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Following the EIC Accelerator Money at Livin Farms: Worms to Flies

October 14, 20262,534 words13 min

Livin Farms AgriFood GmbH, a Vienna company that started out selling mealworm farms for kitchens and classrooms, was one of two Austrian winners of the EIC Accelerator pilot's Green Deal round on 19 May 2020. The European Commission's list of selected companies names it once, with no partner company, for Hive Pro: "a highly scalable insect farming concept consisting of an insect fattening plant together with the supply of baby larvae, combined with a service model", funded as a grant only. CORDIS records an EU contribution of €2,500,000 towards a total cost of €3,625,000, from 1 January 2021 to 31 December 2022. Trade press reported the €2.5 million grant at the time and described a pilot plant for industrial mealworm rearing, according to Trending Topics and the Austrian research agency FFG.

Six years on, the company is active and growing, but its industrial product is not the one in the grant. Its factories now rear black soldier fly larvae, not mealworms, and the first customer plant confirmed by an independent source is on a pig farm in Bavaria, not at a feed mill.

€2.5MEU grant for Hive Pro
€3.625MTotal project cost
€6MSeries A, September 2022
Mealworm to flySpecies switch during the project

Company file

Legal entity
Livin Farms AgriFood GmbH, Firmenbuch FN 488299m, registered 22 March 2018
Headquarters
Haidequerstraße 1, Halle 42, 1110 Vienna (Simmering)
Founder and CEO
Katharina Unger, managing director since 2018
Registered shareholders
Nine, including SOSV III LP, SOSV IV LLC, AKS Aguila Holding AG, Elevation Investments GmbH and Peter Lürßen
Staff
25, March 2025 (company figure)
Products
Automated black soldier fly factories, Seedlings™ larvae deliveries, Hive Explorer school kits
EIC project
Hive Pro, EIC Accelerator pilot, Green Deal cut-off 19 May 2020, grant only
EIC Fund
Not in the EIC Fund portfolio

Where Livin Farms Stands Now

The Austrian company register lists Livin Farms AgriFood GmbH as registered, with Katharina Unger as sole managing director, share capital of €67,291.71 and annual accounts filed every year, most recently on 7 October 2025 for 2024, according to the official publication platform evi.gv.at. No insolvency entry appears there. North Data shows the same filings plus two patent publications in March 2026 (a fly cage module with a conveyor belt and packaging for pre-dosed insect breeding units) and €540,748 in state aid from the FFG published in February 2026. Revenue, profit and equity sit behind North Data's paywall, and the accounts of a small Austrian GmbH are abridged, so the company's finances could not be verified.

In an interview published on 11 June 2026, the EIC Scaling Club described Livin Farms as having manufacturing sites in Austria and Germany and said the company "is working on its Series B fundraising with the help of the EIC Scaling Club". On 23 September 2026 the company published a tour of an automated black soldier fly rearing facility in Germany on its own blog.

The Technology: Factories in Modules, Larvae by Post

Insect larvae can turn food waste and agricultural by-products into protein, fat and fertiliser. The difficulty for new producers, the Hive Pro proposal argued, was the "high infrastructure cost, lack of know-how and a sound business case". Livin Farms' answer was to split the business like piglet farming. Customers build and run the fattening plant; Livin Farms supplies the factory modules, the young larvae and the know-how. "We build the 'stable' and we sell the 'piglets'", Unger told the EIC Scaling Club.

In the version described on its website, robots mix the feed and dose it into trays, an automated system adds one pack of one-day-old larvae (Seedlings™) per tray, and automated guided vehicles move the trays between rearing rooms. The cycle from Seedlings™ to finished larvae takes about 11 days, the same figure Unger gave TechCrunch in 2022. The difference from established insect producers such as large single-site plants is the model: decentralised factories at the place where the waste arises, with breeding kept centrally at Livin Farms. The company's patent filings cover a modular breeding system (published 2021) and pre-dosed breeding units (2023), according to North Data.

"We build the 'stable' and we sell the 'piglets' – except our piglets are much smaller and grow much faster."

Katharina Unger, founder and CEO, EIC Scaling Club interview, June 2026

What the EIC Award Promised, and What the Record Shows

The proposal summarised on CORDIS aimed at feed mills, "where feed is essentially free and the necessary infrastructure already available". It claimed "a strategic partnership with Europe's largest retailer LIDL", a first pilot customer in "an Austrian feed mill" and 175 potential customers in the EU, worth "€770 million for our business for bakery waste alone". The final periodic report, for 2022, names the species: "Tenebrio molitor, commonly referred to as 'mealworm'". It lists three pillars: plug-and-play protein factories, monthly deliveries of baby larvae from a central nursery, and a "Factory as a Service" package of training, remote monitoring and maintenance.

The report's list of work done is short and partly hedged. It records finding a first beta customer willing to build the first full-scale demonstrator, but only the "Partial Construction of a full scale demonstrator of the HP Protein Factory on the test site". It also records a scaled-up reproduction process "to supply up to ten factories" and an on-site nursery. CORDIS publishes no deliverables, papers or result pages for the project. The project ran its planned two years, so it ended on time, but the full-scale demonstrator was not finished within it.

By the time the project ended, the industrial system had changed species. In September 2022, three months before the end date, TechCrunch described Hive Pro as a modular system "for automating the rearing and processing of black soldier flies", and AgNavigator reported the same, with active projects in Turkey, Spain and Germany. The final CORDIS report still describes a mealworm system. Neither the report nor the company explains the switch, and no source names the Austrian feed mill or shows a factory there. Nothing beyond the CORDIS summary was found on the Lidl partnership.

