16 April 2020
Hargol Foodtech completed a financing round of $3 million from existing shareholders, Singaporean-based Sirius Venture Capital and Netherlands-based SLJ Investment Partners.
Hargol FoodTech a world leader in commercial grasshopper farming has developed an innovative farm system for high-quality and sustainable grasshopper protein production. Edible insects are gaining momentum as a high-protein, low-cost alternative that is efficient to produce and requires minimal resources compared to other protein-rich foods.
The funds raised in this round will be used to expand Hargol’s production capacity including a new production facility and launch the Biblical Protein products line.
News of the Agroscout raise appeared in Globes, Calcalist, Food Navigator, The Spoon, Yahoo Finance, CityBizList, FINSMS, The Shift, Foodbev, Serendeputy, Protein Report, Venture Capital Journal and Deal Street Asia
With incredible interest from the market in our new line of theological food products – Biblical Protein – we are excited by the opportunity to offer a combination of modern, healthy and sustainable innovative food products that are connected to humanity’s origin.
Hargol FoodTech CEO Dror Tamir
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