Flying spark
Financials
Estimates*
ILS | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | - | - | <1m | <1m | - | <1m |
% growth | - | - | - | - | 74 % | - | - |
EBITDA | (1.0m) | (1.0m) | (1.0m) | (2.0m) | (7.0m) | (9.0m) | (9.4m) |
% EBITDA margin | - | - | - | (29002 %) | (58333 %) | - | (58594 %) |
Profit | (1.0m) | (2.0m) | (2.0m) | (2.0m) | (8.0m) | (10.0m) | (11.5m) |
% profit margin | - | - | - | (29002 %) | (66667 %) | - | (71688 %) |
EV / revenue | - | - | - | - | 5127.5x | - | 574.7x |
EV / EBITDA | - | - | - | - | -8.8x | -2.3x | -1.0x |
Date | Investors | Amount | Round |
---|---|---|---|
$750k | Seed | ||
N/A | $500k | Seed | |
€50.0k | Grant | ||
N/A | $1.0m | Series A | |
N/A | Early VC | ||
N/A | N/A | IPO | |
Total Funding | €2.1m |
Recent News about Flying spark
EditFlying Spark is an innovative startup based in Israel that focuses on producing high-quality protein powders from fruit fly larvae. This company aims to provide a healthier and more sustainable alternative to traditional animal protein. By leveraging the rapid growth and short lifespan of fruit fly larvae, Flying Spark can produce protein efficiently and with minimal environmental impact.
The company operates in the food technology market, specifically targeting the growing demand for sustainable and nutritious protein sources. Their primary clients include health-conscious consumers, environmentally aware individuals, and businesses in the food industry looking for sustainable ingredients.
Flying Spark's business model revolves around farming fruit fly larvae on a fruit-based diet, ensuring that no antibiotics, hormones, or pesticides are used. This approach not only makes the protein powder healthier but also significantly reduces greenhouse gas emissions, land use, and water consumption compared to traditional livestock farming.
The company generates revenue by selling its protein powders directly to consumers through its website and partnering with food manufacturers who incorporate the protein into their products. Flying Spark's protein powders are rich in essential minerals, amino acids, and contain no cholesterol, making them an attractive option for those seeking a nutritious and sustainable protein source.
In summary, Flying Spark is revolutionizing the protein market by offering a sustainable, nutritious, and environmentally friendly alternative to traditional animal protein. Their innovative approach and commitment to sustainability position them well in the growing market for eco-friendly food solutions.
Keywords: sustainable, protein, food technology, insect protein, fruit fly larvae, health, nutrition, environment, innovation, eco-friendly.