Startups
Exo is the market leader in insect-based protein - a revolutionary and sustainable alternative protein source. Exo’s all-natural cricket-flour protein bars are developed by a three-Michelin-star chef and are made with simple, whole ingredients. https://www.exoprotein.com/
Overview
Location
United States, Texas, Austin
Employees
1-10
Total raised
$5.2M
Founded date
2014
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Prime Partners | prime-prtnrs.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Sep 24, 2014 | Seed round | $1.2M |
Mentions in press and media 30
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jan 3, 2024 | Processing innovations could unlock human food market for edible insects, claims Hoppy Planet Foods | Patent-pending technology that eliminates the earthy color, flavor and aroma of edible insects could unlock new opportunities in higher-value human food markets, claims US-based startup Hoppy Planet Foods. While high prices and the ‘ick’ fa... |
| Sep 27, 2023 | Surprisingly Large Sums Have Gone Into Bug Farming Startups | 16 Shares Email Facebook Twitter LinkedIn Eat more bugs. That is the last thing on most of our to-do lists. Startup investors, however, seem to think otherwise. At least that’s the impression one gets looking at insect cultivation-related f... |
| Oct 30, 2021 | Edible insects in focus part II: Scale and automation… Aspire Food Group gears up to open world’s largest edible cricket processing facility | If 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... |
| Oct 22, 2021 | Edible 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... |
| Jun 17, 2019 | WATCH: Edible insect cos that survived 'ruthless winnowing' process, have made 'significant progress,' says Aspire Food Group | A 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, ... |
| Mar 9, 2018 | Ag Industry Brief: Insect M&A, Kraft Heinz Launches Incubator, Startup Makes Egg Protein from Fungi, more | Alltech president and founder Dr. Pearse Lyons dies at 73 Dr. Pearse Lyons founded Alltech in the 1970s after immigrating to America in the 1970s. The global company provides products related to animal feed, food safety, crop science, and a... |
| Oct 17, 2017 | Who are the Leading Insect Farming Startups? | You can tell that the public is captivated by a particular food, when its mere existence on a menu makes the news. Insects are one such ingredient. Cricket ice cream, cricket granola, cricket meatballs, cricket bars, cricket pasta, cricket ... |
| Oct 5, 2017 | Innovative Food: Startups Raise $206m to Meet Consumer Demand for Protein & Novel Ingredients | Consumer demands are changing at a faster pace than ever as our understanding of nutrition evolves. Protein-rich foods are in particular demand, and with the meat industry responsible for more than 15% of greenhouse gas emissions, innovator... |
| Mar 8, 2017 | AccelFoods fund for food and beverage innovators reaches $35 million | AccelFoods, an accelerator and fund that backs innovative food and beverage companies, has added $15 million to its second fund, according to founding partners Jordan Gaspar and Lauren Jupiter. AccelFoods has backed brands making products t... |
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FAQ about Exo
When was Exo founded?
Exo was founded in 2014.
How much funding has Exo raised?
Exo has raised $5.2M in total across 2 funding rounds.
What funding rounds has Exo raised?
Parsers VC lists 2 funding rounds of Exo, among them a seed round of $1.2M on Sep 24, 2014.
Who has invested in Exo?
Parsers VC lists 2 investors of Exo, among them Prime Partners.
What has the press written about Exo?
Parsers VC has collected 30 articles mentioning Exo, among them “Processing innovations could unlock human food market for edible insects, claims Hoppy Planet Foods” (Jan 3, 2024) and “Surprisingly Large Sums Have Gone Into Bug Farming Startups” (Sep 27, 2023).
Is Exo still active?
Yes, Exo is active; its latest activity on Parsers VC dates from Nov 11, 2024.