Australian owned and made alternative protein start-up, All G Foods today announced the raise of $25m to turbocharge the production of its milk and plant-based alternative technologies.
Mr Pacas commented “I could not be prouder of the work my team puts in day to day. It is this commitment that leads to strong investment value. We could not be happier with Agronomics leading our Series A round due to their wealth of experience in funding the cellular agriculture sector. When looking for investment it is critical for us that our investors share our vision for developing technology that can change the way we impact the plant through categories that are simply not sustainable as our populations grow. We are confident with investors like this, we can accelerate our commercialisation objectives and lead food innovation in Asia-Pacific.”
In addition to a fast-growing plant-based meat business, All G Foods has leading dairy precision fermentation expertise and a focus on casein micelle formation that is critical for full functionality in dairy products. All G foods is making advancements in the precision fermentation dairy category, to disrupt the US $700 billion global dairy market.