Hargol FoodTech $600,000 raise featured in AgFunder

Editor’s note: News of the Hargol raise appeared in other media: (Chinese: 3pm.hkLuxe.co), (English: AgDaily, crunchbase, Deal Street Asia, Finsmes, Get in the Ring, IVC online, sgsme.sg, TechCrunch, The Straits Times, Yahoo Finance), (Hebrew: Calcalist, Geektime, Globes, Sponser, Talniri), (Russian: Money Maker Group).

Commercial Grasshopper Farmer Hargol Foodtech Raises $600k Seed Round

by Emma Cosgrove, AgFunder (14 July 2017)

Hargol FoodTech grasshoppers in growing facility

Hargol FoodTech grasshoppers in the company’s growing facility in northern Israel.

Israeli grasshopper farming firm Hargol Foodtech has raised $600,000 in seed funding from Sirius Venture Capital in Singapore and SLJ Investment Partners in The Netherlands.

According to founder Dror Tamir, his company is the only active, commercial-scale grasshopper farm in the world and consumer products customers are clamoring to get this traditional protein source. Existing grasshopper cultivation is done in Mexico where some farmers grow crops to attract them. There is also an opaque and sometimes destructive practice of sneaking onto farms to collect grasshoppers, which can damage crops. Read the full interview on AgFunder.

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