Aspire Food Group
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.0m | Seed | ||
* | N/A | N/A | Growth Equity VC |
CAD10.0m | Grant | ||
CAD16.8m | Grant | ||
Total Funding | €18.8m |
Recent News about Aspire Food Group
EditAspire Food Group is a pioneering company in the field of sustainable agriculture, focusing on insect farming to address global food and nutrition insecurity. Operating in both Ghana and the United States, Aspire commercially farms palm weevil larvae in Ghana and food-grade crickets in the United States. The company empowers peri-rural farmers in Ghana to raise palm weevils locally, thereby supporting local economies and promoting sustainable practices. Aspire's business model revolves around leveraging advanced technology to produce high-quality protein from insects, which have a protein quality comparable to meat but with a significantly lower environmental footprint. The company aims to normalize the consumption of insects in the Western world, promoting them as a viable and nutritious food source. Aspire generates revenue through the commercial sale of insect-based products, targeting health-conscious consumers and those interested in sustainable food sources. The company is committed to relentless innovation, radical rethinking, and superior nutrition, making its technology best in class.
Keywords: insect farming, sustainable agriculture, high-protein, palm weevil larvae, food-grade crickets, Ghana, United States, local empowerment, advanced technology, nutrition.