v2food Raises $72M in Series B

v2food has successfully raised $72M in a Series B at a $200M valuation led by Hungry Jack's, Main Sequence Ventures.

Company Overview

v2food is a FoodTech company headquartered in Sydney, Australia, founded in 2019 with 100+ employees.

Plant-based meat products

Fundraising Details

• Amount Raised: $72M
• Round Type: Series B
• Valuation: $200M
• Date: 2020-11-17
• Investors: Hungry Jack's, Main Sequence Ventures

About v2food

Plant-based meat products The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Sydney, Australia
• Founded: 2019
• Team Size: 100+
• Industry: FoodTech

What This Means

This funding round demonstrates strong investor confidence in v2food's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. v2food's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $200M valuation marks an important milestone for v2food, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, v2food is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2020-11-17. For more information about v2food, visit their headquarters at Sydney, Australia.