Aspire Food Group
Aspire Food Group pioneers the insect agriculture industry with advanced technologies, operating the most environmentally responsible protein production system globally. They produce high-quality crickets and Frass, an all-natural agricultural product, using smart indoor farming and automation.
Company History
Aspire Food Group launched after winning the 2013 Hult Prize. By 2015, they raised $4.25 million in seed funding and initiated operations in Ghana and the USA. In 2017, they secured $9 million in Series A funding and established the first automated cricket farming facility in Austin, Texas. They received recognition in 2018 as a World Changing Idea. In 2019, Aspire Food Group landed a $40 million Series B to construct a commercial facility, breaking ground in London, Ontario, in 2020. The facility, which is the world’s largest cricket production site, was completed in 2022. The same year, they signed a memorandum of understanding with Lotte Confectionary and were named a top AI solution to address hunger.
Innovative Technologies
Aspire Food Group pioneers the insect agriculture industry by leveraging cutting-edge technologies, including robotics, Automated Storage and Retrieval Systems (ASRS), and automation. Indoor production systems allow for full environmental and quality control. Daily data collection, combined with machine learning, generates actionable insights, resulting in a continually self-optimizing facility. Their modular vertical farming technology is designed for rapid scalability and sustainability, using less land, water, and feed while emitting fewer greenhouse gases compared to conventional agriculture.
Environmental Impact
Aspire Food Group operates the most environmentally responsible protein production system on the planet. Third-party audits have shown that their facility uses a fraction of the land, water, and energy required by traditional livestock and protein production methods. Uses state-of-the-art, smart indoor farming to produce crickets of exceptional quality. Their production methods support high levels of sustainability and reduced resource consumption, demonstrating a significant positive environmental impact.
Aspire Food Group Products
Aspire Food Group produces crickets, a source of complete protein containing all essential amino acids, suitable for human and pet consumption. They also produce Frass, an all-natural agricultural product derived from cricket excrements, exoskeletons, and residual plant-based cricket feed. Frass has demonstrated highly promising results as a supplement for aquaculture feed and in boosting the natural defense of plants, leading to better survival, adaptability, and yields.
Recent Developments
In 2022, Aspire Food Group completed the construction of its cricket production facility in London, Ontario, the largest of its kind in the world. The same year, they signed a memorandum of understanding with Lotte Confectionary, marking a significant milestone in their expansion strategy. Their breakthrough in AI to tackle hunger issues was also recognized in 2022. These recent developments highlight Aspire’s commitment to innovation and global sustainability.