Bug Bakes

Bug Bakes, Insect Protein Dog Food, was started by Ross Lamond in September 2016. As of 2024, Bug Bakes net worth is £500,000 and they’re pulling in a whopping £77,700 in annual revenue. 

In March 2020, they appeared on Season 11th of Dragons’ Den UK and made a deal with Touker Suleyman, for £50,000 for 50% of equity. The final valuation was £100,000, down from the founder’s initial estimate of £500,000.

Bug Bakes’ commitment to more sustainable dog food continues with the packaging. They are still in business. You can buy their products on the company website.

Bug Bakes Net Worth

Net worth£500,000
Annual Sales Revenue£77,700
ProfitsN/A
Lifetime salesN/A
InvestorTouker Suleyman
FounderRoss Lamond
Employees5

Bug Bakes Net Worth Timeline

Net Worth 2024£500,000
Net Worth 2022£500,000
Net worth valuation 2020 after appearing on Dragons’ Den  £100,000
Net worth valuation 2020 before appearing on Dragons’ Den  £500,000

Bug Bakes Pitch on Dragons’ Den

Company nameBug Bakes
ProductInsect Protein Dog Food
EpisodeSeason 17 Episode 11
Founder Ross Lamond
Asked for£50,000 For 10% Equity
Final deal£50,000 For 50% Equity
DragonTouker Suleyman
LocationUK

Bug Bakes Founder

Bug Bakes was founded by Ross Lamond in 2016. He was a student at the University of Glasgow. According to pet business world when he learnt to pet food industry makes up a large portion of the meat industry in the UK . Bug Bakes’s founder, Ross Lamond, has a net worth of £100,000 as of 2024.

Key accomplishments:

YearAccomplishment
2016Founded Bug Bakes
2020Appeared on Dragons Den season 17

Conclusion:

From their beginnings on Dragons’ Den to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Bug Bakes and its continued success.

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