Founded Year
2014Stage
Acquired - II | AcquiredTotal Raised
$5.3MAbout Exo
Exo is a provider of insect-based protein - a revolutionary and sustainable alternative protein source. Exo's all-natural cricket-flour protein bars are developed by a three-Michelin-star chef and are made with simple, whole ingredients. On September 16, 2021 Exo was acquired by Hoppy Planet Foods. The terms of the transaction were not disclosed.
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Research containing Exo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Exo in 1 CB Insights research brief, most recently on Aug 9, 2021.
Expert Collections containing Exo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Exo is included in 3 Expert Collections, including Food & Beverage .
Food & Beverage
2,802 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Alternative Proteins
408 items
This Collection includes B2B and B2C companies developing alternatives to animal-derived proteins, including plant-based meat, dairy alternatives, lab-grown or cultured meat, and fermented proteins.
Wellness Tech
1,370 items
We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.
Exo Patents
Exo has filed 52 patents.
The 3 most popular patent topics include:
- medical imaging
- medical ultrasonography
- transducers

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
3/1/2019 | 11/28/2023 | Medical ultrasonography, Medical equipment, Medical imaging, Medical physics, Medical equipment manufacturers | Grant |
Application Date | 3/1/2019 |
---|---|
Grant Date | 11/28/2023 |
Title | |
Related Topics | Medical ultrasonography, Medical equipment, Medical imaging, Medical physics, Medical equipment manufacturers |
Status | Grant |
Latest Exo News
Nov 16, 2023
November 16, 2023 Rating saved SANTA CLARA, Calif.--(BUSINESS WIRE)--Exo (pronounced “echo”), a pioneering medical imaging software and devices company, today released its 2023 Survey Report: Unlocking Point-of-Care Ultrasound. Based on a survey of more than 150 U.S.-based physicians, the report uncovers trends related to point-of-care ultrasound (POCUS) adoption and use—such as challenges with existing solutions, their perceived value of handheld POCUS devices, and the impact of new innovations such as artificial intelligence (AI) on medical imaging and ultrasound expansion into primary care.POCUS provides immediate medical answers that caregivers need for diagnosis and treatment, but adoption still hasn’t become widespread across the care continuum. Exo’s 2023 survey uncovers reasons for this slowdown, and what respondents see could accelerate widespread adoption. A few of the key findings in the survey report include: POCUS adoption has stalled due to a lack of infrastructure The top challenges caregivers face with their current POCUS solutions are poor image quality and integrating the device with hospital IT such as PACS or electronic health records (EHR). As a result, caregivers struggle to get trained on POCUS, and when they are trained, they have to use complicated processes for documenting, storing and billing exams. The survey found that only 68% of ultrasound exams are documented, meaning that performed scans aren’t showing up in patient records, which could risk compliance and legal exposure. Of those who said their POCUS exams were documented, only 50% cited that those exams were actually billed – indicating a significant loss of revenue for health systems. A lack of connected infrastructure for ultrasound devices can have rippling impacts on the wider health system. To address this challenge, facilities must have an end-to-end solution, not a device-only approach, for their medical imaging needs. Handheld POCUS can improve care for underserved communities Because handheld POCUS devices are simpler to use and cost less than cart-based systems, they solve a critical need in providing access to medical imaging that can help diagnose and treat patients sooner. This may be why an overwhelming 88% of surveyed respondents believe handheld POCUS availability will moderately or significantly increase POCUS adoption. Furthermore, the World Economic Forum has shared that more than half [1] of the world’s population does not have access to essential health services, which includes medical imaging. The portability of handheld POCUS has the potential to be leveraged everywhere – in the back of an ambulance, in a rural community, or in the home – which leads to better patient outcomes and an improved caregiver experience, all at the point of care. 1(current)
Exo Frequently Asked Questions (FAQ)
When was Exo founded?
Exo was founded in 2014.
Where is Exo's headquarters?
Exo's headquarters is located at 68 3rd Street, Brooklyn.
What is Exo's latest funding round?
Exo's latest funding round is Acquired - II.
How much did Exo raise?
Exo raised a total of $5.3M.
Who are the investors of Exo?
Investors of Exo include Hoppy Planet Foods, Aspire Food Group, AF Ventures, Tim Ferris, Collab+Currency and 8 more.
Who are Exo's competitors?
Competitors of Exo include Livin Farms, Aspire Food Group, Entomo Farms, Chapul, Flying Spark and 7 more.
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Compare Exo to Competitors
Flying Spark is a company focused on sustainable food technology, operating in the alternative protein industry. The company's main product is a protein powder derived from fruit fly larvae, offering a sustainable and efficient alternative to traditional animal proteins. This protein powder is primarily marketed to the human food, pet food, aquaculture, and cosmetics industries. It was founded in 2015 and is based in Ashdod, Israel.

Chirps Chips provides insect-protein-based sustainable food. The company uses crickets milled into flour to make high-protein tortilla chips. It was founded in 2013 and is based in San Francisco, California.

Livin Farms is a company focused on the development of insect rearing technology, operating within the agricultural and waste management sectors. The company offers end-to-end insect farming services, transforming organic waste into insect feed through their proprietary technology. Their main customers are within the industrial sector. It was founded in 2018 and is based in Wien, Austria.

Chapul is a company focused on the introduction of cricket protein as a sustainable and nutritious alternative protein source in the food industry. The company's main offering is cricket protein products, designed to provide an environmentally friendly and healthy protein option. Chapul primarily sells to the food and health industry. It was founded in 2012 and is based in Salt Lake City, Utah.

Critter Bitters offers cocktail bitters made with toasted crickets.

Jimini's is a company that focuses on the production of edible insect-based products, operating in the food industry. The company offers a range of products including granolas, energy bars, whole seasoned insects, and pasta, all made from 100% European insects. These products are designed to be both nutritious and environmentally friendly. It is based in Maubourg, France.
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