Midgard Farms - About the company
Midgard Farms is a deadpooled company based in Halifax (Canada), founded in 2016 by Joy Hillier. It operates as an Integrated business for cultivation and processing of insects. Midgard Farms has raised an undisclosed amount in funding from Dane Creek Capital Corp. The company has 207 active competitors, including 48 funded and 9 that have exited. Its top competitors include companies like InnovaFeed, Ynsect and nextProtein.
Company Details
Midgard Farms is an integrated business which is currently developing a farming facility for insect cultivation and processing. The company has its farm located in Windsor, Nova Scotia and cultivate 4 million Gryllodes sigillatus crickets from hatch till harvest every six weeks. Its product portfolio includes ground cricket flour as pet food, and cricket manure or ‘frass’ for plants.
- Website
- mymidgard.com
- Social
Key Metrics
Founded Year
2016
Location
Halifax, Canada
Stage
Deadpooled
Latest Funding Round
Investors
Ranked
130th among 207 active competitors
Employee Count
1 as on Apr 30, 2026
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Midgard Farms's funding and investors
Midgard Farms has raised funding over 1 round. Its latest funding round was a PE round on Apr 26, 2017 for $*****. 1 investor participated in its latest round. Midgard Farms has 2 institutional investors.
Here is the list of recent funding rounds of Midgard Farms:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 26, 2017 | 1166246 | PE | 9090591 | 2061851 | 1999219 | 2058751 |
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Midgard Farms' founders and board of directors
Founder? Claim ProfileThe founders of Midgard Farms is Joy Hillier.
Here are the details of Midgard Farms' key team members:
- Joy Hillier: Founder of Midgard Farms.
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Midgard Farms' employee count trend
Midgard Farms has 1 employees as of Apr 26. Here is Midgard Farms's employee count trend over the years:
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Midgard Farms's Competitors and alternates
Top competitors of Midgard Farms include InnovaFeed, Ynsect and nextProtein. Here is the list of Top 10 competitors of Midgard Farms, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | InnovaFeed 2015, Evry Courcouronnes (France), Series D | Insect producer for animal and plant nutrition, building a sustainable food system | $538M | 63/100 | |
2nd | Pioneering insect-based solutions for sustainable food, feed, and plant nutrition | $625M | 58/100 | ||
3rd | nextProtein 2015, Paris (France), Series B | Sustainable insect protein for animal feed, addressing resource scarcity | $33.3M | 56/100 | |
4th | Manufacturer of insect based protein products and recombinant protein platforms | $6.65M | 56/100 | ||
5th | Manufacturer of insect-based products for animal feed, plant nutrition, and bio-industrial uses | $32.4M | 52/100 | ||
6th |  Inseco 2017, Cape Town (South Africa), Acquired | Insect protein company converting waste into sustainable ingredients for various industries | $5.2M | 51/100 | |
7th | Provider of insect-based solutions for feed, food, and farming applications | $126M | 51/100 | ||
8th | Breeding technology for insects | - | 47/100 | ||
9th | Manufacturer of precision-engineered smart protein formulations and functional feed solutions for animal health | $6.45M | 47/100 | ||
10th |  GreenGrahi 2021, Delhi (India), Seed | Provider of insect-based products for animal nutrition, plant nutrition, and biomedical | $3.38M | 46/100 | |
130th | Midgard Farms 2016, Halifax (Canada), Deadpooled | Integrated business for cultivation and processing of insects | - | 20/100 |
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Midgard Farms's Investments and acquisitions
Midgard Farms has made no investments or acquisitions yet.
Reports related to Midgard Farms
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