Ledger.

Startup · $18.8m raised

Fable Food Co

Sunshine Coast, QLD

Coverage

Stories naming Fable Food Co. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

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.

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.

2 deals

Fable Food Co’s founder on $12 million raise, US expansion, and why shrooms trump all alt meats

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.

Also Startup Daily·AgFunderNews

4 deals

Mike Cannon-Brookes tips $200 million into renewables finance company Infradebt

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.

Also TechCrunch Venture·Crunchbase News·TechCrunch Venture·Startup Daily·Startup Daily·Startup Daily·TechCrunch Venture

2 deals

Fake meat startup All G scores bigger Woolies backing

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.

Also Startup Daily·AgFunderNews·@AuManufacturing·SmartCompany·Startup Daily·SmartCompany·Startup Daily

Funding announcement

Mike & Annie Cannon-Brookes just turned Grok Ventures into Australia's first $1 billion VC fund to invest in climate tech

Startup Daily reports the Atlassian co-founder and his wife have pledged a billion dollars via their family firm Grok Ventures to climate-focused startups, plus half a billion to philanthropy.

11 deals

The startup funding round: Hospitality tech, Kiwis going global, and Blumenthal's bet on plant-based meat

Roundup of recent raises: a New Zealand legaltech Series A, plant-based meat seed funding with a celebrity chef tie-in, hospitality software capital, and battery materials funding, plus board additions.

Also TechCrunch Venture·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Venture·Startup Daily

Seed $6.5m

A VC explains why he backed the new alt-meat startup by Shoes of Prey founder Michael Fox

Aera VC co-founder Derek Handley explains why the firm joined Fable Food Co's seed round, citing the Brisbane shiitake-mushroom meat alternative startup's retail traction, low-carbon product and experienced founding team.

Also Startup Daily·AgFunderNews·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·AgFunderNews

3 deals

Blackbird Monthly, Edition 02, 2020

Blackbird's February newsletter reports new investments in Roborigger and Dovetail plus Process Street's Series A, alongside portfolio updates, a founder spotlight and hiring notices.

Also Blackbird Ventures portfolio

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