Plant-based meats venture ProForm Foods in voluntary administration
KPMG administrators took control of ProForm Foods, the company behind the Meet brand, and the piece recalls earlier raises at v2food and All G Foods as the plant-based sector cools.
CEO · Founder, Fable Food
Stories naming Michael Fox. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
KPMG administrators took control of ProForm Foods, the company behind the Meet brand, and the piece recalls earlier raises at v2food and All G Foods as the plant-based sector cools.
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 maker v2food changed course and is shutting its Wodonga factory after founder-CEO Nick Hazell's departure, with Tim York now chief executive; the story recalls its two Series B raises.
Queensland mushroom-based meat alternative maker Fable Food Co raised a Series A led by K3 Ventures, with celebrity and existing investors, to fund product development and expansion into North America, the UK and Singapore.
Mushroom-based meat alternative maker Fable Food Co has raised a Series A to fund US and UK expansion, with its founder arguing fungi products beat soy and pea protein rivals on taste, price and health.
Australian mushroom-based meat maker Fable Food raised an $8.5 million Series A led by K3, with returning and new backers, to fund product development and expansion into North America, the UK and Singapore.
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Atlassian's Cannon-Brookes, via his family firm Grok Ventures, has invested $200 million in renewables project financier Infradebt days after his AGL bid was rejected; the capital is already funding a Queensland battery project.
Singapore-based climate tech investor Aera VC has held the first close of its new fund and launched a blockchain-focused DAO, with several already-backed portfolio companies named.
Woolworths' corporate venture arm W23 has added an undisclosed multi-million-dollar investment to its backing of Sydney alt-protein maker All G Foods, which had earlier raised a $16 million seed round in late 2021.
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