Ledger.

Corporate / CVC · 4 deals

Harvest Road Group

Coverage

Stories naming Harvest Road Group. 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.

Unnamed stage ~$5m

Plant-based meat maker Proform Foods falls into voluntary administration

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.

Also Beef Central / Grain Central·Startup Daily

Funding announcement

Red seaweed was billed as a gamechanger for livestock methane reduction… so when will it deliver?

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.

2 deals

Bill Gates, Twiggy invest in methane-reducing feed additive company

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

Seed $17.2m

Bill Gates fund invests in Perth startup slashing cow farts in Australian-first

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

News

Methane-reducing seaweed additive now commercially available for beef producers

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.

9 deals

Rokt raises $458 million, as Aussie startups continue to cash in

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.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily

5 deals

Cattle seaweed supplement, pregnancy test get Australian government funding

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

Unnamed stage

Methane-reducing red seaweed farming venture seeks investors

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

2 deals

Million-dollar planet prize for CSIRO FutureFeed seaweed innovation

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

2 deals

Methane busting cow feed wins $1 million global prize

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

Unnamed stage $13m

EXCLUSIVE: CSIRO, Woolworths unveil FutureFeed, a seaweed supplement that cuts cow methane by 80%

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

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