock and organic farming markets while reducing environmental waste.

About FasterCapital

FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The Equitypilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.

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