As recently as last year, Österholm claimed in an interview with Bonnier-owned DN that he was convinced that insects would soon become a natural part of grocery store shelves…
Last year, Tebrito had sales of SEK 531,000 (€45 200) and a loss of SEK 13.6 million (€1,16 million) . Just last month, the company raised SEK 4.1 million (€350 000) from outside investors – which does not seem to have helped.
DB2
Ÿnsect—one of the highest-profile players in the nascent insect farming space—has filed a safeguard plan with a commercial court in Évry, France, in a bid to stay afloat as it raises funds to expand production at its mealworm facility in Amiens…
The latest move comes a little over a year after the company raised a $175m funding round and unveiled plans to refocus its strategy on higher-margin markets such as pet food, close a production plant in the Netherlands, cut jobs, and move COO Shankar Krishnamoorthy into the CEO role…
DB2
Selling insect eating should start with populations who have long liked and culturally accepted eating worms and crickets and the like. My local bar in Mexico has yummy dry roasted crickets for free (with or without chili powder!) as an accompaniment to cerveza.
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