When Daniel Enebeli left a high-flying career in financial regulation to start out out a catfish farm, he encountered a paradox on the coronary coronary heart of meals manufacturing: fish feed costs have been rising prior to farmers would possibly cope, however the world was throwing away tens of hundreds of thousands of tons of potential raw provides each single day. That realization led to the creation of Protein Kapital, a corporation that turns meals waste into sustainable protein using Black Soldier Fly (BSF) know-how.
On this distinctive KoreaTechDesk interview, Enebeli explains how his spherical model helps clear up actually one in every of agriculture’s costliest points—and why Korea has flip into one of many strategic testing grounds for sustainable insect farming as the company superior via Okay-Startup Grand Drawback 2025.
“Collaborating throughout the KSGC program dramatically elevated our visibility and momentum: attracting worldwide recognition and funding, developing partnerships, and giving us breakthrough in raw supplies entry.”
Protein Kapital Origin: Rewriting the Economics of Protein
Q1. What motivated you to start out out this agency, and what core draw back have been you attempting to unravel?
The prices of fish meal and soybean meal—the conventional protein sources for animal feed—proceed to rise steadily.
Fish feed accounts for virtually 75% of fish manufacturing costs, however fish prices keep comparatively regular. Consequently, farmers are compelled to take in mounting losses yr after yr.
I expert this downside firsthand as soon as I transitioned from a career in financial regulation throughout the Cayman Islands to catfish farming in Nigeria a decade prior to now. Whereas pioneering super-intensive aquaculture in Nigeria helped reduce water use and fish mortality, my farm nonetheless struggled to stay worthwhile due to the extreme worth of imported fish and soybean meal.
In search of an space decision, I turned to the Black Soldier Fly (BSF)—actually one in every of nature’s only bio-converters. Native to many areas, BSF larvae can transform meals waste, which contributes about 8% to world greenhouse gasoline emissions, into nutrient-rich protein in merely ten days.
By using regionally sourced BSF larvae to upcycle meals waste, I modified costly imported feed with cheap, sustainable insect protein—reversing the financial losses on my farm and proving that spherical agriculture can ship every monetary and environmental affect.
Turning Korea’s Waste Effectivity into Various with Protein Kapital
Q2. What various or unmet need did you establish throughout the Korean market, and what early alerts glad you that your decision would possibly purchase precise traction proper right here?
At 98% meals waste recycling safety, Korea stands out as a result of the world’s recycling chief. Nonetheless its recycling methods, dominated by standard composting, are costly, harmful, and low yielding.
The reality is, the Korean authorities spends virtually USD 700 million yearly to maintain up these strategies, although native farmers normally reject the following compost, usually provided free of value.
At Protein Kapital, we observed a clear various to help Korea transition in direction of a additional sustainable and surroundings pleasant model. By supplying cheap Black Soldier Fly (BSF) eggs—nature’s solely bio-converter—we permit meals waste to be recycled rapidly into high-value protein and pure fertilizer. This methodology not solely reduces costs and emissions however moreover transforms waste into an monetary helpful useful resource.
Our entry into Korea via the Okay-Startup Grand Drawback (KSGC) program quickly validated this potential. We secured two contracts with BSFF, Korea’s foremost insect farm: a paid proof-of-concept to optimize BSFF’s insect-egg manufacturing and a present settlement for our proprietary BSF meals plan. These early wins confirmed every market readiness and highly effective institutional confidence in our know-how.
Collaboration That Modified Path at KSGC 2025
Q3. All through KSGC, have been there any mentors, companions, or specific insights that significantly influenced your product or approach?
The KSGC program was Protein Kapital’s introduction to Asia, and due to the dedication of the KSGC workforce, the transition was remarkably seamless. By the use of this method’s sturdy reputation and neighborhood, now we have been ready to work together BSFF, Korea’s largest Black Soldier Fly farm.
Mr. Kim, BSFF’s CEO and one in every of many pioneers in Korea’s insect commerce, shared helpful insights into native market dynamics—defending pricing constructions, manufacturing costs, and authorities subsidies. His analysis revealed that Korea’s BSF commerce remained fragmented, with no specialist insect breeders. He had even finalized plans to take a place USD 200,000 in establishing a breeding facility in Vietnam, citing Korea’s native climate as unsuitable for insect breeding.
Nonetheless, our evaluation confirmed that Busan’s temperate native climate is, in precise truth, well-suited for BSF breeding. This realization uncovered a major gap in Korea’s BSF egg present chain and led us to launch an industrial breeding facility in Busan instead. Mr. Kim subsequently shelved his Vietnam plans and have change into Protein Kapital’s first purchaser in Korea, signing a correct contract for egg present.
