Small Giants is a British foodtech startup founded in 2017 by Francesco Majno and Edoardo Imparato that develops insect-based food products. Its core product line comprises three flavours of crackers made with 15% cricket flour, two of which won one star each in the 2020 Great Taste Awards. The company’s main goal is to change perceptions and bring insect-based snacks to the mainstream. The latest investment will be used to develop new products and support expansion in the UK and across Europe. Small Giants announced a funding round totalling around €470K, far exceeding its initial target of roughly €295K. The article cites market projections of a CAGR of over 130% for the insect sector over the next five years and notes EU approvals beginning in June 2021 with Tenebrio molitor (mealworms) for food use.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2021