Initial knowledge regarding group size can be crucial for collective performance. We study this relation in the context of the {\em Ants Nearby Treasure Search (ANTS)} problem \cite{FKLS}, which models natural cooperative foraging behavior such as that performed by ants around their nest. In this problem, $k$ (probabilistic) agents, initially placed at some central location, collectively search for a treasure on the two-dimensional grid. The treasure is placed at a target location by an adversary and the goal is to find it as fast as possible as a function of both $k$ and $D$, where $D$ is the (unknown) distance between the central location and the target. It is easy to see that $T=Ω(D+D^2/k)$ time units are necessary for finding the treasure. Recently, it has been established that $O(T)$ time is sufficient if the agents know their total number $k$ (or a constant approximation of it), and enough memory bits are available at their disposal \cite{FKLS}. In this paper, we establish lower bounds on the agent memory size required for achieving certain running time performances. To the best our knowledge, these bounds are the first non-trivial lower bounds for the memory size of probabilistic searchers. For example, for every given positive constant $ε$, terminating the search by time $O(\log^{1-ε} k \cdot T)$ requires agents to use $Ω(\log\log k)$ memory bits. Such distributed computing bounds may provide a novel, strong tool for the investigation of complex biological systems.