Skye Blackburn founded Edible Bug Shop in 2007 to introduce edible insects as a sustainable food option in Australia. In 2015, she appeared on Shark Tank Australia and secured a $170,000 deal with Janine Allis for 50% equity, valuing the company at $340,000.

Since then, the business has grown significantly, reaching a net worth of $2.5 million as of 2025, with annual revenue of $500,000. Edible Bug Shop remains active, selling products like cricket protein and roasted insects online.

It also holds the milestone of being Australia’s first farm dedicated to producing insect protein for human consumption.

Edible Bug Shop Net Worth

Net worth$2.5 Million (2025)
Annual Sales Revenue$500,000
InvestorJanine
FounderSkye Blackburn

Edible Bug Shop Pitch on Shark Tank

ProductEdible insect business,
EpisodeSeason 01 Episode 02
FounderSkye Blackburn
Asked for$170k for 20% of Equity
Company nameEdible Bug Shop
Final deal$170k for 50% of equity
SharkJanine
LocationAustralia

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Edible Bug Shop Founder

Edible Bug Shop was founded by Skye Blackburn in 2007. She is an entomologist. She became Australia’s first farmer of insect proteins. Edible Bug Shop’s founder, Skye Blackburn, has a net worth of $500,000 as of 2025.

Key accomplishments

YearAccomplishment
2019Edible Bug Shop is Australia’s first farm of insect proteins.
2015Edible Bug Shop appeared on Shark Tank Australia.

Conclusion

From their beginnings on Shark Tank 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 of Edible Bug Shop and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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