Fenn Foods

Six ANZ startups that raised $568.1 million this week

Funding roundup led by Airwallex's US$330 million Series G at a $12 billion valuation, with raises from Kasada, Hnry, All G, Bless Payments and Emanda, plus earlier rounds recalled.

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Breast milk substitution biotech raises $10 million amid French deal for global push

Sydney biotech All G raised $10 million via convertible note from Agronomics, Doehler's venture arm and ID Capital, alongside a joint venture with France's Armor Protéines to push its fermented lactoferrin products globally.

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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.

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.

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.

Melbourne imitation cheese startup raises $21.5m in a seed round

Animal-free cheese maker Change Foods has closed an oversubscribed seed round totalling $21.5 million, led by Route 66 Ventures with Giant Leap and angels, alongside collaboration deals with Upfield and Sigma.

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

The Week in Agrifoodtech: Protix bags $57m for bugs, Endless West gets $60m for molecular spirits

Weekly agrifoodtech deal roundup: insect protein maker Protix raises $57 million, Endless West lands Series C capital, Greenlight Biosciences lists via SPAC, two investment funds close, and numerous startups secure early-stage funding.

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