Ledger.

Startup · $130.4m raised · Agriculture and food

Vow

Cultured meat and novel food products grown from animal cells

Sydney, NSW

Coverage

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

10 deals

The Week in AgriFoodTech: Colossal Biosciences raises $200m, Chipotle invests in methane reduction

Weekly agrifoodtech digest: Colossal Biosciences' mammoth-de-extinction raise, Formo's venture debt, NatureMetrics' Series B, Chipotle's corporate bets, two agri fund closes, two acquisitions, and a cultivated-meat startup's layoffs.

6 deals

Four Aussie startups that raised $28 million this week

Weekly roundup of four Australian startup raises: Kismet's $20m seed extension, Primary's $3.5m seed round, Willed's $3m from Seven West Media, and East Forged's $1.5m from a Vietnamese agribusiness's venture arm.

Seed $3.5m

Sydney fintech Primary raises $3.5m seed round

Sydney cash-management startup Primary has completed a $3.5m seed round backed by Carthona Capital and five other funds, with Carthona partner Damian Fox set to join its board.

Also SmartCompany

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

News

Vow becomes third company to launch cultivated meat, but it isn’t starting with chicken nuggets…

Vow launches a quail-derived cultivated meat product through Singapore's upscale restaurants; its CEO explains the premium-first strategy, unit economics and its $56m backing, with Australian regulatory approval expected late 2024.

7 deals

The Week in AgriFoodTech: Ag marketplace Vegrow lands $46m, Yara acquires fertilizer business, Chipotle invests in ag robotics

Weekly agrifoodtech digest: Vegrow's Series C headlines several raises, alongside two acquisitions, a Swiggy board appointment, Chipotle's accelerator investment and cultivated meat developments.

Exit / M&A

Revealed: Top 20 startups in Australia

LinkedIn's seventh annual ranking of Australia's top startups puts Immutable first and Harrison.ai second; the piece also notes me&u's recent merger with Mr Yum and the Tran brothers' three-year fundraising tally.

Also Startup Daily

8 deals

The Week in AgriFoodTech: Local Bounti lands $145m, Momofuku Goods bags $17.5m, Vow's 'mammoth' meatball

Weekly agrifoodtech roundup reporting funding for Momofuku Goods, STEER, Cauldron, EV Biotech, Extracellular, Quisto, Local Bounti and Agreena, the shutdown of New Age Eats, and partnership and product news including Vow's mammoth meatball.

Also AgFunderNews

7 deals

The Week in AgriFoodTech: Chromologics raises $7.5m, Next Gen Foods dabbles in alt-dairy, Amazon shutters Go stores

Weekly roundup of agrifoodtech news: funding for Chromologics, BelliWelli, Hectare and others, acquisitions by Next Gen Foods and Pessl Instruments, product launches, and Australian cultivated meat firm Vow beginning its regulatory process.

Also SmartCompany

Funding announcement

Australia's Vow is writing a new narrative for the cultivated meat industry

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.

13 deals

What venture capital funds expect in 2023

Australian venture investors AirTree, Blackbird, Square Peg and OneVentures review their 2022 deployment and fund raises and predict capital efficiency, venture credit, consolidation and selective funding will shape 2023.

Also Blackbird Ventures portfolio·Virescent Ventures·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·RenewEconomy·TechCrunch Venture·Forbes Australia

9 deals

Cultured meat, seaweed and death tech: 10 startups we’re watching in 2023

SmartCompany profiles ten Australian startups to watch in 2023, recapping recent funding rounds, one acquisition, and pitch-event and awards results across insurtech, gaming, biotech, death tech and freight.

Also SmartCompany

16 deals

FUNDED November 2022

Techboard's monthly roundup reports November 2022 Australian private funding of roughly $678 million across 38 deals, listing closed raises by Vow, Samsara Eco, Advanced Navigation and others, Sprint Ventures' first fund close, and rounds still open.

Also SmartCompany

12 deals

The Week in Agrifoodtech: Muncher grabs $27m for ghost kitchens, Freight Farms lands $17.5m

Weekly agrifoodtech roundup: funding for Muncher, Vow, Freight Farms and others, a grant to GreenPod Labs, Bayer buying Targenomix, Bunge and Advanta taking SEEDCORP|HO stakes, and Deliveroo and Voly shutting down.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Forbes Australia

3 deals

Manufacturing news briefs – stories you might have missed

Manufacturing roundup: Vow, Ofload and Vaxev each raise new capital; Ofload buys CIA Logistics; Quickstep upgrades its outlook; Pawsey's Setonix earns green computing honours; Australia backs shipping and plastics pledges.

Series A $73.4m

Cultured meat startup Vow raises $73 million and launches its first high-end culinary brand

Australian cultured meat company Vow has raised a Series A led by Blackbird and Prosperity7 Ventures, funding a second factory and the Singapore launch of Morsel, its fine-dining brand.

Also Startup Daily·@AuManufacturing·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·Women's Agenda

Series A $49.2m

Brief: Vow lands $49.2m ahead of its cultivated quail launch in Singapore restaurants

Cultivated meat maker Vow raised a Series A to fund product development, manufacturing expansion and hiring as it prepares to launch its quail product in Singapore restaurants.

Also TechCrunch Venture·TechCrunch Venture·TechCrunch Venture·AgFunderNews·AgFunderNews·AgFunderNews·TechCrunch Venture

17 deals

The Week in Agrifoodtech: The Rounds bags $38m for waste-free e-grocery, Jay-Z invests in pizza robot startup Stellar

Weekly roundup of agrifoodtech venture raises across food and agtech, plus JBS shutting its Planterra alt-protein division and Australian startup Optomni's seed round.

19 deals

2021 wrapped: a record-breaking year for fundraising and growth

Square Peg Capital's year-in-review recaps its 2021 portfolio: raises it led or joined, SPAC listing decisions, Vend's acquisition, new investment-team hires, and its newsletter and podcast output.

Also Startup Daily·RenewEconomy·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Techboard·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·RenewEconomy·myzeller.com·Australian FinTech·Women's Agenda·Startup News (WA)·Australian FinTech·Tech Funding News - Australia·Australian FinTech·Australian FinTech·Australian FinTech·@AuManufacturing·Tech Funding News - Australia·Australian FinTech·Forbes Australia·Dealroom·Forbes Australia·TechCrunch Venture·TechCrunch Venture·TechCrunch Venture·TechCrunch Venture·Crunchbase News·TechCrunch Venture·TechCrunch Venture·Crunchbase News·TechCrunch Venture·TechCrunch Venture·TechCrunch Venture·TechCrunch Venture·SmartCompany·TechCrunch Venture·TechCrunch Venture

15 deals

Ten climate-conscious startups that have raised millions in 2021 so far

A roundup of climate-focused startups that secured investment during 2021, led by Loam Bio's $40 million carbon sequestration round, spanning clean energy, waste, lithium, and plant-based protein companies across Australia and New Zealand.

Also SmartCompany

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.

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