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v2food completes Series B Plus funding round
LegalVision has advised v2food on its Series B Plus funding round worth $72 million.
Emma Musgrave
Firm: LegalVision (v2food).
Value: $72 million.
Area: Finance.
Key players: The LegalVision team was led by practice leader Jill McKnight and supported by senior lawyer Sophie Mao.
Deal significance: v2food is an Australian-headquartered company that focuses on the production of plant-based meat.
The group was 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 expand its operations in Asia and Europe, with this latest funding round seeing the group raise over $185 million total, following a $77 million Series B round last year.
“This Series B Plus round follows two consecutive years of noteworthy rounds,” said LegalVision practice leader Ms McKnight.
“The fact that v2food is attracting such high levels of funding during a global pandemic and economic uncertainty is a credit to their excellent product and hard work. We are delighted to help v2 achieve its goals of expanding their operations overseas.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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