Food tech startup Vow recently cut the ribbon on its “Factory 1”, giving its founders the chance to pause and acknowledge what cultured meat could mean for Australia.
The Chilean-born, New York-based food tech unicorn has unveiled plans to establish Australian production facilities in 2023 following a soft release of its plant-based milk, beef and chicken products.
Industry and government must remain focused on supporting locally developed technology if we are to build on Australia’s world-leading position as an agriculture powerhouse.
Three years ago the co-founders of My Muscle Chef decided to pivot from a food business to a food tech business, a move which saw the business grow to making more than $200 million in revenue.