Here in Australia, the climate for plant-based products is heating up! It seems like every week we are seeing the introduction of a number of new plant-based companies or brands seeking funding to grow the industry as a whole.
Seeing all of these new incumbents is an exciting prospect for the country and means plenty that plenty more options will be hitting your local supermarket shelves.
With the capital raising this week of All G Foods, we thought we would take a look at a few of the local success stories and how they are bringing their plant-based products to market.
All G Foods (Love Buds Meat)
Funding: $15.5 Million
All G is a feel-good food challenger from Australia. We’re creating a positive food movement, dedicated to making food all good, for everyone and everything.
Their mission is to take the weight and heartache out of feeding our beautiful planet. They aim to do this by providing delicious, nutritious, protein-packed and earth-friendly
plant-based food. All G Foods is about applying the best of natural food tech to the purpose of feeding the world deliciously and nutritiously through the wondrous potential of
plants – our new food superpower.
All G Foods ‘Good Tech’ focuses on four all-good fundamentals: taste, nutrition, sustainability and scalability. 100% feel-good food that’s “all G” for our customers to eat, all the time.
Fable Food Co
Funding: $4.8 Million
Fable is a delicious plant-based alternative to slow cooked braised beef. … Fable slow cooked braised beef is made from 62% shiitake mushrooms and a short list of all natural plant based ingredients.
We have covered Fable Food Co in a previous feature here.
Funding: $184 Million
v2food is an Australia-based producer of plant-based meat substitutes. It is a partnership between Jack Cowin’s Competitive Foods Australia and CSIRO’s investment fund Main Sequence Ventures. The company produces plant-based meat alternative products using protein extracted from legumes.
Funding: $4.5 Million
Harvest B is a smart ingredient system to make plant-based meat. They are powering food brands with the key ingredient system needed to make planet-friendly, plant-based meat superfoods that people love to eat.
Paving the way toward a healthy plant-based future for Australians since 2015, family business Fënn Foods puts sustainability at the heart of every decision it makes. With celebrated chef Alejandro Cancino at the helm of Fënn Foods’ recipe development, customers can expect to enjoy natural, high-quality and seriously delicious vegan fare that will appeal to (and surprise) everyone.
Based on Queensland’s serene Sunshine Coast, the passionate plant-powered family behind these delectable products is excited to share its expanding range of umami-rich plant-based meats with food-loving people seeking sustainable and appetising alternatives.
How many of the above have you tried? Did we miss any innovative Australian-based funded companies? As you can see from the brief list above, the plant based space in Australia is certainly not slowing down, and we hope to see it continue to grow from strength to strength over the next few years!
Next time you are at the supermarket rememebr to support these great Australian businesses and know that you are not only supporting local but also putting your hard earned dollars towards brands that are making life better for the animals and the world.
To see more news stories like these, visit our global news section here.