Australian Plant Proteins

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 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.

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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.

Meat giant TFI’s $378m move on plant-based food

Adelaide meat processor Thomas Foods International plans a large plant-based protein venture with two partners, backed by federal and state government grants, targeting South Australian manufacturing hubs and thousands of new jobs.

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