Startup · $178m raised
Adelaide, SA
Every investor coverage indicates participated in a round Thomas Food International raised.
| Investor | Rounds | Invested |
|---|---|---|
| Federal Government | Grant | $113,000,000 |
| Modern Manufacturing Initiative | Grant | - |
| South Australian Government | Grant | - |
| State Government | Grant | $65,000,000 |
Companies Thomas Food International 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 |
|---|---|---|
| Darren Thomas | Managing Director | SmartCompany (24 May 2024), SmartCompany (23 May 2024), @AuManufacturing (25 Jul 2022), @AuManufacturing (1 Mar 2022) |
Stories naming Thomas Food International. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup listing seven Australian startups and their raises, totalling $17.7 million across AI, packaging materials, fintech, digital health, music licensing, construction software and swimwear.
Also Startup Daily
Compostable packaging maker Great Wrap raised $5 million backing its distribution partnership with Opal ANZ; new backers include Aryna Sabalenka and RCV Partners, with follow-ons; its $24 million Series A is recalled.
Sustainable packaging firm Great Wrap has closed a $24 million Series A, combining equity from Darren Thomas and Woolworths' W23 with asset finance, to build a potato-waste bioplastics facility in Victoria.
Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany
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
Adelaide meat processor Thomas Foods International plans a large plant-based protein venture with two partners, backed by federal and state government grants, targeting South Australian manufacturing hubs and thousands of new jobs.
Also @AuManufacturing