Aspire food group. Aspire Food Group, Austin, Texas.
Aspire food group. Get the latest business insights from Dun & Bradstreet. When Gabe Mott, Shobhita Soor and Mohammed Ashour proposed building a commercial-scale cricket farm optimized with robots and data, the idea earned the McGill University students the $1 Nov 13, 2024 · An innovative cricket processing plant in London has cut 100 jobs, two-thirds of its workforce, as it retools for future production. 8M. It plans to hire back workers in July and close a funding round by the end of the month. Jul 1, 2022 · In the next few days, the first farmed insects will arrive at a new massive cricket-processing facility in London, Ont. We will continue to research and invest in sustainable insect farming practices to bring this protein alternative to market. The case study delves into Aspire Food Group's founding vision, its impact on the market Find company research, competitor information, contact details & financial data for Aspire Food Group Canada Ltd. Aug 19, 2025 · Explore Aspire Food Group Usa's employer profile with up-to-date information on H1B visas, green cards, salaries, job openings, contact details, employee reviews, FAQs, and office locations Aspire Food Group Ghana is a not-for -profit organization dedicated to the sustainable practice of farming edible insects. aspirefg. Evaluate their financials based on Aspire Food Group's post-money valuation and revenue. , a group of London, Ontario-based food manufacturing companies, were placed into receivership on May 6 on application by Farm Credit Canada (“FCC”), owed $41. Other executives include Gabe Mott, Co-Founder and COO; Jason Jones, Chief Growth Officer and 6 others. Dec 19, 2017 · There are now 22 million crickets raised every month at Aspire Food Group’s indoor test farm in Austin, Texas. Business Areas: Insects,Animal Nutrition,Agriculture,Agtech Nov 20, 2018 · Aspire Food Group is applying modern agricultural techniques to farm insects, much the same way people have done for farming chickens or other livestock. While Aspire had experienced The company's vision is to promote sustainable practices in insect farming. , September 16, 2021 - Aspire Food Group, a global leader in insect agriculture, has completed the sale of its EXO brand to Hoppy Planet Foods. Aspire targets markets that utilize Aspire Food Group has 3 current employee profiles, including ]COO Gabe Mott. At full capacity, Aspire Food Group's facility is expected to house four Aspire Food Group Corporate Headquarters, Office Locations and Addresses | Craft. The company’s workforce productivity is estimated at $270K in annual revenue per employee. coAspire Food Group is headquartered in Austin, 6231 E Stassney Ln Bldg 12-105, United States, and has 2 office locations. Find company research, competitor information, contact details & financial data for Aspire Food Group USA, Inc. Using Kingspan insulated panels, Aspire is able to capitalize on thermal efficiency and excellent controlled environments hygienic and contamination control. 24K subscribers 354 45K views 6 years ago Jul 9, 2025 · Does Aspire Food Group Eat Insects? Aspire Food Group (Aspire) is a frontrunner in the insect agriculture sector, notably with its Aketta cricket-protein products aimed at the emerging North American market. Aspire Foods announced the jobs cuts Wednesday. Sep 29, 2025 · The Ontario Superior Court of Justice has approved a deal to sell the assets of struggling insect ag firm Aspire Food Group to Halali Group Holdings, a purchaser with “interests in commercial real estate and food and beverage manufacturing. Bringing an ancient food to a modern world Crickets are nature’s superfood ingredient for healthier, happier pets Perfected by nature Crickets provide a healthy balance of protein, fiber, and other nutrients that animals require without causing irritation, inflammation, or allergies. FTI Consulting Canada Inc. The merger will combine Exo’s product line into Aspire’s data-driven farming operations and supply chain to “create new products and fuel the Nov 15, 2024 · The Aspire Food Group facility, which farms crickets primarily used in pet food, is laying off 100 of its 150 employees as it renovates its production system, AgFunderNews reported. Jun 27, 2022 · London West MP Arielle Kayabaga, right, listens to Aspire Food Group co-founder and chief executive Mohammad Ashour during a news conference to announce federal investments in innovative agri-food Aspire Food Production Harnessing the combined powers of technology and nature to unleash the future of sustainable agriculture. of Austin, Texas. Aspire Food Group, a leader in insect agriculture, launched its 150,000-square-foot facility in 2022 with much Aspire Food Group are pioneers in precision insect farming at scale, with the mission of realizing the potential of the natural world through the power of technology. By focusing on edible insects as a protein source and implementing innovative production strategies, the company has been able to address critical challenges in the food supply chain. Mar 8, 2018 · See Aspire Food Group funding rounds, investors, investments, exits and more. In the meantime, please enjoy some of our recent articles. A free inside look at company reviews and salaries posted anonymously by employees. 