BONUS: Australia's Food and Beverage Accelerator - $20M second investment round
The food and beverage sector is Australia’s largest manufacturing industry, worth more than $132 billion, accounting for 32% of total manufacturing turnover, and employing more than 270,000 people. Yet, the advent of COVID-19, rising climate volatility and geopolitical tensions, have underscored the imperative for more resilient and innovative food systems.
A recent opportunity listed on AgriFutures growAG sought to identify forward-thinking startups, SMEs or large companies with innovative solutions that can deliver ‘really clear benefits’ to Australia’s food and beverage manufacturing sector.
In this bonus episode, contributor Samantha Noon sat down with Dr Chris Downs, Founding Director of Australia’s Food and Beverage Accelerator (FaBA), to discuss the launch of their $20M second investment round developed to take Australia’s food and beverage manufacturing sector forward.
Watch the webinar recording of FaBA's Accelerator Second Investment Round Launch here: https://faba.au/wp-content/uploads/2023/08/2023.08-Second-Investment-Round-Launch_FINAL.m4v
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