Exo Inc.
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Exo Inc.
Exo is an American insect food company that manufactures protein bars using cricket flour from pulverized house crickets. The products are marketed as a good source of nutrition. History The company was founded by Gabi Lewis and Greg Sewitz in 2013, during their graduate program at the Brown University campus. They first ordered 2000 crickets and worked on some of the prototype recipes from them. They later shifted to New York and worked with Kyle Connaughton, an R&D expert at the Fat Duck restaurant, to make a nutritious protein bar that was also appealing to the palate. Using Kickstarter Kickstarter is an American public benefit corporation based in Brooklyn, New York, that maintains a global crowdfunding platform focused on creativity. The company's stated mission is to "help bring creative projects to life". As of July 2021, ..., the company's founders raised $55,000 in early 2016, exceeding the initial target of $20,000. By March 2016, the company had raised a tot ...
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Insect Food
Insects as food or edible insects are insect species used for human consumption. More than 2,000 insects species worldwide are considered edible. However, a much smaller number is discussed for industrialized mass production and partly regionally authorized for use in food. Common forms of consumption are whole insects on the one hand, and pulverized insects that are used as an ingredient in dishes or in processed food products such as burger patties, pasta, or snacks, on the other hand. Edible insects Frequently consumed insect species Estimates of numbers of edible insect species consumed globally range from 1,000 to 2,000. These species include 235 butterflies and moths, 344 beetles, 313 ants, bees and wasps, 239 grasshoppers, crickets and cockroaches, 39 termites, and 20 dragonflies, as well as cicadas. It is estimated that more than 2 billion people eat insects daily. Which species are consumed varies by region due to differences in environment, ecosystems, and clima ...
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Protein Bar
Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/ fats. Dietary purpose Protein bars are targeted to people who primarily want a convenient source of protein that does not require preparation (unless homemade). There are different kinds of food bars to fill different purposes. Energy bars provide the majority of their food energy (calories) in carbohydrate form. Meal replacement bars are intended to replace the variety of nutrients in a meal. Protein bars are usually lower in carbohydrates than energy bars, lower in vitamins and dietary minerals than meal replacement bars, and significantly higher in protein than either. Protein bars are mainly used by athletes or exercise enthusiasts for muscle building. Protein bar niche In addition to other nutrients, the human body needs protein to build muscles. In the fitness and medical fields it is generally accepted that protein after exercise helps build the muscles used. Whey protein is on ...
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Cricket Flour
Cricket flour (or cricket powder) is a protein-rich powder made from Cricket (insect), crickets, using various processes. Cricket flour differs from true flours made from grains by being composed mainly of protein rather than starches and dietary fiber. Nutritional information Cricket flour contains nutrients such as the nine Essential_amino_acid#Essentiality_in_humans, essential amino acids, calcium, iron, potassium, vitamin B12, B2, and fatty acids. Food safety and processing In Western countries, when raised for human consumption, insects are held to the same safety standards as any other food. Processing can be done either commercially or locally depending on the popularity in a particular region. The process begins with removing the insides of the insect, although this step is optional. Then, they are shipped to become preserved or freeze-dried, which is done by using hessian or polypropylene. After they are completely preserved/dried, they are shipped for storage. Insec ...
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House Cricket
''Acheta domesticus'', commonly called the house cricket, is a cricket most likely native to Southwestern Asia, but between 1950 and 2000 it became the standard feeder insect for the pet and research industries and spread worldwide. They can be kept as pets themselves, as this has been the case in China and Japan. Description The house cricket is typically gray or brownish in color, growing to in length. Males and females look similar, but females will have a needle from the rear, around long. The ovipositor is brown-black, and is surrounded by two appendages. On males, the cerci are also more prominent and house crickets are also omnivores. Diet The house cricket is an omnivore that eats a range of plant and animal matter. Crickets in the wild consume flowers, seeds, leaves, fruits, grasses and other insects (including dead members of their own species). Crickets in captivity will accept fruits (e.g. apples, oranges, bananas), vegetables (e.g. potatoes, carrots, squas ...
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Techcrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual technology event hosted in several cities across United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. As of 2013, TechCrunch was available in English, Chine ...
