Ledger. Australian venture funding, tracked

Company

Australian Plant Proteins

Horsham, VIC

Coverage

Stories naming Australian Plant Proteins. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

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.

6 deals

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

3 deals

Federal government awards $20 million grant for Adelaide satellite manufacturing hub

Canberra is putting $20 million from its Modern Manufacturing Initiative toward a space manufacturing park at Adelaide Airport, adding to state support, while a plant-protein consortium led by Australian Plant Proteins earlier secured $113 million.

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