5 million. Aspire's May 15, 2025 · The Superior Court of Ontario orders Aspire Food Group, the London, Ont. Dec 12, 2024 · Insect ag pioneer Aspire Food Group —which laid off two-thirds of its employees and scaled back production at its cricket farming facility in London, Ontario last month—has secured fresh funding. Jul 21, 2020 · Aspire Food Group will be building the world’s largest cricket processing plant in London, ON. Find related and similar companies as well as employees by title and much more. Oct 28, 2021 · Aspire Food Group is a world leader in building the world's lowest cost, highest-density, and most ethical automated food-grade protein production systems. 5 million taxpayer-funded grant from the federal government to help develop their cricket farms. Nov 14, 2024 · FIRST READING: Trudeau’s $9 million bet on edible crickets runs into trouble The world's largest cricket factory, funded in large part by federal monies, enters extended retooling Insulated metal panels are pioneering the future of indoor agriculture. That’s because Aspire Food Group — home to the world’s largest cricket-processing facility in London, ON — has quietly gone into receivership, bringing its bug-powered ambitions to a screeching halt. Aspire Food Group is a pioneering company in the insect agriculture industry, focusing on sustainable and scalable solutions to address the growing global demand for food and raw materials. But that sound you hear in Canada’s largest insect protien factory, is literally, the deafening roar of crickets. CEO David Rosenberg—who cofounded vertical farming startup AeroFarms and took on the CEO role at Aspire late last year—told AgFunderNews that, “It is a meaningful amount of money, but more Jan 18, 2022 · About Aspire Food Group Aspire is a world leader in the field of precision insect farming, optimizing the growth and harvesting of an underutilized natural resource to meet global demand for sustainable ingredients and materials. , September 16, 2021 – Aspire Food Group, a global leader in insect agriculture, has completed the sale of its EXO brand to Hoppy Planet Foods. Annual sales for Aspire Food Group USA Inc are around 356,542. /Le Groupe Alimentaire Asire Ltée ("Aspire"), Aspire Food Sep 16, 2021 · London, ON. Aspire Food Group USA Inc is located in Austin, Texas, and was founded in 2015. It was founded in 2014 and is May 13, 2025 · Aspire Food Group, reportedly owing $41. and Aspire Food Group USA, Inc. The cricket farm in London, Ontario, run by the Aspire Food Group just broke ground on a new 150,000-square-foot facility last year. Aspire farms the palm weevil larva (PWL), a local delicacy rich in essential nutrients such as protein, iron and zinc Sep 16, 2022 · Aspire Food Group has announced a deal with Lotte Confectionary Co. / Aspire On May 6, 2025, pursuant to an Order of the Ontario Superior Court of Justice (Commercial List), FTI Consulting Canada Inc. At this location, Aspire Food Group USA Inc employs approximately 6 people. -based cricket farming company, into receivership. Nov 25, 2024 · Canada is home to the largest cricket farm in the world, located in London, Ontario. Aspire is named to 2018 World Changing Ideas. The company said it was cutting shifts and going from 150 workers to 50. We believe that insects are the protein of the future, and that technology has the power to bring this extraordinary tradition to the world. com) location in Texas, United States , revenue, industry and description. For Ashour, Aspire’s co-founder and CEO, the tonal chirping of his Acheta domesticus crickets is Company profile page for Aspire Food Group Ltd including stock price, company news, executives, board members, and contact information Jul 20, 2020 · The world’s largest food-grade cricket production facility will be built in London, Ont. Aspire Food Group says the new facility will be “one of the most technologically advanced and energy efficient protein production systems in the world”. Speaking to AgFunderNews as FTI Consulting Canada Inc was Find contact information for Aspire Food Group. 5 million, has been placed into receivership, a step toward bankruptcy. Aspire Food Group's innovative approach to sustainable food solutions has garnered attention in the global food industry. Find employees, official website, emails, phone numbers, revenue, employee headcount, social accounts, and anything related to Aspire Food Group. 