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Food and Agriculture Tech Series A Founded 2019

Fable

Fable Food is a food technology company that produces plant-based meat products crafted from shiitake mushrooms. The company uses 100% upcycled shiitake mushroom stems as its primary ingredient, leveraging their naturally dense, fleshy fibers and umami flavors to create a culinary protein that mimics the taste and texture of meat. Fable's products are made from natural ingredients with no GMOs, preservatives, or…

📍 Sunshine Coast, Australia · Food Tech

Funding snapshot

Last roundSeries A
Amount$8M
Date9 February 2023
Total raised$15M
Team size25

About

Fable Food is a food technology company that produces plant-based meat products crafted from shiitake mushrooms. The company uses 100% upcycled shiitake mushroom stems as its primary ingredient, leveraging their naturally dense, fleshy fibers and umami flavors to create a culinary protein that mimics the taste and texture of meat. Fable's products are made from natural ingredients with no GMOs, preservatives, or artificial additives. The company offers products for both home cooks and food service professionals, providing recipes, meal kits, and distribution through partnered retail stores and restaurants. Fable is trusted by over 1,500 venues including restaurants and retailers. Founded in 2019 and headquartered on the Sunshine Coast, Australia, Fable Food has raised approximately $14.8 million in Series A funding from investors including Better Bite Ventures, K3, Blackbird Ventures, AgFunder, Aera VC, Newtree Impact, Grok Ventures, Better Ventures, Ban Choon Marketing, Tripple, Gandel Invest, SDH Capital, and Radar Ventures.

Business model

Food Tech > Novel Foods > Food Products > Alternative Proteins > Meat Substitute > Plant Based

Founders & team highlights

$10M+ Club Founder,

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur,

College Wise > RMIT University

Institutional investors

Better Bite Ventures K3 Blackbird Ventures AgFunder Aera VC Newtree Impact Grok Ventures Better Ventures Ban Choon Marketing Tripple Gandel Invest SDH Capital Radar Ventures Greg Creed Frantz Braha

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