Fable Foods land Series A for its mushroom-based meat alternatives

The promise of alternative meat products has been under scrutiny lately, with articles in Bloomberg and the Washington Post questioning if it’ll ever be truly embraced by consumers. Other news like the drop in Beyond Meat’s stock price and mass layoffs at Impossible Foods have cast further questions on the industry’s future.
Amid all this scrutiny, however, Fable Food, an Australian startup that makes plant-based meat out of mushrooms, announced its latest funding round, a Series A of $8.5 million led by Singaporean venture firm K3. Other participants included Greg Creed, former global CEO of

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