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Fable Food gets $4.8m in funding round

The start-up plans to use the capital to continue research and product development, and expand production capacity globally

Fable Food, a mushroom-based meat alternatives company, has raised AUD6.5m (about $4.8m) in seed funding, which will be used to expand its production globally. The funding round was led by Blackbird Ventures, with participation from VC AgFunder, Aera Vc, Better Bite Ventures, Singapore-based Ban Choon Marketing and former Sequoia Capital partner Warren Hogarth.Founded in 2019, the Sydney-based start-up...

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EFA News - European Food Agency