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Entrepreneur (magazine)
''Entrepreneur'' is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by ''Entrepreneur Media Inc''., headquartered in Irvine, California. The magazine publishes 10 issues annually, available through subscription and on newsstands. It is or has been published under license internationally in Mexico, Russia, India, Hungary, the Philippines, South Africa, and others. Its editor-in-chief is Jason Feifer and its owner is Peter Shea. History Every year since 1979, ''Entrepreneur'' has published a list of its top 500 franchise companies. The magazine also published many other lists and awards, one of the most prominent being the Entrepreneur 360 formed to identify businesses mastering the art and science of growing a business. Companies are evaluated based on the analysis of 50-plus data points organized into five pillars: Revenue and Customers, Managemen ...
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Observer
An observer is one who engages in observation or in watching an experiment. Observer may also refer to: Computer science and information theory * In information theory, any system which receives information from an object * State observer in control theory, a system that models a real system in order to provide an estimate of its internal state * Observer pattern, a design pattern used in computer programming Fiction * ''Observer'' (video game), a cyberpunk horror video game * Observer (''Mystery Science Theater 3000''), a fictional television character * Observers, beings in the television show ''Fringe'' Military * Air observer, an aircrew member * Artillery observer, a front line personnel who directs fire discipline for artillery strikes * Royal Observer Corps, a civil defence organisation, originally tasked with reporting enemy aircraft * Observer, a non-participating officer, or umpire, tasked with observing the actions of soldiers during a field training or military ex ...
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Cricket Flour Energy Bar
Cricket is a bat-and-ball game played between two teams of eleven players on a field at the centre of which is a pitch with a wicket at each end, each comprising two bails balanced on three stumps. The batting side scores runs by striking the ball bowled at one of the wickets with the bat and then running between the wickets, while the bowling and fielding side tries to prevent this (by preventing the ball from leaving the field, and getting the ball to either wicket) and dismiss each batter (so they are "out"). Means of dismissal include being bowled, when the ball hits the stumps and dislodges the bails, and by the fielding side either catching the ball after it is hit by the bat, but before it hits the ground, or hitting a wicket with the ball before a batter can cross the crease in front of the wicket. When ten batters have been dismissed, the innings ends and the teams swap roles. The game is adjudicated by two umpires, aided by a third umpire and match referee in ...
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Brown University
Brown University is a private research university in Providence, Rhode Island. Brown is the seventh-oldest institution of higher education in the United States, founded in 1764 as the College in the English Colony of Rhode Island and Providence Plantations. Brown is one of nine colonial colleges chartered before the American Revolution. Admissions at Brown is among the most selective in the United States. In 2022, the university reported a first year acceptance rate of 5%. It is a member of the Ivy League. Brown was the first college in the United States to codify in its charter that admission and instruction of students was to be equal regardless of their religious affiliation. The university is home to the oldest applied mathematics program in the United States, the oldest engineering program in the Ivy League, and the third-oldest medical program in New England. The university was one of the early doctoral-granting U.S. institutions in the late 19th century, adding masters ...
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Fat Duck
The Fat Duck is a fine dining restaurant in Bray, Berkshire, England. It is run by celebrity chef proprietor Heston Blumenthal. Housed in a 16th-century building that had previously been the site of the Bell pub, the Fat Duck opened on 16 August 1995. Although it originally served food similar to that of a French bistro, it soon acquired a reputation for precision and invention, and has been at the forefront of many modern culinary developments, such as food pairing, flavour encapsulation and multi-sensory cooking. The number of staff in the kitchen has increased from four when it first opened to 42, resulting in a ratio of one kitchen staff member per customer. The restaurant gained its first Michelin star in 1999, its second in 2002 and its third in 2004, making it one of three in the United Kingdom to earn three Michelin stars. It lost its status as a three-starred restaurant in the 2016 guide due to renovation preventing it from being open for assessment. The restaurant ...
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Kickstarter
Kickstarter is an American public benefit corporation based in Brooklyn, New York, that maintains a global crowdfunding platform focused on creativity. The company's stated mission is to "help bring creative projects to life". As of July 2021, Kickstarter has received $6.6 billion in pledges from 21 million backers to fund 222,000 projects, such as films, music, stage shows, comics, journalism, video games, board games, technology, publishing, and food-related projects. People who back Kickstarter projects are offered tangible rewards or experiences in exchange for their pledges. This model traces its roots to subscription model of arts patronage, where artists would go directly to their audiences to fund their work. History Kickstarter launched on April 28, 2009, by Perry Chen, Yancey Strickler, and Charles Adler. ''The New York Times'' called Kickstarter "the people's NEA". ''Time'' named it one of the "Best Inventions of 2010" and "Best Websites of 2011". Kickstarter repo ...
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Series A
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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