All G Foods

v2food buys up US company Daring Foods for undisclosed amount

Australian plant-protein maker v2food bought US plant-based chicken firm Daring Foods and struck a partnership with Japan's Ajinomoto, price undisclosed. The page also recalls v2food's $77 million Series B and local industry failures.

Plant-based meats venture ProForm Foods in voluntary administration

KPMG administrators took control of ProForm Foods, the company behind the Meet brand, and the piece recalls earlier raises at v2food and All G Foods as the plant-based sector cools.

Homebrand ventures: Woolies goes global with its VC fund in partnership with international grocers

Woolworths and four international grocers are behind global venture fund W23 Global, each putting in US$25 million, with Ingrid Maes as CEO. The original Australian W23 fund backed Eucalyptus, All G Foods and Longtail UX.

Burgers and acquisitions: All G Foods spins out plant-based meats in merger with Fenn Foods

All G Foods spins its Love Buds plant-based range into a merger with Fenn Foods' vEEF, forming a new entity; All G pivots to fermented dairy, with both companies' earlier raises recapped.

FUNDED August 2022

Techboard's monthly roundup tallies August 2022 private funding at $207m across 22 deals, listing the month's raises, BlackRock's acquisition of Akaysha Energy, One Click Life's reverse takeover listing, and several fund closes.

Also Startup Daily

Lab-grown milk start-up raises $25m

Dairy alternative maker All G Foods has raised $25 million, led by UK-based Agronomics, to scale production of its lab-grown milk through precision fermentation.

Also AgFunderNews·SmartCompany·Startup Daily·Techboard·Startup Daily·@AuManufacturing

Plant-based meat and dairy product consumption up 14 per cent in 2020/21: ABS

ABS data shows Australians consuming more plant-based meat and dairy substitutes, alongside recent capital raises by alternative protein startups and large government grants for a South Australian legume protein project.

Also SmartCompany·@AuManufacturing·@AuManufacturing·Startup Daily·@AuManufacturing·@AuManufacturing·@AuManufacturing

“Tipping point”: New Aussie accelerator to help fuel a boom in plant-based meats

SmartCompany covers the launch of PlantForm, a local accelerator for plant-based meat ventures, and rounds up recent sector raises by Change Foods, Fenn Foods, Eighth Day Foods and All G Foods.

Asia Pacific alt-protein funding almost doubled last year, but region trails on fermentation: GFI

GFI APAC reports Asia-Pacific alternative protein funding rose 92% in 2021 to $312 million, lagging in fermentation; Australian companies dominated that subsector, while Oatly's IPO and major cultivated meat rounds reshaped global rankings.

Fake meat startup All G scores bigger Woolies backing

Woolworths' corporate venture arm W23 has added an undisclosed multi-million-dollar investment to its backing of Sydney alt-protein maker All G Foods, which had earlier raised a $16 million seed round in late 2021.

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