Jim Fuller, Michael Fox, Fable Food

Osher Günsberg & ethicist Peter Singer back mushroom ‘meat’ startup Fable Food Co in $12.3 million Series A

- February 9, 2023 3 MIN READ

Queensland meat alternative startup Fable has raised US$8.5 million (A$12.3m) as it  ramps up its expansion in global markets. The round was led by Singapore VC 3 Ventures, supported by Better Bite Ventures, former YUM CEO Greg Creed, the expat Australian ethicist and animal rights campaigner Professor Peter Singer, SaladStop founders Frantz Braha and Adrien… Read more »

milk, dairy
Ag tech

Unlike the udders: cow-free synthetic milk is nearly here

- August 30, 2022 3 MIN READ

The global dairy industry is changing. Among the disruptions is competition from food alternatives not produced using animals – including potential challenges posed by synthetic milk. Synthetic milk does not require cows or other animals. It can have the same biochemical make up as animal milk, but is grown using an emerging biotechnology technique know… Read more »

Grill'd burgers, Fable

From plant-based burgers to insects: the CSIRO’s protein roadmap to where to invest

- April 19, 2022 3 MIN READ

As demand for alternative protein sources grows, Australians are increasingly looking for options that are healthy, sustainable and ethically made. At CSIRO, we have produced a “protein roadmap” to guide investments in a diverse range of new products and ingredients. We believe plant-based patties, lab-made meat and insects are just some of the foods set… Read more »

butcher, abattoir, meat, beef

Feeding the world more protein is a $13 billion opportunity for Australian tech, CSIRO says

- March 22, 2022 2 MIN READ

National science agency CSIRO has produced a technology roadmap for growth in protein production in Australia, believing the opportunity is worth $13 billion. Australian agricultural exports were worth around $50 billion in FY2021, and with that figure predicted to rise by 20% in FY22 to more than $60bn, options beyond beef are seen as the… Read more »

Jan Pacas
Other tech

Clean Energy Finance Corp chips $5 million into $16m seed raise for a new alt-meat contender

- September 6, 2021 2 MIN READ

A new, Sydney-based alternative proteins startup has joined the race for fake meat market share in Australia, raising $16 million in a seed round. Leading the investment in All G Foods was the federal government’s Clean Energy Finance Corporation (CEFC), which chipped in $5 million through its Clean Energy Innovation Fund alongside several prominent angel investors. The… Read more »

Fable food

A VC explains why he backed the new alt-meat startup by Shoes of Prey founder Michael Fox

- August 12, 2021 4 MIN READ

The Intergovernmental Panel on Climate Change report released this week was described as a “code red for humanity”. We’ve been collectively called upon to drastically reduce emissions in order to stabilise rising temperatures that are already beginning to cause natural events of biblical proportions. Meaningful emissions cuts won’t happen unless we come up with strategies… Read more »


Woolies backs meat-free protein startup in $3.5 million raise

- July 14, 2021 2 MIN READ

Sydney plant-based proteins startup Harvest B has raised $3.5 million in seed funding just 12 months after launching. The seed raise was led by Aura Ventures and W23, the venture capital arm of supermarket giant Woolworths. The startup also landed a $1 million grant from the federal government’s Advanced Manufacturing Growth Centre Commercialisation Fund. It… Read more »