Hargol™ FoodTech

company

About

Hargol™ FoodTech is a commercial grasshopper farm

  • 11 - 50

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
$360K
Industries
Agriculture,AgTech,Animal Feed,Farming,Food and Beverage,Nutrition,Organic Food,Pet,Snack Food,Sustainability
Founded date
Jan 1, 2014
Number Of Employee
11 - 50
Operating Status
Active

Hargol™ FoodTech is the world's first commercial grasshopper farm!
Grasshoppers are nature's most efficient protein source.

Hargol™ FoodTech revolutionize the protein ingredient industry by providing a healthier and more sustainable and affordable alternative, becoming the leading intensive rearing company of grasshoppers in the world. The company is at the forefront of high quality nutrients and healthy grasshoppers supply to markets around the world, improving current market wild-harvested supply by providing year-round availability, nutrients content & quality and costs reduction.

For its first line of products, Hargol FoodTech relies on methods and technologies of intensive breeding and growing of three grasshopper species that are processed into protein powders. The company is offering grasshopper based protein ingredient in North America markets to food/ingredient manufacturers and whole grasshoppers.

Hargol™ FoodTech have thus far been attracting the interest of food producers, distributors and retailers in the North America, Europe and other regions of the world with whole grasshoppers, grasshopper’s nutrient-rich powder and innovative food products.

With the expected 70% rise in demand for animal source protein over the next decades and with existing animal source protein taking a big toll on the environment there is a need for an alternative – Both sustainable and affordable for populations around the globe.

Enhanced by their vegetarian diet grasshoppers’ nutrient content is superior compare to other insects or animal source protein: Over 70% whole protein, Omega-3 & Omega-6, Zinc, Iron, & Folic acid. Grasshoppers are also the only Kosher and Halal insect in the world!

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$360K
Hargol™ FoodTech has raised a total of $360K in funding over 2 rounds. Their latest funding was raised on Mar 9, 2018 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 9, 2018 Convertable Note $360K 1 WeWork Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Hargol™ FoodTech is funded by 1 investors. WeWork are the most recent investors.
Investor Name Lead Investor Funding Round
WeWork Yes Convertable Note