Start-up Swarm gives up

The startup Swarm actually makes protein bars from insects. It has now announced that it did not survive the Corona crisis.

The bad news of the day: the founders of Swarm are calling it quits. On LinkedIn,

the Cologne-based startup shared: "Unfortunately, our financial resources were not enough to lead our vision of a sustainable protein supply through the corona crisis." The founders also failed to convince investors of their vision, Swarm wrote on the career network.

The company, founded in 2015, makes protein bars made from insect meal, among other things. A bar made from crickets has also already made it to the supermarket shelves of Edeka and Rewe, for example. In addition, founders Timo Bäcker and Christopher Zeppenfeld focused on dog food made from insects.