Aspire Food Group
Aspire Food Group is an insect agriculture company that produces cricket-based protein powder and food ingredients using automated, technology-driven farming systems. The company integrates robotics, automated storage and retrieval systems (ASRS), machine learning, and indoor environmental controls to operate what it describes as the smartest and most environmentally responsible protein production system on the…
Funding snapshot
About
Aspire Food Group is an insect agriculture company that produces cricket-based protein powder and food ingredients using automated, technology-driven farming systems. The company integrates robotics, automated storage and retrieval systems (ASRS), machine learning, and indoor environmental controls to operate what it describes as the smartest and most environmentally responsible protein production system on the planet. Aspire production system is designed for rapid scalability, with daily data collection and self-optimizing facilities that continually improve insect breeding and harvesting. The company was founded after winning the 2013 Hult Prize and has built automated cricket farming facilities in Austin, Texas, and London, Ontario. Aspire technology addresses the growing global demand for sustainable protein alternatives that require significantly less land, water, and feed than traditional livestock. Founded in 2013 and headquartered in Austin, Texas, Aspire has raised approximately $53.3 million in Series B funding from investors including Sustainable Development Technology Canada, NGen, and JC2 Ventures.
Business model
Insect Farming Tech > Insects > Insect based Products > Proteins > Novel Foods,
Food Tech > Novel Foods > Food Products > Alternative Proteins > Insect Based
Founders & team highlights
Serial Founder
Institutional investors
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