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Australia: breaking news, interviews, startup features, lifestyle guides & more from our award- winning impact & sustainability media platform.

Vegan Mushroom Meat Startup Bags AUD 6.5M Seed Round For US Launch

3 Mins Read Australian mushroom meat startup Fable Food Co has announced an AU$6.5 million (US$4.8 million) seed funding round led by Australian VC Blackbird Ventures, who famously backed no-code design sensation Canva as well as alt protein pioneers Sunfed Meats (plant-based chicken) and Vow (cell-based exotic meats). The young company, which was founded in 2019, has ambitious […]

Australian Vegan Meat Leader v2food Eyes Asian Expansion After $54M Series B

4 Mins Read Australian plant-based food tech v2food will now accelerate its global expansion, after closing AU$72 million (US$54 million) in a Series B Plus round. The round, led by European VC Astanor Ventures, attracted a number of Asian investors, as the company gears up to enter the lucrative mainland Chinese market.  Sydney-based v2food has announced today (August […]

Magic Valley Launches As Australia’s First Cultured Lamb Food Tech

3 Mins Read Australian startup Magic Valley has launched as the first Australian food tech cultivating lamb meat. Based in Melbourne, it wants to be the leading provider of slaughter-free cultured lamb mince, chops, strips and even lamb steaks, grown directly from cells and without the use of FBS or animal-based products. Founded by Paul Bevan, Magic Valley […]

Sprout Organic To Launch 100% Plant-Based Organic Infant Formula At Trade Shows In Australia To Scale Distribution

3 Mins Read Sprout Organic, which develops and produces plant-based nutritional products for children, is now taking pre-sale orders and is set to launch its plant-based organic infant formula at two trade shows – the Australian Pharmacy Professional Conference and the Naturally Good Expo, in an effort to enter the formula sales channels in the Pacific country. Though […]

YAY! Foods To Unveil Plant-Based Marinated Feta At Woolworths Stores Across New South Wales, Australia

2 Mins Read Women-owned business YAY! Foods is bringing its plant-based marinated feta to New South Wales (NSW) by debuting in select Woolworths stores, the Australian chain of supermarkets owned by the Woolworths Group across the state. Founded by Australian Turkish sister duo Nalin and Nergiz, YAY! Foods first unveiled its handcrafted marinated alternative dairy feta product in […]

Impossible Foods Signals Australia & New Zealand Market Entry Amid IPO Buzz

3 Mins Read Impossible Foods has is gearing up to enter Australia and New Zealand, posting a job advertisement for a regional role as the plant-based industry in these markets report a record year of sales. The much-anticipated introduction of its famous heme-filled patties in the fast-growing plant-based market in Australasia comes amid talks of its US$10 billion […]

A Type Of ‘Biodegradable’ Plastic Will Soon Be Phased Out In Australia, And That’s A Big Win For The Environment

6 Mins Read By: Jenni Downes, Monash University; Kim Borg, Monash University, and Nick Florin, University of Technology Sydney To start dealing with Australia’s mounting plastic crisis, the federal government last week launched its first National Plastics Plan. The plan will fight plastic on various fronts, such as banning plastic on beaches, ending polystyrene packaging for takeaway containers, […]