ASPIRE
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ASPIRE

http://www.aspirefg.com/
Last activity: 12.12.2024
Active
Categories: AgriTechAlternativeCultureFoodTechFutureManufacturingProductProductionSocialTechnology
Our disruptive social enterprise, Aspire, aims to improve access to edible insects worldwide. We develop and distribute affordable and sustainable insect farming technologies for countries with established histories of entomophagy, or insect-consumption. Our farming solutions stabilize the supply of edible insects year-round, drastically improving and expanding the economic ecosystem surrounding insect consumption in the regions serviced. Not only do we create income stability for rural farmers, we aim to have a wider social impact by lowering the price of edible insects. This is central to our mission of increasing access to highly nutritious edible insects amongst the poorest, and therefore neediest, members of society.
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Location: United States, Texas, Austin
Employees: 51-200
Founded date: 2014

Investors 3

Mentions in press and media 20

DateTitleDescription
12.12.2024Brief: Aspire raises “meaningful amount” to keep insect ag operation goingInsect ag pioneer Aspire Food Group—which laid off two-thirds of its employees and scaled back production at its cricket farming facility in London, Ontario last month—has secured fresh funding. CEO David Rosenberg—who cofounded vertical fa...
11.11.2024Exclusive: Aspire Food Group cuts staff, temporarily scales back production at cricket farmInsect ag pioneer Aspire Food Group has laid off 100 of its 150 employees and is temporarily scaling back production at its new cricket farming facility in London, Ontario, AgFunderNews has learned. David Rosenberg, a board member at Aspire...
27.09.2024Insect farmer Ÿnsect in ‘advanced discussions’ with investors after filing safeguard plan with French courtŸnsect—one of the highest-profile players in the nascent insect farming space—has filed a safeguard plan with a commercial court in Évry, France, in a bid to stay afloat as it raises funds to expand production at its mealworm facility in Am...
09.04.2024From novelty to necessity? The evolution of insect farmingOn paper, insect farming ticks all the right boxes. Black soldier fly larvae (BSFL), mealworms and crickets can transform food and agricultural waste into high-quality protein, oil and fertilizer at record speed with a fraction of the input...
21.03.2023Aspire Food Group ramps up world’s largest cricket production facility, scouts for 2nd siteIf crickets—which pack an attractive nutritional punch with a low environmental impact—are going to carve out a meaningful space in the alternative protein market, two things must happen, says Aspire Food Group cofounder Mohammed Ashour. Co...
03.03.2023Meet the founder: Insect bar pioneer Pat Crowley, investor short-term thinking ‘is one of the most frustrating things in this business’Armed with cash from a Kickstarter campaign and a fervent belief that edible insects were the next big thing for human and planetary health, Pat Crowley introduced many Americans to the concept of eating bugs back in 2012 with the launch of...
30.10.2021Edible insects in focus part II: Scale and automation… Aspire Food Group gears up to open world’s largest edible cricket processing facilityIf crickets – which are hugely attractive both from a nutritional and sustainability perspective – are going to carve out a meaningful space in the alternative protein arena, two things need to happen before you even start a conversation ab...
22.10.2021Edible insects in focus, part I: CPG 2nd wave focuses on benefits, not bugs... 'It’s like taking Jello and saying, ‘Hey! we've got a bunch of ground up cow bones and sugar. You want some?'On paper, crickets tick all the boxes. They are low in fat, but high in complete protein (60-70%), packed with calcium, iron, vitamin B12 and long-chain omega-3s (which you won’t find in plant protein isolates), and super-efficient at conve...
19.06.2020Ten cleantech companies receive $41.8 million from federal governmentTen cleantech companies have received a collective $41.8 million from the federal government through Sustainable Development Technology Canada (SDTC). “Cleantech companies… are helping to position Canada as a leader in an expanding market.”...
17.06.2019WATCH: Edible insect cos that survived 'ruthless winnowing' process, have made 'significant progress,' says Aspire Food GroupA pioneer in the US edible insects business, Austin, TX-based Aspire​​ was created in 2012 by five MBA students from McGill University on a mission to drive efficiency in insect farming. Six years later, it acquired the Exo consumer brand, ...
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