The Co Meath-based insect farming start-up Hexafly is closing a fresh round of funding of up to €1 million to help scale up operations at its new premises near Navan. “We have closed some bridge funding,” Hexafly co-founder and chief executive Alvan Hunt told The Currency this Wednesday. Some €880,000 of a €1 million convertible note issue are now complete, he added. The funds will be used “to scale up our existing operations to generate revenue and break even, which is a possibility in the facility that we have,” Hunt said. Hexafly first proved the concept of using the larvae…

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