Main Sequence Ventures has contributed to a $53.3m series B-plus for V2Food, having already backed the initial $55m series B round last October.
V2Food, an Australia-based meat-free food products developer, has secured A$72m ($53.3m) in series B-plus funding from investors including Main Sequence Ventures, the deeptech fund manager of national research agency CSIRO.
Impact investor Astanor Ventures led the round, which also attracted Temasek-linked impact fund ABC World Asia and China Renaissance affiliate Huaxing Growth Capital.
An unnamed strategic investor, described as “China’s leading e-commerce platform for services” – likely to be Meituan, though this could not be confirmed – also…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
