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Market & Trends

This Week in Australia’s Plant-Based Scene

This week in Australia’s plant-based scene are three noteworthy developments in the plant-based meat and sweets and snacks categories as well as the expansion of a plant-based restaurant set to franchise its concept worldwide. Flave raises $2.5 million to open second restaurant of a future 1000-store plant-based burger chain  Australian plant-based restaurant Flave has secured $2.5 million in a Series A round to open a second Flave store in Darlinghurst in early 2023. $1 million came from board members, and the rest through equity crowdfunding. The company, which started as a subscription service and has since joined the fast-casual food service industry with a 100% plant-based burger restaurant in Bondi, plans to roll out 1,000 stores in Australia, the US, India, China, and other markets …

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