Startup · $7.4m raised
Every investor coverage indicates participated in a round McCain Foods raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency (ARENA) | Grant | $7,380,000 |
Every published round McCain Foods 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Simulate | Series B | 9 Jun 2021 | $65m | Participant | Startup Daily, SmartCompany |
Companies McCain Foods has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Simulate | 9 Jun 2021, Series B | 1 | 0 |
Fund closes reported for McCain Foods, as distinct from the investments it has made.
Companies McCain Foods has backed that another company then bought. An exit for the holding, not a deal McCain Foods did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of McCain Foods is recorded as having been acquired. | ||||
Companies McCain Foods acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming McCain Foods. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA grants more than $12 million to McCain Foods, Sugar Australia and Blackmores for projects replacing gas-fired heat with electric systems at their Victorian plants.
Also RenewEconomy
New York faux-chicken nuggets maker Simulate, founded by Australian Ben Pasternak, raised a US$50 million Series B led by Alexis Ohanian's Seven Seven Six, with McCain Foods returning; earlier seed and Series A rounds are recalled.
Plant-based food startup Simulate has raised a $65 million Series B led by Alexis Ohanian's Seven Seven Six, with Ohanian joining its board, as the Aussie-founded company scales Nuggs and enters Canada.
Also Startup Daily