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 »
Western Australian billionaire and environmental campaigner Andrew Forrest has backed Sydney plant-based proteins company ProForm Foods as it looks to to target international markets. The strategic minority stake – its value was not disclosed but it’s believed to be around $5 million – came through Forrest’s family company Tattarang’s agri-food venture Harvest Road. ProForm Foods is… Read more »
Plant-based protein startup v2food has raised A$72 million in series B-plus with Europe’s largest impact investment fund, Astanor Ventures leading the round. The latest capital injection is to ramp up expansion into China and Europe and scaling its manufacturing. The plant protein joint venture between Hungry Jacks billionaire Jack Cowin and the CSIRO, previously raised… Read more »
Simulate, a New York startup that makes “simulated” chicken nuggets, founded two years ago by Australian Ben Pasternak when he was just 19, has raised US50 million (A$65m) in a series B. The round was led by Reddit co-founder Alexis Ohanian, husband of tennis champion Serena Williams, through his VC fund Seven Seven Six. Ohanian… Read more »
The plant-based mince and burgers developed by the CSIRO-backed alternative protein startup v2food will start hitting the shelves in more than 600 Woolworths stores from today, less than a year after it was first released as the burger in the Hungry Jack’s Rebel Whopper. V2food launched last year in a collaboration between the CSIRO, its… Read more »
Serial entrepreneur Simon Van der Molen says he always knew from a young age that he had a mission to achieve in life. “It just took many years for me to work out exactly what that would be,” he smiles. Today Van der Molen (pictured above) is the founder of Moving Mountains, a globally successful… Read more »
When Mars Australia announced recently that it was backing six local food-focused startups with a $40,000 grant as part of the food giant’s Seeds of Change accelerator, a familiar name popped up among the successful applicants: Michael Fox. Fox co-founded Shoes of Prey, the customised online shoe startup that collapsed in March, costing investors… Read more »
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