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HK billionaire backs Aussie fake animal fat start-up in $45m round

Yolanda Redrup
Yolanda RedrupRich List Editor

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Canberra-based food tech start-up Nourish Ingredients is the latest in a burgeoning group of local alternative meat companies to score backing from high-profile investors, raising $US28.6 million ($45.3 million).

The company has added Main Sequence Ventures and Hostplus to its register, as well as the private investment arm of Hong Kong billionaire Li Ka-shing, Horizons Ventures.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/companies/agriculture/hk-billionaire-backs-aussie-fake-animal-fat-start-up-in-45m-round-20221019-p5br1j