Ledger. Australian venture funding, tracked

Startup · $14.6m raised

Harvest B

Developing plant-based meat ingredient systems for food manufacturers

Sydney, NSW

Coverage

Stories naming Harvest B. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Unnamed stage $2.4m

Breakthrough Victoria, LaunchVic merge under new banner

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.

Also innovationvictoria.com

Series B $45m

Breakthrough Victoria Portfolio Highlights 2025 Funding and Milestones

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

10 deals

Cheque-in: 19 ANZ startups that raised $69 million this week

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

3 deals

Breakthrough Victoria lures Sydney proteins startup Harvest B south in $3.5million pre-Series A

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.

9 deals

19 ANZ startups that raised $66.7 million this week

Also SmartCompany·Startup Daily

7 deals

2024: A year of change and positive impact

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

3 deals

AI startup Cropify raises $2 million to help farmers grade grains with precision

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.

Also SmartCompany·Forbes Australia·SmartCompany

Grant

Manufacturing news briefs — stories you might have missed

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.

Unnamed stage $1.3m

Manufacturing news briefs – stories you might have missed

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.

2 deals

Alberts Impact Ventures: 2023 in review

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

4 deals

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.

4 deals

Spotlight on scaleups: built to scale

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

8 deals

Wet wipes to warehouse tech: Six Australian firms book $2.1 million in government grants to boost next-generation manufacturing

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

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

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