Startup · $14.6m raised
Developing plant-based meat ingredient systems for food manufacturers
Sydney, NSW
Every investor coverage indicates participated in a round Harvest B raised.
| Investor | Rounds | Invested |
|---|---|---|
| Woolworths | Seed · Pre-seed | - |
| W23 | Seed · Pre-seed · Seed | - |
| Sequoia Capital | Seed | - |
| Mandalay Venture Partners | Seed | - |
| Mandalay VC | Seed | - |
| Investible | Seed | - |
| Industry Growth Program | Seed | - |
| Breakthrough Victoria | Seed | - |
| Australian Government | Grant | $1,000,000 |
| Aura Ventures | Seed · Pre-seed · Seed | - |
| Alberts | Seed | - |
| Advanced Manufacturing Growth Centre | Grant | - |
Companies Harvest B acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Alfred Lo | Chief Commercial Officer · Founder | Startup Daily, Alberts Impact Ventures (20 May 2024), Alberts Impact Ventures (19 Dec 2023), @AuManufacturing (13 Dec 2022), @AuManufacturing (13 Dec 2022), Aura Ventures |
| Juliet Kirby | Product Manager (former) | SmartCompany |
| Keshu Lakhotia | Senior Food Scientist & NPD Lead | @AuManufacturing |
| Kristi Riordan | CEO · Founder | Startup Daily (12 Sep 2025), Startup Daily (12 Sep 2025), SmartCompany, Investible, Alberts Impact Ventures (23 Oct 2024), Alberts Impact Ventures (20 May 2024), Alberts Impact Ventures (19 Dec 2023), @AuManufacturing (20 Nov 2023), @AuManufacturing (11 Aug 2023), @AuManufacturing (6 Aug 2023), @AuManufacturing (1 Aug 2023), @AuManufacturing (13 Dec 2022), Aura Ventures |
| Rumbi Chigiga | Innovations Specialist – Food Science | @AuManufacturing |
Stories naming Harvest B. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Victoria has folded LaunchVic and its Breakthrough Victoria investment fund into a new body, Innovation Victoria, naming its chair, deputy chair and leader, while recapping agrifood startups the fund has backed.
Breakthrough Victoria highlights portfolio achievements including Amber Electric's forty-five million dollar raise, Bygen and Diag-Nose grants, and Quantum Brilliance series A funding.
Also Breakthrough Victoria·Breakthrough Victoria·RenewEconomy·Startup Daily·RenewEconomy·Dealroom
Weekly roundup covering 19 Australian and New Zealand raises, headlined by Andromeda Robotics' $23m Series A, plus Freckle, Marloo, X-Hemp, Harvest B, Wable, Starboard and Techstars Sydney's 12-startup cohort.
Also SmartCompany
Harvest B, a Sydney-based protein maker, raised a $3.5 million pre-Series A with Mandalay Venture Partners leading and Breakthrough Victoria contributing $2 million, alongside a $2.2 million federal grant and a 2021 seed round.
Breakthrough Victoria is putting $2 million into protein technology company Harvest B, joining a $5.6 million pre-Series A round with Mandalay VC leading and several other backers.
Investible's 2024 review letter highlights its early-stage and climate-tech investing, Club Investible's tenth anniversary event with Canva and Deputy founders, and pitches from Harvest B and Syenta.
Alberts' annual review records its venture arm closing its portfolio at 22 companies, topping up six holdings, co-launching a gender-equity drive, and navigating board changes after Sam Mostyn became Governor-General.
Also Startup Daily
SmartCompany profiles Gentoo.earth, a carbon-removal intelligence platform founded by Juliet Kirby, now scaling from San Francisco; the piece recalls an angel round and undisclosed pre-seed backing including Admiralty Capital Group.
Report of an Alberts-hosted panel on impact investing, featuring seaweed-based plastics maker Uluu and food-tech firm Harvest B, covering climate capital, family offices and diversity initiatives.
Grain-grading AI startup Cropify has landed $2 million, anchored by Brisbane agrifood VC Mandalay Venture Partners with Singapore's Hatcher+ — their first joint deal — while Mandalay's own fund has drawn roughly $27 million in commitments.
Alberts Impact Ventures profiles Harvest B, tracing how its blended plant-and-meat proteins cut cost, fat and emissions, and recalling its own backing of the food tech company.
Manufacturing briefs: milk company results, a biotech shelving US studies, a rare earths R&D incentive, wind zone consultations, land tax anger, a big battery, a food tech centre launch, and a CEO appointment.
Publisher's manufacturing roundup: Anagenics completes a $1.3m placement, Harvest B hires an NPD lead, Great Wrap launches a compostable wrap product, AICRAFT and GoMicro partner on agtech, and Transmutation wins a Telstra business award.
Investor's own year in review: five new portfolio companies, a follow-on into ULUU, the Verve Super exit, the Equity Clear gender-reporting initiative, a first founders' retreat, and a sweep of awards for portfolio companies.
Also OIF Ventures portfolio·Alberts Impact Ventures portfolio·Alberts Impact Ventures portfolio·SmartCompany·Startup Daily·SmartCompany·Women's Agenda·Crunchbase News
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.
Feature on Australian manufacturing scaleups profiles The Hygiene Co, Harvest B and Gilmour Space, recounting past raises and founders' views on capital raising, ecosystems and government procurement, plus comment from Breakthrough Victoria.
Also Blackbird Ventures portfolio·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Feature arguing Australia needs more scaleup manufacturers, featuring interviews with Gilmour Space, Breakthrough Victoria and Harvest B, set against the nation's declining economic complexity ranking.
Six Australian manufacturers received more than $2.1 million in federal grants from AMGC's Commercialisation Fund, with individual awards going to Hygiene Co, Laronix, Provectus Algae, Process Plants International, Vypex and OptoTech.
Also @AuManufacturing·SmartCompany·Startup Daily·@AuManufacturing
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
Aura Ventures' thesis post explains its plant-based protein outlook and announces co-leading Harvest B's pre-seed round alongside Woolworths' venture arm W23.