This transaction will enable Flying Spark to move ahead with its insect growing and processing capabilities in Thailand and dedicate efforts toward cost reduction and process improvements.
Thai Union Group PCL, Bangkok, announced plans to invest in Flying Spark Ltd., an Israel-based alternative protein startup.
The announcement includes both a strategic partnership and investment to promote larval insect protein as a highly sustainable, highly nutritious contender in the alternative protein market. This collaboration joins Thai Union’s production capabilities and global reach with Flying Spark’s innovative technology in creating a sustainable protein offering.