Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
BUG
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Summary== Edible insects are a sustainable, delicious, superfood and BUG is on a mission to take them mainstream. Their recipe kits make it easy to cook tasty insect meals at home β averaged a 30%+ MoM growth rate of meals sold during their beta testing. BUG are looking to scale their delicious grub and become THE brand for edible insects. * Aiming to build the UK's go-to brand for edible insects * Entering Β£1.1bn serviceable addressable market across the UK * Strong core team with connections to Waitrose and Tesco * Recipes showcased by celebrity Chef Prue Leith ==Idea== <vimeo>540062333</vimeo> We are facing a climate crisis. Demand for protein is projected to double in the next 30 years and livestock farming is estimated to already contribute to over 50% of global greenhouse gas emissions. Edible insects offer a solution to a more sustainable food system, as a cleaner, greener and more efficient protein source. Already eaten in over 80% of countries by more than 2bn people, insects arenβt only sustainable but are good for you and incredibly delicious. The problem is, there is currently no easy way to incorporate insects into your diet in the West. BUG is on a mission to change that. Our recipe kits make it easy to cook sustainable, healthy and delicious insect meals at home β showcasing bugs as the delicious and versatile ingredient they are. We will initially sell our kits D2C, but will look to expand into retail and foodservice by 2022. BUG started life as a passion project in 2018, with founders Leo and Aaron buying insects from pet food stores and shooting insect recipe videos out of their garage for fun. Since then, we have developed and tested our kits selling over 1000 meals without any marketing budget, and have been featured by the likes of Prue Leith, The Guardian, The Grocer and Business Insider. We are now raising funds to scale the business and begin getting our delicious grub on dinner tables across the country! ==Team== '''Leo Taylor β CEO, Co-founder''' Leo has a background in design β having designed for a range of health and sustainability-focused food brands selling into the UKβs major supermarkets (Sainsburys, Ocado, Waitrose). Having grown up in South-East Asia, Leoβs insect evangelism started as a child β and persists to this day! '''Aaron Thomas β COO, Co-founder''' Aaron is the teamβs entomologist, previously at the London School of Hygiene and Tropical Medicine, researching new technology for insect and disease control and leading the operations to bring them to market. Before BUG, Aaron made insect burgers out of his kitchen selling to his local community. '''Will Dickinson β CFO, Chief Food Officer''' Will was Head Development Chef at a leading food manufacturer, designing the recipes and ready meals for major supermarkets including Waitrose, Co-op and Tesco. '''Donna Egan β Advisor''' Donna brings Marketing and General Management expertise, with previous senior roles at meal kit company Gousto, Colgate Palmolive and American Express. '''Ben Cooper β Advisor''' Ben is a former C-Suite executive in the financial services sector and is now an entrepreneur, angel investor and advisor to both start-up and scale-up firms. '''Alvaro Baudet β Advisor''' Alvaro is a Strategy and Operations advisor working with SMEs and large multinational corporations β such as Procter & Gamble and Ernst & Young. [[Category:Thesis]] [[Category:Equities]] __INDEX__
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)