Flying Spark
Fruit Fly Larvae-derived Protein
Startup Public Agriculture & Food Technologies Est. 2015
Total Raised
$10.47M
Public
Last Round
Undisclosed
8 rounds
Investors
4
4 public
Team
2
11-50 employees
Confidence
100/100
News
18
articles
About
Flying Spark has developed a technology to produce animal protein out of fruit fly larvae, enabling new ways of incorporating larvae protein into high-value food products for human consumption on an industrial scale. The company's protein powder is cholesterol-free and rich in iron, calcium, and magnesium. It also has a high essential amino acid profile, high bioavailability, and low glycemic index. Flying Spark's technology combines the farming and processing of the larvae, creating an efficient biological factory that can transform a low-cost proprietary diet into high-quality protein powders. The larvae have an extremely short lifecycle and rapid growth, making them an affordable source of animal protein. In addition, the process utilizes virtually no water or land and produces neither waste nor greenhouse gas emissions.
Classification
Sector
Climate TechFood & Land UseSustainable ProteinsAgriculture & Food TechnologiesFood TechNovel Food & Ingredients
Core Technology
Biologicals
Target Customer
Agriculture & FoodLivestock
Business Model
B2BB2C
Tags
foodtechinsectsclimate-techagtechbiotechnologyfood-and-beveragefood-securityalternative-protein
Funding & Events
Sep 2017
Non-equity $20K
IKEA Bootcamp
Oct 2019
A Round $1M
Thai Union Group
May 2017
Seed $500K
Crimson Seed Capital
Mar 2021
Exit Undisclosed
Jun 2016
Seed $500K
The Kitchen FoodTech Hub
Feb 2023
PIPE Undisclosed
Thai Union Group
Dec 2015
Seed $750K
The Kitchen FoodTech Hub (Lead)
Apr 2022
PIPE $200K
Intempo Ventures
News (18)
Feb 1, 2023 ยท www.sponser.co.il
Not Identified
ืงื•ื ื” ื–ืžืŸ? ืคืœื™ื™ื ื’ ืกืคืืจืง ืฆืคื•ื™ื” ืœื”ืชื—ื™ืœ ื‘ื™ื™ืฆื•ืจ ืžื“ื•ืจื’ ื‘ืžืคืขืœ ื‘ืชืื™ืœื ื“
Oct 17, 2022 ยท www.calcalist.co.il
growth-positive
ืžืžืฉื™ืš ืœื”ืชืจื—ื‘: ื™ืจื™ื‘ ืœืจื ืจ ืจื•ื›ืฉ ืืช ื”ืฉืœื™ื˜ื” ื‘ื—ื‘ืจืช ื”ืคื•ื“ื˜ืง ืคืœื™ื™ื ื’ ืกืคืืจืง | ื›ืœื›ืœื™ืกื˜
AcquisitionInvestment
Sep 19, 2022 ยท www.maariv.co.il
growth-positive
ืžื“ื™ื ื•ืช ื”ืžื–ืจื— ืžื—ืคืฉื•ืช ืคืชืจื•ื ื•ืช ืœื—ืœื‘ื•ืŸ ืžื”ื—ื™ - ื•ืžืฆืื• ืื•ืชื• ืืฆืœ ืกื˜ืืจื˜ืืค ื™ืฉืจืืœื™ ืฉืžื™ื™ืฆืจ ื—ืœื‘ื•ืŸ ืžื–ื—ืœื™ื
InvestmentExpand
Jan 22, 2022 ยท www.maariv.co.il
growth-positive
ื”ืื•ื›ืœ ืฉืœ ื”ืขืชื™ื“: ื”ืคื™ืชื•ื— ื”ื—ื“ืฉ ืฉื™ื›ื ื™ืก ืืช ื”ื—ืจืงื™ื ืœืžื–ื•ืŸ ืฉืœื ื•
InvestmentExpand
Jun 23, 2021 ยท www.israel21c.org
growth-positive
Would you eat fruit flies? This company is betting on it
InvestmentPublic Trading
Mar 7, 2021 ยท www.globes.co.il
growth-positive
ื‘ืงืจื•ื‘ ื ืื›ืœ ื—ืจืงื™ื? "ืคืœื™ื™ื ื’ ืกืคืืจืง" ื’ื™ื™ืกื” 25 ืžื™ืœื™ื•ืŸ ืฉืงืœ
InvestmentPublic TradingExpand
Feb 15, 2021 ยท www.calcalistech.com
growth-positive
Insect protein company FlyingSpArk to go public at NIS 120 million valuation
InvestmentPublic TradingExpand
Oct 22, 2019 ยท www.prnewswire.com
growth-positive
Thai Union Group Invests in Alternative Protein Startup, Flying Spark
InvestmentPartners
Sep 25, 2019 ยท www.foodnavigator.com
growth-positive
Flying Spark: Mediterranean fruit fly protein attracts Asian investment
PartnersInvestment
Oct 31, 2017 ยท www.jpost.com
growth-positive
https://www.jpost.com/HEALTH-SCIENCE/Israeli-start-up-introduces-hot-new-dish-fruit-fly-larvae-meatballs-510957
Customers
Sep 10, 2017 ยท www.israel21c.org
growth-positive
IKEA chooses Israeli food-tech firm for new accelerator
PartnersInvestment
Aug 2, 2017 ยท www.wired.co.uk
growth-positive
Meatless meat: the startups ditching animals from meat
InvestmentExpand
May 7, 2017 ยท www.israel21c.org
growth-positive
14 disruptive food-tech startups that will change how we eat
InvestmentExpand
Apr 20, 2017 ยท www.fooddive.com
growth-positive
Could oils from fruit fly larvae and algae feed the world?
CustomersPartners
Apr 19, 2017 ยท www.foodnavigator.com
growth-positive
Algae and insects: Are they still the next big ingredients in cooking oils?
Customers
Dec 12, 2016 ยท www.globes.co.il
growth-positive
Israeli startup would feed us fruit fly larvae
CustomersPartners
Jun 2, 2016 ยท www.israel21c.org
growth-positive
Taste what's cooking in The Kitchen food-tech incubator
InvestmentAcquisition
Oct 20, 2015 ยท www.greenprophet.com
Flying Spark food-tech asks, "Do you want flies with that?" - Green Prophet
Details
Product Stage
Released
Employees
11-50
Exact Count
22
Founded
2015
Registrar
515259307
Crunchbase
flying-spark
Locations
Yitzhak Modai St 2, Rehovot, Israel
8RJR+GRQ, Huai Rong, Khao Yoi District, Phetchaburi 76140, Thailand
Links
Website
LinkedIn
Facebook
Careers
Admin
Last Update
Dec 14, 2023
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
markets
Team (2)
Eran Gronich
Co-founder & CEO
Founder
Lee Ben Yosef
VP People