Australia’s largest general insurer takes a stake of an unknown size in CSIRO-backed DAS, in a deal worth ‘millions of dollars’.

Insectta has developed technology that can extract chitosan from insect waste, an antimicrobial ingredient used in the pharmaceutical and cosmetic industries.

The UAE capital will deploy $270m by 2021 as part of a strategic agtech program that has the end-goal of turning the city into a regional and global exporting hub of food tech innovation.