Exo, a New York-based cricket protein bar startup, secured $1.2m in seed funding.
Backers included Collaborative Fund, Start Garden, and Tim Ferriss.
The company intends to use the funds to scale production, make key hires, and expand its product line.
Co-founded by Greg Sewitz and Gabi Lewis, Exo makes healthy and delicious food products using insect protein. It currently offers four delicious flavors: Cocoa Nut, PB&J, Apple Cinnamon, and Blueberry Vanilla.
The company is one of the four innovative food startups selected for the AccelFoods inaugural class. During the six-month period they spent in the program, Exo received a six-figure investment from the AccelFoods dedicated investment fund, as well as investments from many of its limited partners.