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This startup now has a total of $750 million in funding. They had a Series D round in April, 2023 of $176M. At these amounts, I am not even sure if the "Series" means anything.

Their investors include celebrities like Robert Downey Jr.

How much money will they need to make to make it worthwhile for their investors?

1 posted on 09/13/2024 3:29:39 PM PDT by nickcarraway
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To: nickcarraway

“worthwhile for their investors”

LOL...sure. It will only be worthwhile to the founding team. Everybody else will get washed out.


2 posted on 09/13/2024 3:57:55 PM PDT by ProtectOurFreedom (May the soy boys, feminazis, and alphabet weirdos choke on the toxic fumes of our masculinity)
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To: nickcarraway

The animal feed market is a multi hundreds if billion dollar a year market. Especially feeds for hard to feed animals like ocean predatory fish. Predatory fish need 50+% by mass protein feeds those are usually fish meal based thus defeating the purpose of farmed fish. You are strip mining the ocean of lower food chain fish for apex predators as fish meal it’s clearly not sustainable.

Insects especially larvae form are 60+% complete protein just like animals protein they contain all 9 amino acids in the complete form and spectrum they can replace on a gram for gram basis animal proteins. This is perfect fish food, she’ll fish food, chicken feed, hog feed, ducks ,geese , you name it complete protein is complete protein. Insects turn food wastes into this great protein and there waste is organic top grade compost. These insects can also eat waste grains the stuff not for for humans due to mold or some other reason.

Anyone who has ever kept chickens will know they are big assassins it’s a huge part of their diet naturally, same for hogs they will attack a dung pile with fly.larvae all over it once they get done with the larvae they will.eat the dung too that’s just what pigs do. Fish yeah put a grub worm on a hook and drop it in water over fish it works so well it’s illegal to.trout fish with live grubs. I get the tinfoil quackery with eatzzzzbugs but this is not the case here this company is making animal feed and its desperately needed in the aquatic feed market.


6 posted on 09/14/2024 11:42:57 AM PDT by GenXPolymath
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