2M in funding. of London, ONTARIO. May 12, 2025 · Aspire Food Group Ltd. Where edible insects meet a hungry, growing world Apr 30, 2024 · View info about Aspire Food Group (aspirefg. The company utilizes robotics, automation, and machine learning to optimize and scale production. Aspire Food Group has 1 board member or advisor, David Rosenberg. In Ghana, they commercially farm palm weevil larvae to address food shortages there, and also operate out of a 25,000-square-foot, temperature-controlled cricket farm and processing facility in Shobhita Soor is chief impact officer at Aspire Food Group, an international social enterprise dedicated to addressing food security through the sustainable farming of edible insects. Aspire uses a proprietary, innovative process to produce high-quality, low-cost crickets at commercial scale. Recently opened in Canada, Aspire Food Group has built the largest indoor cricket farm in the world, utilizing Kingspan\\'s Jul 20, 2020 · A food-grade automated cricket processing facility — expected to be the largest in the world — will be setting up shop in London’s Innovation Park. , a large Asian international food and beverage processor, to sell its insects as an alternative protein source. About 50 View Aspire Food Group (www. Here is a tour through the facility to see the p About Aspire Food Group Our vision is a world transformed by insect technology. Additionally, key players like Aspire Food Group announced in October 2021 that it would build a brand-new, fully automated cricket processing plant in London, Ontario, Canada. Aug 19, 2025 · Aspire Food Group manufactures a variety of food products made from crickets. Nov 12, 2024 · Aspire Food Group, a leader in the insect agriculture sector, has recently announced significant layoffs and a temporary reduction in production at its cricket farming facility in London, Ontario. Jul 20, 2020 · Aspire Food Group, a global industry leader in the production of edible insects, will soon begin building the world's largest cricket processing plant in London, Ont. Aug 19, 2025 · Explore Aspire Food Group's employer profile with up-to-date information on H1B visas, green cards, salaries, job openings, contact details, employee reviews, FAQs, and office locations Now there is, with Ashour as CEO of Aspire Food Group, the company his McGill team launched in 2014, becoming a global industry leader of the movement. 3,065 likes · 1 talking about this. Aspire Food Group Revenue & Valuation Aspire Food Group's operations are expected to yield yearly revenues near $33. They are dedicated to providing scalable solutions that prioritize the health of our planet, offering innovative approaches to meet the challenges of a changing world. Our mission is to harness the combined powers of technology and nature to pioneer the future of sustainable farming. Aspire Food Group is a company that commercially farms palm weevil larvae and runs a program that empowers peri-rural farmers to raise palm weevils locally. Aug 3, 2017 · When Aspire Food Group first started raising crickets in 2013/14 its globe-trotting co-founders had already traveled the world in a bid to identify best practices. Two years later, Aspire would open the world’s largest edible cricket production facility in London, Ontario, seeking to reach 100 per cent production capacity by early 2024. This business is working in the following industry: Grocery stores and supermarkets. Aspire Food in London, Ontario is the world's most advanced cricket farm and processing facility. We are creating tomorrow’s traditions through breakthrough innovations that are in harmony with our largest stakeholder: our pl Show More Seamless Pro Tip May 14, 2025 · Aspire Food Group, the world's largest cricket-processing facility located in London, Ontario, has been placed under receivership despite receiving millions in federal subsidies. Hoppy Planet Foods acquires EXO Protein from Aspire Food Group London, ON. While Aspire had experienced some May 7, 2025 · Canadian insect ag pioneer Aspire Food Group has laid off more staff amid ongoing uncertainty over tariffs and trade, but says it is actively pursuing a deal through a court-supervised process that could enable it to preserve operations. ” Court documents filed by receiver FTI Consulting do Jun 27, 2022 · Thank you Thank you for your interest in Aspire Food Group. Aspire Food Group's Co-Founder and CEO is Mohammed Ashour. The company, which was backed by a $41 million loan agreement from Farm Credit Canada, a Crown corporation, faced financial difficulties le. A report by the Food and Agriculture Organization entitled How to Feed The World In 2050 acknowledges that a growing population and rising incomes means that there is an increased demand for healthy, clean proteins for not only Apr 12, 2016 · If the edible insect movement is to meaningfully impact the protein market (and the planet) by displacing less sustainable animal-derived protein sources (beef, poultry, dairy), cricket companies Mar 16, 2018 · Aspire Food Group, which produces the Aketta cricket food products and owns the world’s first automated cricket farm, has acquired Exo. ("FTI") was appointed as receiver and manager (in such capacities, the "Receiver") without security, of all of the assets, undertakings and properties of Aspire Food Group Ltd. Jun 20, 2020 · Aspire Food Group expanded facilities to London, Ontario, Canada on Oct 1st '21. Aspire closes major customer deal, landing $40M in Series B to build commercial facility. May 13, 2025 · Canada's largest cricket farm under receivership, despite millions in subsidies Aspire Food Group, the world's largest cricket-processing facility, has gone into receivership, halting its insect-based food production. May 12, 2025 · Maybe it was just bad luck, bad timing and bad buzz. Jun 27, 2022 · Press Release | Jun 27 2022 Investment in state-of-the-art facility for Aspire to support sustainable food production Read more Please visit this page to contact us with general questions or for media inquiries. We address food security and food sustainability by developing pioneering technology to commercialize the cleanest and most ethical source of animal protein in the world: insects. The facility will be one of the most energy-efficient and technologically advanced protein production systems in the world. et al. In 2014, Aspire Food Group commenced a project on developing novel edible-insect farming technologies to address malnutrition and food insecurity in Ghana. A social enterprise that raises insects for human consumption began as an entry in the Hult prize competition, which challenges college students to solve some of the world’s greatest problems. It will employ 60 people. Aspire Food Group manufactures a variety of food products made from crickets. They operate the world's largest cricket production facility, leveraging cutting-edge technologies such as robotics, automation, and machine learning to ensure high-quality protein production. At Aspire, she is responsible for the company’s activity in Ghana, where they farm palm weevil larva, a desired animal protein that is rich in iron and essential fatty acids. She also oversees efforts to Aspire Food Group, based in Austin, envisions a world transformed by insect technology to address the growing population and demand for sustainable food and raw materials. That’s because We are global industry leaders in advanced insect agriculture. 8M and 125 employees. Oct 30, 2021 · Aspire Food Group - which is on a mission to automate and professionalize edible insect farming – aims to start production at a CAD $90m 100,000sqft automated cricket processing facility near Mar 8, 2018 · AUSTIN, TEXAS — Aspire Food Group, a company specializing in edible insect farming technology, has acquired Exo, maker of cricket-based protein bars. May 14, 2025 · Aspire Food Group, the London-based business that produces food proteins from crickets, has been placed in the hands of a receiver. , ("Aspire USA" and, together with Aspire, Aspire Canada, 118 Canada and 867 Canada, the "Aspire Group") acquired for, or used in relation to a business carried on by the Aspire Group, was heard this day at 330 University Avenue, Toronto, Ontario. May 12, 2025 · In July 2020, Aspire Food Group successfully obtained a $8. But they needed someone to help them raise the capital to continue their quest. Aspire breaks ground in London, ON to build world’s largest cricket production facility. May 28, 2025 · Aspire’s Cricket Plant Collapse: Canadians Push Back Against Global Food Agenda The London, Ontario-based Aspire Food Group —once hailed as a global leader in insect protein—has been forced into receivership, defaulting on over $41 million in loans, according to a report by CBC News. We’ll be in touch soon. The company has integrated advanced technologies to establish an efficient and eco-friendly protein production system, with ambitions to operate a facility housing four billion crickets Aspire Food Group is one the pioneers in the field, and has dedicated years into making its product one of the most sustainable, profitable and carbon neutral on the planet. Aspire Food Group Aspire Food Group is a North American company which raises and processes crickets into all-natural, sustainable, superfood ingredients that are nutritionally on par with, or superior to, livestock, cell-cultured, and plant-based alternatives. We are an award-winning social enterprise with a focus on addressing food insecurity and promoting healthier lifestyles using insects as a sustainable, wholesome source of nutrition. Mar 17, 2021 · Abstract While the practice of eating insects was still in its infancy in North America, Aspire Food Group (Aspire), with its Aketta cricket-protein products, was positioned for success in this emerging market. For everyone at Aspire, our long-term vision is to celebrate, innovate, and advance responsible farming and healthy eating of insects. With help from various automation experts, Aspire Food Group automated much of its cricket processing plant. Five students from McGill University bested Aug 28, 2025 · Reviews from Aspire Food Group employees about Aspire Food Group culture, salaries, benefits, work-life balance, management, job security, and more. Learn about their Research & Development, Business Services market share, competitors, and Aspire Food Group's email format. Aspire Food Group is a global food-tech company based in Austin, Texas. Aspire Food Group, Austin, Texas. 