Rich Lister's plant-based meat gets backing from Asian-based investors
The chief executive of plant-based 'meat' group v2food says the company has already hit year-end sales targets after just three weeks of being stocked in Woolworths supermarkets, as it prepares to accelerate growth with a $77 million fundraising.
Singaporean state-backed group Temasek is among the new investors along with Chinese food distributor Esenagro and Shanghai-based tech investor China Renaissance, who will now sit alongside cornerstone investors Rich Lister Jack Cowin's Competitive Foods and a CSIRO investment arm.
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