Nick Hazell, CEO v2food

Nick Hazell, CEO ©v2food


v2foods: “We Just Refuse to Go Slow With Our Mission, We Take Huge Risks”

With a total capital raise of US$138 million to date, v2food is the Australian alt meat leader with a global vision. Now the most funded alt protein producer in Australia, v2food is on a mission to make meat nutritious and sustainable for generations to come. This year saw the launch of its v2sausage, as well as the continued collaboration with Burger King in Asia to supply its Plant-Based Whopper patty.  Vegconomist had the opportunity to get to know CEO and Founder of v2food, former Masterfoods and PepsiCo Research Director Nick Hazell, to hear his views on being a future unicorn, the plant-based movement in Australia, and expansion into China.  Going back to the start, how was v2food born? Launched in 2018, v2food was formed by …


[v2food] Nick Hazell in front of v2 display in Woolworths (1)

Nick Hazell ©v2food

Investments & Finance

v2food Secures AU$72M, is Now Most Funded Alt Protein Producer in Australia

Australia’s v2food has announced the closing of a US$54 million Series B Plus funding round, which in addition to its US$57 million round in October 2020, brings the company’s total funds raised to US$138 million. The company reports that, in just two and a half years, its value has increased from $2 million to over $500 million. Launched in October 2019 by CSIRO’s Main Sequence Ventures and food industry leader Jack Cowin, and led by former Masterfoods and PepsiCo research director, Nick Hazell; v2food’s latest round makes it the most funded alternative protein company in Australia. Ten months on from its last raise, v2food continues to expand its market presence, recently announcing its first restaurant partnership with critically-acclaimed Australian chef and restaurateur Neil Perry, launching …