Founder and CEO, Algenie
Stories naming Nick Hazell. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Fishburners, the Sydney not-for-profit co-working community, has gone into voluntary administration over a long-running rent debt to the NSW government. KPMG administrators will keep it trading while pursuing a sale and recapitalisation.
Australian meat-alternative firm v2food buys US plant-based chicken company Daring Foods as its US entry; Ajinomoto has invested in v2food and will license-manufacture its products in Asian and African markets.
Australian algae startup Algenie raises A$1.1 million from University of Technology Sydney and Better Bite Ventures while unveiling a thin-layer photobioreactor designed to make algae production dramatically cheaper for fuels, plastics and feed.
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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.
Plant-based meat maker v2food will shut its Wodonga factory and shift production to third parties, while chief operating officer Tim York replaces departing founder Nick Hazell as chief executive.
Sponsored profile of Sydney cultivated meat company Vow, covering its quail-based first product, recent Series A backing, manufacturing plans, and founder George Peppou's upcoming panel appearance at AgriFutures' evokeAG 2023 event.
GrainCorp announces a government-funded 4.4 million dollar plant-protein research partnership with CSIRO and v2food, aiming to build local processing of canola, soy, fava bean and chickpea proteins, with the project due to finish in 2023.
Senators question CSIRO over email exchanges with plant-based protein maker v2food, probing conflicts between the agency's public research role and its equity stake in the company, with fund investment details aired at the hearing.
V2food has closed a €45 million Series B extension led by Astanor Ventures, with ABC World Asia, Huaxing Growth Capital and Main Sequence also taking part, to fund expansion into Europe and Asia.
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Conference report from Melbourne where plant-based and conventional protein advocates debated. Fable Foods' funding round closed, and Michael Fox's earlier shoe startup Shoes of Prey is recalled as collapsed.
A year-end roundup profiling twelve startups to watch in 2020, recalling their 2019 funding rounds, grants, accelerator cohorts, partnerships and growth plans across food tech, legaltech, cybersecurity and other sectors.
Fast food billionaire Jack Cowin has launched v2food, a plant-based meat joint venture with CSIRO's innovation fund Main Sequence Ventures, seeded by his Competitive Foods Australia and led by ex-PepsiCo research director Nick Hazell.
Profile of plant-based meat startup v2food, created through CSIRO and Main Sequence Ventures, with seed backing from Jack Cowin's Competitive Foods Australia. Founder Nick Hazell discusses launch plans and the alternative protein market.