Mekong Capital puts $25m in Vietnam-based insect protein firm Entobel

Mekong Capital puts $25m in Vietnam-based insect protein firm Entobel

Vietnam-focused private equity firm Mekong Capital has invested $25 million in biotech company Entobel.

The investment was routed through the $246-million Mekong Enterprise Fund IV (MEF IV) and was part of Entobel’s $30-million funding round, Mekong Capital said in a statement. The remaining $5 million has been invested by local asset manager Dragon Capital.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter