Total raised
$8.5M
Last: SAFE 2023-07
Stage
Series A
Founded
2014
Headcount
6
HQ
Elifelet
Sector
Agriculture & Food Technologies
About
Hargol FoodTech specializes in growing large quantities of Locusts in captivity as an alternative protein source. Locusts have over 70% protein, a neutral flavor, and are kosher and halal.
The company's products include whole Locusts and Locusts protein powder sold as an ingredient to food producers in Europe and the United States. Hargol FoodTech is also engaged in joint ventures to develop, manufacture, and distribute sports protein powders, nutritional supplements, and meat replacement products.
Hargol FoodTech has won more than 20 global innovation competitions.
Funding history · 5 rounds · $8.5M total
2023-07
SAFE
$450K
2020-02
Series A
$3.1M
2017-10
Convertible Debt
$360K
2017-07
Seed
$600K
2016-07
Pre-Seed
$550K
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Agriculture & Food TechnologiesFood TechNovel Food & IngredientsClimate TechFood & Land UseSustainable FarmingSustainable Proteins
Technologies
Materials & SubstancesRaw Materials
Target customers
Food Retail & ConsumptionHomeAgriculture & Food
Business model
B2CB2B2CB2B
Highlights
Climate TechVerified
Tags
foodtechsupplementsfood-ingredientsinsectsagtechsmallholder-farmsfood-and-beverageclimate-techbreedingnovel-farming-systemsvertical-farminganimal-feedingfood-securityalternative-proteinnutritionproteinssustainable-proteinssustainable-farmingnutraceuticals