  1. Full-scale demonstrator of the protein factoryPartly"Partial construction" by end of 2022, per the CORDIS report; a 1,400 m² demonstration unit near Vienna airport was running in 2022, per AgNavigator.
  2. Mealworm factories at feed mills, first pilot at an Austrian feed millNot achievedNo feed-mill factory announced by the company or a third party; the system now uses black soldier flies.
  3. Central nursery supplying baby larvae to customersDeliveredWeekly Seedlings™ deliveries of one-day-old fly larvae, used at a German customer plant, per the company.
  4. Factory as a Service: training, remote monitoring, maintenanceDeliveredRemotely monitored modules and bio-feasibility studies described by AgNavigator in 2022.
  5. Commercial factories with paying customersPartlyOne customer plant confirmed independently by top agrar; the company's claim of more than 10 projects is not itemised.

What It Has Achieved Since

The €6 million Series A in September 2022 was co-led by the investor Peter Lürßen and the hardware accelerator HAX, according to AIN, citing Sifted, and SOSV, a registered shareholder, which gave the round as $5.8 million. The company register shows Lürßen as a shareholder from 22 March 2022, and a capital increase on the same date, according to evi.gv.at. Earlier money is described differently: TechCrunch gives a $3.8 million seed round, while AgNavigator puts seed funding, grants and subsidies from the FFG, AWS and the EIC together at "over €4m".

The clearest independent evidence of a customer is in Bavaria. In October 2025 the German farm journal top agrar reported that pig farmer Manfred Aue in Fürstenzell had built a 60 by 25 metre hall for a larvae plant "worth several million euros", designed for about 1,000 tonnes of larvae a year, with Livin Farms AgriFood GmbH supplying the automation technology and software; production was due to start by the end of 2025. Pig Progress gave the same capacity and a planned start in early 2026. Livin Farms' case studies describe a German pig producer's plant of about 1,000 tonnes of fresh larvae a year, fed live to piglets, and two further plants in Southwestern and Eastern Europe designed for 780 and 260 tonnes of protein powder a year; those two are not named and could not be verified.

The company is also one of three partners in OLIFECycle, a LIFE project coordinated by Dapibus in Barcelona to feed olive pomace to black soldier fly larvae, with an EU contribution of €4,411,453 towards €7,352,422, according to the LIFE project database and the company's announcement. North Data lists Livin Farms' share as €303,989. The original education business continues: The Hive Explorer by Livin Farms still sells mealworm kits for schools.

What the company says

More than 10 insect factory projects in 5 European countries, and technology "already converting more than 100,000 tonnes of organic material annually at commercial scale", per its website.

What the record shows

One customer plant confirmed by trade press, in Bavaria, sized for about 1,000 tonnes of larvae a year. In March 2025 the company spoke of six plant projects under construction and ten in planning, per the Vienna Business Agency. The 100,000-tonne figure is not broken down anywhere.

From Kitchen Farms to Industry

Unger founded Livin Farms in Hong Kong in 2015 with money from a South Chinese investor, kept the headquarters there and opened a Vienna branch in 2019, according to Innovation Origins; the FFG says the company moved its focus from Hong Kong back to Austria in 2019. The dates disagree slightly with the register: the Austrian GmbH was registered on 22 March 2018, according to evi.gv.at, and the company's about page dates Unger's work on converting by-products into insect protein to 2012. In August 2020 the mealworm pilot plant in Vienna's 23rd district covered 200 m² and was fed bread and bakery waste from a large food chain, according to Trending Topics.

The company moved its registered address in April 2021 to an industrial hall in Simmering, according to North Data; by March 2025 it employed 25 people there, up from a founding team of three, and had received support from the Vienna Business Agency in 2017, 2020 and 2024, according to the agency. AgNavigator had reported 20 employees in September 2022.

Why Europe Should Care

The Hive Pro proposal rested on Europe's dependence on imported protein: CORDIS quotes the company as saying the EU imports 74% of the high-protein feed used for fish and poultry. Insect protein's market in Europe depends on feed law. The EU had banned processed animal protein in livestock feed after the BSE crisis, and in 2021 the European Commission moved to allow insect protein in feed for pigs and poultry, as reported by the UK Human Rights Blog in June 2021. That change opened the pig and poultry market that Livin Farms' Bavarian customer now serves, although the farm feeds the larvae live, which the company presents as one of several uses on its blog.

Turning waste into feed close to where it arises also fits the EU's food waste and circular economy goals, which the CORDIS report cites as a driver for its customers. Whether decentralised insect factories can beat large central plants on cost has not been shown in any public figures from Livin Farms or its customers.

What could not be verified

Revenue, profit and equity of Livin Farms AgriFood GmbH; the identity of the Austrian feed mill and the terms of the Lidl partnership named in the proposal; the 100,000 tonnes a year of organic material the company says its technology converts; the customers behind the Spanish and Eastern European case studies; and the amount and status of the Series B. The company is not in the EIC Fund portfolio, which listed 319 organisations across its 16 pages when checked for this article; its EIC award was a grant only.

The Verdict

The business model survived, the mealworm did not

Livin Farms used its EIC grant to build the model it promised: factories in modules, larvae from a central nursery, service on top. It built it for a different insect and a different customer, and the full-scale mealworm demonstrator at a feed mill was never shown. Four years after the project ended, one fly factory on a Bavarian pig farm is confirmed independently, and the company is raising a Series B.

Livin Farms and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

AgrifoodAnimal feed

Focus
  • Insect protein
Technologies
  • Modular design
Keywords
  • Black soldier fly
  • Mealworms
  • Food waste
  • Pig farming
  • Modular farming systems

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Livin Farms#insect farming#black soldier fly#mealworms#animal feed#Austria
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