Bug Bakes Net Worth 2024 Update (Before & After Dragons’ Den)
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 |
| Profits | N/A |
| Lifetime sales | N/A |
| Investor | Touker Suleyman |
| Founder | Ross Lamond |
| Employees | 5 |
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 name | Bug Bakes |
| Product | Insect Protein Dog Food |
| Episode | Season 17 Episode 11 |
| Founder | Ross Lamond |
| Asked for | £50,000 For 10% Equity |
| Final deal | £50,000 For 50% Equity |
| Dragon | Touker Suleyman |
| Location | UK |
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:
| Year | Accomplishment |
| 2016 | Founded Bug Bakes |
| 2020 | Appeared 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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