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 |
| Investor | Janine |
| Founder | Skye Blackburn |
Edible Bug Shop Pitch on Shark Tank
| Product | Edible insect business, |
| Episode | Season 01 Episode 02 |
| Founder | Skye Blackburn |
| Asked for | $170k for 20% of Equity |
| Company name | Edible Bug Shop |
| Final deal | $170k for 50% of equity |
| Shark | Janine |
| Location | Australia |
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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
| Year | Accomplishment |
| 2019 | Edible Bug Shop is Australia’s first farm of insect proteins. |
| 2015 | Edible 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.