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Australian food tech startup Nourish Ingredients has received $45 million in Series A funding for its animal-free fat business.
The round was led by Horizons Ventures, which was joined by Main Sequence Ventures and Hostplus. The funding will be used to scale production and extend product development.
Part of its scaling and R&D plans includes partnerships with the CSIRO as well as several universities in Australia and across the world.
This significant cash injection follows a $14 million seed funding round back in 2021 by both Horizons — which has also supported Impossible Foods — and Main Sequence.
Nourish Ingredients is all about the fat
While there are plenty of lab-grown and meat-alternative startups in the sector, Nourish Ingredients is
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