Harvest B, an Australian alt-protein startup founded just a year ago, has raised $3.5 million in its seed funding round. The round was led by W23 Ventures (the investment arm of supermarket Woolworths) and Aura Ventures.
Harvest B Opens “Australia’s First” Plant-Based Meat Ingredient Facility
Harvest B, an Australian B2B alt protein company, announces the opening of its plant-based meat ingredient facility, which the company claims is Australia’s first plant protein factory. Located in Penrith, Western Sydney, the facility will produce a range of proteins — using locally sourced ingredients — for consumer-facing food brands, manufacturers, and food service companies that develop alternative meat products. According to Harvest B, the federal government’s Advanced Manufacturing Growth Centre (AMGC) co-invested $1 million in the manufacturing plant, which will initially produce up to 1000 metric tonnes of plant-based proteins. Harvest B’s CEO Matt Shillito said: “We are excited to be launching Australia’s first plant-based meat ingredient facility. This is an important step forward in our mission to create a world where food is …