Fënn Foods produces plant-based meat alternatives under the vEEF® brand, including burgers, mince, meatballs, and bacon bits for retail and foodservice. Its vEEF plant-based mince was launched as the first carbon neutral mince in the world, and the company has stated a goal for the entire business and products to reach net-zero emissions by the end of 2022. Fënn’s products are stocked in major Australian retailers such as Woolworths and Coles and have been used in meal kits and ready meals. The company was named on the 2021 Australian Financial Review’s Fast 100 list, reflecting rapid growth. To meet rising demand and support expansion, Fënn intends to increase investment in innovation, marketing, and production, and to enter new categories and explore distribution into select international markets. The company recently completed an oversubscribed $3M private capital raise to fund these initiatives.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2022