Flying Spark

Company Overview

Snapshot

Founded in May 2015 by Eran Gronich, Flying Spark operates with 11–50 employees. The company has raised a total of $10.47M across 8 funding rounds from 4 investors. Flying Spark went public on the TASE in March 2021.

Business overview

Flying Spark is an Agriculture & Food Technologies company focused on developing sustainable alternative proteins. The company has engineered a technology to produce animal protein from fruit fly larvae, which can be incorporated into high-value food products for human consumption. Its core product is a cholesterol-free protein powder rich in essential nutrients like iron, calcium, and magnesium, boasting a high essential amino acid profile, high bioavailability, and low glycemic index. Flying Spark's technology optimizes the farming and processing of larvae, transforming a low-cost diet into high-quality protein powders with minimal environmental impact, serving the food and beverage industry.

Strategic signal

In February 2023, Flying Spark announced that it expects to begin phased production at its facility in Thailand. This move signals a critical step towards scaling its fruit fly larvae-derived protein production, indicating a transition from R&D to commercial manufacturing and market expansion in Asia.

Company Intelligence Q&A

When did Flying Spark go public?

Flying Spark went public on the TASE in March 2021.

What was a key strategic development for Flying Spark in February 2023?

In February 2023, Flying Spark announced its expectation to commence phased production at its facility in Thailand, marking a significant step in its operational scale-up.