Australia

More than two in five Australians are reducing meat or don't eat it at all, with health a major consumption driver. But taste and price remain key challenges for plant-based meats. Australians are cutting back on meat due to health and…
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Australian startup Carbonaught has received financing from Better Bite Ventures for its low-emission agriculture tech, which sequesters carbon, fixes nitrogen and increases production through basalt. Carbonaught, an Australian agtech…
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Australia has a young but burgeoning precision fermentation sector, but to meet its potential, it needs a big helping hand from the government. It may only be home to six companies, but Australia's precision fermentation ecosystem is…
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Oat Milk Goodness, the Australian plant-based milk startup co-founded by cricketer Steve Smith, is to be acquired by Forbidden Foods. It now eyes an Indian expansion. Australian cricket may be on a break, but one of its greatest batters…
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Australia has unique advantages when it comes to pushing the future of protein technology forward, argues independent alternative protein think tank Food Frontier CEO Dr Simon Eassom. Food systems transformation is increasingly being…
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Despite a downturn in investment and economic contribution, sales of plant-based meat in Australia have grown from pre-pandemic levels, with a greater number of brands and a smaller price gap with conventional proteins. Food Frontier CEO…
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Australian hyper-fermentation company Cauldron Ferm has secured AU$9.5M ($6.25M) in Series A funding to build a large-scale facility to manufacture high-value ingredients through precision fermentation. A year after closing a large…
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Australia has become a global leader in alternative proteins, says Food Frontier's Simon Easson, with the country witnessing a surge in innovation, government support, and market strategies. From shifting policies to groundbreaking…
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At a major APAC food tech conference in Singapore last month, I spoke to four alt-meat founders from India, China, the Philippines and Australia to find out what Asian consumers want from plant-based meat products. Last month, as part…
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Better Bite Ventures has announced investments in three APAC food tech startups as part of its early-stage First Bite initiative and has opened applications for the next funding round. The three startups part of the latest First Bite…
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At this week's South by Southwest (SXSW) Sydney tech conference, Australian plant-based meat companies v2food and Nourish Ingredients debuted new ingredients that change the colour of vegan meat alternatives and give them a more realistic…
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As Australians eat less meat, vegan companies All G Foods' Love Buds and Fenn Foods' vEEF have announced the formation of The Aussie Plant-Based Co. The two brands will see access expanded to 6,000 distribution points, while All G Foods…
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Australian precision fermentation startup Eden Brew – co-owned by the country's largest dairy cooperative, Norco – has closed a $24.4M Series A funding round. The company has developed what it calls a "world-first" animal-free casein…
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Australia's national science agency, CSIRO, has published a comprehensive report proposing a major shift in Australia's food production and consumption strategies to bolster the nation's sustainability efforts. The agency's report,…
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Queensland-based plant-based foods production company Fënn Foods has become the first certified carbon-neutral food producer in Australia, as certified by carbon consulting company the Carbon Reduction Institute (CRI). Fënn Foods was…
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APAC alt protein fund Better Bite Ventures unveils four new investments via early-stage funding initiative First Bite and reopens applications for aspiring founders. First Bite, a startup initiative created that backs early founders…
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Cultivated pork meat is Magic Valley’s latest achievement, following the launch of its lamb meat last year. Melbourne-based Magic Valley says its cultivated pork meat comes from skin cells retrieved humanely from a living pig. The…
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Australian precision fermentation company Cauldron, has raised AU$10.5 million to build Asia-Pacific's largest network of precision fermentation facilities using a revolutionary hyper-fermentation platform. Cauldron says its new…
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By Bianca Lê, Honorary Fellow at The University of Melbourne; Technical Strategy and Growth Manager at Mission Barns; and Board Director, Cellular Agriculture Australia. It didn’t get much attention when US President Joe Biden launched…
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The Australian mushroom startup has secured a $8.5 million Series A round with a diverse group of backers including Princeton Professor Peter Singer, K3 Ventures and former YUM! Brands CEO Greg Creed. Fable Food Co, the Australian…
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A new report by Green Queen Media argues that while plant-based meat sales may be flat in the US and Europe, in Asia Pacific, the alternative protein industry is booming. Green Queen Media has published the 2022 edition of its…
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