21 Aspire Food Group reviews. It operates as a Producing and marketing insects based food as alternative protein source. Aspire Food Group is a company located in Creedmoor, Texas, United states. Aspire Food Production Harnessing the combined powers of technology and nature to unleash the future of sustainable agriculture. 8679398 Canada Inc. Jul 25, 2018 · Aspire: Global Leader in Farming Edible Insects Aspire Food Group 1. Aspire Food Group, an edible insect Mar 13, 2014 · We are no longer an MBA team from McGill University. The Hult Prize has completely flipped our understanding of serving communities in resource-limited settings. Aspire Food Group has raised $53. Mar 21, 2023 · Aspire Food Group is ramping up world’s largest automated cricket production facility, scouting for a second commercial facility About Aspire Food Group Aspire Food Group operates in the insect agriculture industry, focusing on protein production through automated cricket farming. Sep 15, 2025 · Aspire Food Group is a series B company based in Austin (United States), founded in 2013 by Shobhita Soor, Gabe Mott and Mohammed Ashour. Our commitment to relentless innovation, radical rethinking, and superior nutrition is what makes our technology best-in-class. Aug 24, 2020 · While the practice of eating insects was still in its infancy in North America, Aspire Food Group (Aspire), with its Aketta cricket-protein products, was positioned for success in this emerging market. It also raises food-grade crickets on a commercial scale and manufactures a variety of food products made from crickets. We are now Aspire Food Group, a multinational social business start-up with one ambitious agenda: to eradicate food insecurity in urban slums. Aspire Food Group top competitors are Schmieding Produce, Skratch Labs and MycoTechnology and they have annual revenue of $33. . My team, Aspire, developed a social enterprise which targets minimizing food insecurity in the world’s urban slums and were awarded US$1mm in start-up capital at the Hult Prize 2013 Final Round Feb 6, 2018 · Aspire's Aketta Brand Seasoned Crickets After competing in, and ultimately winning, the Hult Prize in 2013, an achievement that granted the company a $1,000,000 win, Aspire Food Group was born; from that venture, the company has moved forward with steadfast determination, cognizant of global food security that brings taste and protein to consumers. Aspire Food Group is where insects meet a growing, hungry world! Learn more about our social enterprise, entomophagy and food insecurity here! May 12, 2025 · In July 2020, Aspire Food Group successfully obtained a $8. Aspire Food Group located at 2450 Innovation Drive, Austin, TX 605 - reviews, ratings, hours, phone number, directions, and more. We do this by pioneering sustainable insect agriculture for the good of all. Aspire’s crickets are sold as an affordable, sustainable and nutritious protein ingredient in both the pet and human food markets. See the full leadership team at Craft. com). Aspire raises $9M in Series A and builds first automated cricket farming facility in Austin, Texas. Oct 18, 2025 · Aspire Food Group manufactures a variety of food products made from crickets. In 2018, having recently acquired Exo, a maker of cricket-based protein bars, Aspire's co-founders faced an important decision regarding the Aketta brand. Construction is expected to start in August 2020 in London’s Innovation Park, where other food processors have set up Mar 28, 2018 · Aspire Food Group’s beginnings are as original as its product. Aspire Food Group serves sectors that require sustainable food sources, such as the alternative protein market. Feb 3, 2025 · London, Ontario – February 3rd, 2025 Aspire Food Group, a global leader in sustainable insect protein and food innovation, is facing a significant new challenge as the United States moves Feb 23, 2023 · When Mohammed Ashour walks into Aspire Food Group’s 150,000 square-foot cricket farm in London, Ontario, he is met with a symphony of chirping—for most people the sound of languid lakeside summers. Aspire raises and processes crickets into all-natural, sustainable, superfood ingredients that are nutritionally on par with, or superior to, livestock, cell-cultured, and plant-based alternatives. May 13, 2025 · Months after it announced layoffs impacting two-thirds of its workforce, Aspire Food Group, the London-based insect agriculture firm specializing in farming crickets for use as protein, has been Nov 12, 2024 · The insect ag startup is facing financial and technical challenges at its new facility in Ontario, Canada. 4aji k6gc sue2 hhvaa ukin gom8hx rhwv kho ctavu tkxh