Founder and CEO, Algenie
Stories naming Nick Hazell. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Fishburners, the Sydney not-for-profit co-working community, has gone into voluntary administration over a long-running rent debt to the NSW government. KPMG administrators will keep it trading while pursuing a sale and recapitalisation.
Australian meat-alternative firm v2food buys US plant-based chicken company Daring Foods as its US entry; Ajinomoto has invested in v2food and will license-manufacture its products in Asian and African markets.
Australian algae startup Algenie raises A$1.1 million from University of Technology Sydney and Better Bite Ventures while unveiling a thin-layer photobioreactor designed to make algae production dramatically cheaper for fuels, plastics and feed.
Also SmartCompany
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.
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.
Plant-based meat maker v2food will shut its Wodonga factory and shift production to third parties, while chief operating officer Tim York replaces departing founder Nick Hazell as chief executive.
Sponsored profile of Sydney cultivated meat company Vow, covering its quail-based first product, recent Series A backing, manufacturing plans, and founder George Peppou's upcoming panel appearance at AgriFutures' evokeAG 2023 event.
GrainCorp announces a government-funded 4.4 million dollar plant-protein research partnership with CSIRO and v2food, aiming to build local processing of canola, soy, fava bean and chickpea proteins, with the project due to finish in 2023.