The foodtech company has secured an undisclosed amount of funding from the Nairobi Business Angel Network to address food insecurity.
Legendary Foods delivers the nutrition of meat at the price and sustainability of plants using insect agriculture made into delicious products. Led by Shobhita Soor, the company produces palm weevil larva, a local delicacy that has been traditionally harvested.
Legendary Foods’ vertical farm system avoids the deforestation practices traditionally used in palm larvae harvesting while ensuring the highest quality larvae. Palm larvae, traditionally widely consumed across West and Central Africa, are a highly nutritional source of protein, good fats, and many essential vitamins. Protein-rich foods like chicken and beef lack shelf stability, making them difficult and expensive to access. Many people, particularly in rural areas, lack sufficient nutrients like protein, iron, zinc and B vitamins, all of which larvae can provide in a shelf-stable format.
The Nairobi Business Angel Network is a group of 80+ business angels that actively support startups with advice, connections and capital. The angel group backs phenomenal founders at the pre-seed and seed stages. The network’s portfolio of investees includes the decentralized platform for running clinical research, Infiuss Health; Ndovu, the micro-investment platform; Fingo, the youth-focused banking service; Zeraki, the digital learning and school data analytics platform, among others.
Source: Nairobi Business Angel Network
