Esenagro contributed to a round that lifted the vegan mince and meat producer's overall funding to nearly $80m in the past year.

V2Food, an Australia-based developer of meat-free food products, closed a A$77m ($55m) series B round today featuring fresh food distributor Esenagro.

Main Sequence Ventures, the deep technology fund manager of national research agency CSIRO, also took part in the round, as did ABC World Asia, Altitude Partners, China Renaissance, Horizons Ventures, Marinya Capital, Novel Investments, Sequoia Capital China and Temasek.

Founded in May 2019, V2Food extracts proteins from legumes and produces plant-based mince that looks, tastes and cooks similar to…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.