These developments—sparked by mentorship, collaboration, and market notion gained via KSGC—solidified our native approach and positioned us to strengthen Korea’s rising insect-protein ecosystem.
KSGC 2025: Momentum That Scales Previous Borders
This fall. After turning into a member of KSGC, what has been basically probably the most vital change in your agency and what proof helps this progress?
Collaborating throughout the Okay-Startup Grand Drawback program dramatically elevated Protein Kapital’s visibility and momentum.
Inside merely 60 days, we signed over 40 MoUs, 3 Letters of Intent (LOIs), 2 Proofs of Concept (PoCs), and a few paid contracts with a numerous neighborhood of meals service firms and producers all through Korea. This speedy progress was led by our Korean intern—a 2024 KSGC alumnus—who has since joined the Protein Kapital workforce.
Our participation moreover helped us entice worldwide recognition and funding, along with a USD 30,000 grant from Startup Chile and selection as a Commonwealth Startup Fellow 2025.
However, basically probably the most transformative change obtained right here in entry to raw provides. For insect farming, waste is nice—nonetheless pre-consumer meals waste is even larger. For the first time, Protein Kapital secured direct entry to pre-consumer meals aspect streams—the highest-quality, HACCP-compliant provides—from companions corresponding to FarmJoa, Korea’s foremost frozen vegetable producer.
This breakthrough not solely reduces our pre-treatment costs however moreover permits us to provide premium insect-based merchandise. In Europe—the world’s highest-value market for insect-derived provides—merchandise created from pre-consumer waste command as a lot as 3 instances the worldwide frequent worth.
Equally very important is our rising relationship with BSFF, Korea’s largest Black Soldier Fly farm. What might need been a competitor has flip right into a strategic ally, resulting in a USD 350,000 LOI and a paid PoC, giving us helpful notion into native conditions for insect propagation. In parallel, we acquired one different USD 50,000 LOI from Kangsen, a distinguished Korean accelerator.
These partnerships not solely velocity up our development in Korea however moreover strengthen our understanding of learn the way to localize BSF innovation in one in every of many world’s most superior agri-tech ecosystems.
Developing the Worldwide Backbone of Spherical Protein
Q5. Making an attempt ahead, what’s essential imaginative and prescient or long-term goal your group objectives to appreciate, and what steps are you taking to maneuver in direction of it?
Protein Kapital’s long-term imaginative and prescient is to democratize insect farming globally and catalyze the worldwide present of insect-based inputs. Our mission is to make Black Soldier Fly (BSF) eggs—the essential nonetheless normally inaccessible foundation of bio-conversion—cheap and accessible to farmers and bug producers in all places.
Because of BSF is a world fly species, our know-how is inherently scalable. By leveraging our proprietary insect meals plan created from regionally sourced meals waste, we’ll optimize BSF effectivity in quite a few environments. This allows each fly inhabitants to show right into a prolific breeder, rising egg yields for native present.
To further reduce costs, we plan to determine breeding stations in tropical areas all through every continent, using a low-technology breeding system that ensures affordability and accessibility.
In the long run, our goal is to provide the world’s most cost-efficient BSF eggs and make insect protein manufacturing viable at scale.
Over the earlier 4 years, Protein Kapital has already confirmed its functionality for worldwide scale-up. We’ve obtained launched operations in Uganda, Chile, Saudi Arabia, and Korea, spanning three continents—Africa, Latin America, and Asia. By the use of participation in world accelerators in Colombia and Kenya, and via intensive worldwide collaborations, we’ve gained deep insights into the dynamics of the worldwide insect farming commerce.
As a BSF skilled breeding advisor to the United Nations, Protein Kapital has moreover developed sturdy expertise in insect-farming legal guidelines worldwide, refining our go-to-market approach for each space. With this foundation, we’re well-positioned to steer the worldwide shift in direction of spherical, cheap, and sustainable insect farming.
With financial regulation and sustainable protein manufacturing, the journey of Protein Kapital is proof that innovation normally begins by fixing your private draw back—and scaling that decision to help the world.
In Korea, the company’s success reveals how world sustainability challenges can uncover precise traction when aligned with nationwide protection, native science, and the world’s hunger for change.
About This Sequence
This textual content is part of the “Okay-Startup Grand Drawback 2025 Interview Sequence,” that features 40 world startups from Part 2 of Korea’s foremost accelerator program. The gathering highlights how worldwide founders are scaling innovation via Korea’s startup ecosystem.
Be taught additional tales from the Okay-Startup Grand Drawback 2025 Interview Sequence on KoreaTechDesk.
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