Ledger. Australian venture funding, tracked

Founder and CEO, Algenie

Nick Hazell

Coverage

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

News

Sydney Startup Hub rent bill owed to the NSW government pushes Fishburners into administration

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.

Unnamed stage $1.1m

Algenie emerges from stealth with next-gen bioreactor it claims can unlock algae's potential in feed, bioplastics, and fuel

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

3 deals

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.

2 deals

v2food, one of the biggest local names in fake meat, has changed strategy after its founder departed

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.

Funding announcement

Australia's Vow is writing a new narrative for the cultivated meat industry

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.

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