SYDNEY, AUSTRALIA: LegalVision has advised v2food on a $77 million Series B funding round. The deal is the largest raise in the Australia’s plant-based meat sector to date, more than doubling the $35 million raised by the company in a Series A round last year.

Founded in 2019 with Australia’s national science agency CSIRO, Main Sequence Ventures and Jack Cowin’s Competitive Foods Australia as shareholders, v2food’s goal is to create a ‘version two’ of meat. The funding will help the company scale operations to meet the growing global demand for sustainable meat alternatives.

The LegalVision team was led by Jill McKnight (Practice Leader), who was supported by Sophie Mao (Lawyer). LegalVision advised on all legal aspects of the investment, from structuring through to negotiation and closing the round.

“The growth story for v2food is phenomenal. Despite an uncertain economic climate, they continue to scale at a rapid pace and it’s great to cheer them on as they expand globally. We were pleased to work with the v2food team again to achieve yet another significant milestone in their journey.” said Jill McKnight.

“After working with LegalVision to close our Series A seamlessly, we didn’t think twice about getting them to help us with our next round,” said Nick Hazell, founder and CEO of v2food.

“Jill, Sophie and the LegalVision team provided an exceptional level of service on this transaction, providing practical and timely advice that helped us close this round with confidence. As we enter our next phase of growth to solve the global food challenge, it’s reassuring to have such a high calibre of advisers by our side.”

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Anthony Lieu (Head of Marketing – LegalVision)
1300 544 755

About LegalVision

LegalVision is a market disruptor in the commercial legal services industry. Their innovative business model and custom-built technology assist their lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and New Zealand and has assisted more than 150,000 businesses. The firm was named the fastest growing law firm in the Asia-Pacific by the Financial Times.