Fënn Foods raises $3 million

Executive chairman Mr. Nicholas Simms. © Fënn Foods

Investments & Finance

Fënn Foods Raises $3M in Oversubscribed Private Capital Raise

Fënn Foods raises $3 million to meet increasing demand and expand internationally. Australian plant-based foods producer Fënn Foods has announced an oversubscribed private capital raise from investors including leading fund manager Bombora Investment Management. This is an especially noteworthy investment partner considering  Bombora Special Investments Growth Fund’s track record and tendency to invest in high growth, pre-IPO companies and listed equities. “This injection of capital enables us to increase our investment in innovation, marketing and production, allowing us to meet the increasing demand for vEEF® products, enter new categories and explore distribution into select international markets,” said Mr Nicholas Simms, Executive Chairman for Fënn Foods. Fënn saw rapid growth last year, with its products now stocked in major retail stores such as Woolworths and Coles. …


Fenn Foods vEEF Hello Fresh

©Hello Fresh

Products & Launches

Australia’s Largest Meal Kit Brand Hello Fresh Partners With Fenn Foods

Home delivery meal-kit market leader Hello Fresh is expanding its vegan offerings in Australia by entering a new partnership with Fenn Foods. Australian plant-based producer Fenn Foods will be supplying vEEF, its carbon neutral certified, plant-based mince.  Hello Fresh, the largest meal-kit brand in Australia, will be utilising the plant-based meat from Fenn Foods as an ingredient in their ‘Chilli Cin Carne’ recipe. More recipes are set to be released in the near future. The move by industry leader Hello Fresh confirms the growing demand for plant-based options, as well as setting the standard for other meal delivery services. It is not the first time Fenn Foods has collaborated with other food producers, as it recently teamed up with Australian plant-based ready meal company Flave …


©Natalie Nguyen

Products & Launches

Fable Foods’ Vegan Beef Ready-Meals Expand Across Australia

Fable Foods expands its line of plant-based ‘slow-braised meat ‘ready meals into Woolworths and Spar as consumer demand for plant-based food surges in Australia. Fable’s Plant-Based Braised Beef has been endorsed by celebrity Chef Heston Blumenthal and features on the menus of his Michelin Star restaurants in the UK and across Australia.