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.
Corporate / CVC · 4 deals
Every published round Harvest Road Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Harvest Road Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Rumin8 | 24 Jan 2023, Seed | 2 | 0 | |
| Future Feed | 21 Aug 2020 | 1 | 0 | |
| ProForm Foods | 17 Dec 2021 | 1 | 0 |
Fund closes reported for Harvest Road Group, as distinct from the investments it has made.
Companies Harvest Road Group has backed that another company then bought. An exit for the holding, not a deal Harvest Road Group did.
Stories naming Harvest Road Group. 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.
KPMG insolvency practitioners now run plant-based meat firm Proform Foods, which trades on during a sale process; the piece recalls Harvest Road's 2021 minority stake, reportedly near $5 million.
Q&A with FutureFeed's chief executive on Asparagopsis seaweed as a livestock methane-cutting feed additive: its licensing business, backers, licensees' progress, regulation, research and scaling hurdles.
Paul Slaughter has abruptly left his role as chief executive of WA meat processor Harvest Road, becoming the latest in a series of senior departures from Twiggy Forrest's Tattarang group.
WA climate tech firm Rumin8 closed the second phase of its seed round, raising US$12 million from Breakthrough Energy Ventures and Harvest Road Group, with existing climate fund investors topping up their holdings.
Also SmartCompany·Techboard
Breakthrough Energy Ventures, the fund led by Bill Gates, took part in a $17.24 million round for Perth climate startup Rumin8, whose cattle feed additives cut methane; Prelude Ventures, Aware Super and Harvest Road also invested.
Also Startup Daily·SmartCompany·AgFunderNews·Startup Daily·Startup News (WA)·AgFunderNews·Crunchbase News
Asparagopsis seaweed feed supplement reaches commercial phase in Australia as CH4 Global records first feedlot sales. FutureFeed licenses CSIRO-discovered technology, with Sea Forest and SeaStock also taking orders from beef producers.
Rokt's Series E tops a week of Australian raises including Dovetail, Inventia, DiviPay, Atomi, 6clicks, Replica Studios and ProForm Foods, with SimPro's recent raise noted.
Andrew Forrest's family company Tattarang, via its agri-food venture Harvest Road, has taken a roughly $5 million strategic minority stake in Sydney plant-based meat maker ProForm Foods as it targets international growth.
Australia's Accelerating Commercialisation grants include A$1 million for seaweed startup Sea Forest, with Agscent, Phyllome and Monsoon Aquatics also funded; the article recalls CSIRO and partners pooling A$13 million to launch FutureFeed.
Also RenewEconomy·Beef Central / Grain Central·Beef Central / Grain Central
A South Australian venture farming asparagopsis seaweed near Port Broughton seeks investors, while the article recalls CSIRO's FutureFeed venture, formed with five core investors including GrainCorp, Woolworths, Harvest Road and Sparklabs Cultiv8.
Also AgFunderNews·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Beef Central / Grain Central·AgFunderNews
FutureFeed, a seaweed cattle supplement spun out by CSIRO with backing from GrainCorp, Woolworths and others, has won a US$1 million Food Planet Prize from the Curt Bergfors Foundation for slashing livestock methane emissions.
Also AgFunderNews·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Beef Central / Grain Central·AgFunderNews
CSIRO's seaweed-based cattle feed venture FutureFeed has won the Food Planet Prize and its million-dollar purse, which it plans to spend on first-nations supply-chain participation and rangeland delivery research.
Also AgFunderNews·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Beef Central / Grain Central·Beef Central / Grain Central·AgFunderNews
CSIRO and partners launch FutureFeed, raising A$13 million to commercialize a seaweed livestock feed additive that cuts cattle methane emissions by up to 80%.
Also Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Beef Central / Grain Central·AgFunderNews