Fable Food

Sunshine Coast, Australia Founded: 2019 • Age: 7 yrs
Mushroom-based plant meats mimicking texture and taste are provided.

About Fable Food

Fable Food is a Consumer company based in Australia founded in 2019 by Jim Fuller. Mushroom-based plant meats mimicking texture and taste are provided. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Fable Food has raised $14.77 million across 4 funding rounds from investors including Ban Choon Marketing, K3 Ventures and Greg Creed. Its website fablefood.co draws about 17 thousand monthly visits. Fable Food offers products and services including Shiitake Mushroom Protein. Its focus areas include Food & Beverage, Plant-Based Foods and Alternative Proteins. Its legal entity is FABLE HOLDINGS PTY LTD. Its competitors include Fenn Foods, vEEF and Flexible Foods; 1 of its 3 listed competitors has raised funding.

Company details

Fable Food is engaged in producing sustainable, umami-rich proteins crafted from upcycled shiitake mushroom stems. The company operates within the plant-based food sector, offering versatile culinary solutions for chefs and home cooks. Products are designed to elevate flavors and textures in various recipes with minimal processing. Emphasis is placed on natural ingredients, free from GMOs, preservatives, and artificial additives. Distribution is facilitated through restaurants, retailers, and meal kits, targeting a broad audience seeking alternative protein sources.

  • Headquarters Sunshine Coast, Australia
  • Founders Jim Fuller
  • Sectors
    Consumer
  • Website category Food and Drink · Vegetarian and Vegan
  • Email
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  • Phone
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  • Website fablefood.co
  • Social LinkedIn X Instagram
  • Legal Name Fable Holdings Pty Ltd
Operational Areas
Key Metrics
  • Total Equity Funding
    $14.77M (USD)

    in 4 rounds

  • Latest Funding Round
    $8.5M (USD), Series A

    Feb 2023

  • Investors

Products & Services of Fable Food

Fable Food offers a comprehensive portfolio of products and services, including Shiitake Mushroom Protein.

Shiitake Mushroom Protein
Food Products

Umami-rich protein is crafted from shiitake mushroom stems.

Funding Insights of Fable Food

Fable Food has successfully raised a total of $14.77M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8.5 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $14.77M
  • Total Rounds 4
  • Last Round Series A β€” $8.5M
  • First Round $1.5M

    (Jun 2020)

  • Investors Count 13

All 4 funding rounds of Fable Food with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2023$8.5MSeries A–K3 Ventures
Feb 2022Seed–Better Bite
–
Aug 2021$4.77MSeed–Blackbird Ventures
Jun 2020$1.5MSeed–Blackbird Ventures, Grok Ventures
–
Valuation history

13 investors in total: 9 institutional and 4 angel.

Investors in Fable Food

Fable Food has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ban Choon Marketing, K3 Ventures and Greg Creed.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made by K3 Ventures in early-stage technology startups.
k3ventures.comSingapore, Singapore
Investments are made in seed, early, and later-stage tech companies.
blackbird.vcSurry Hills, Australia
Venture capital fund focused on ag-tech and food-tech sectors
agfunder.comSan Francisco, United States
Aera VC is focused on investing in deep technology and sustainability.
aera.vc
Investing in food, agriculture, and climate tech startups in Asia Pacific.
betterbite.vc
Micro-venture capital firm investing in pre-seed to seed stage startups
better.vcOakland, United States
Early-late stage tech-focused venture capital firm
grok.venturesSurry Hills, Australia
Invests in Food-Tech, Agri-Tech, and Food-Loss companies to address environmental issues.
2021newtreeimpact.comWatermael Boitsfort, Belgium
Organic products are distributed by Ban Choon Marketing in Singapore.
1988banchoon.com.sgSingapore, Singapore

Greg Creed

Former CEO of Yum! Brands, active angel investor in India
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Investor details for Fable Food

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People of Fable Food

13 people are tracked at Fable Food (7 in leadership, 6 in team).

NameRoleGroup
Jim Fuller
Co-Founder & CSOLeadership
Michael Fox
Co-Founder & CEOLeadership
Matt Martin
Head Of Sales Uk/euLeadership
Huw Watson
Food Service Partner Manager AustraliaLeadership
Christopher McCallum
Chief Operating and Finance OfficerLeadership
Ji Davis
Chief Of StaffLeadership
Chris McLoghlin
Co-FounderLeadership
Danielle Schwab
Business Development NortheastTeam
Leanne Le
Marketing & PR ManagerTeam
Edmund ong
Product Development ManagerTeam
Kieli Wei
Finance & Operations ManagerTeam
Monica Wen
Operations ManagerTeam
Chanelle le
Marketing & PR ManagerTeam
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Complete people profiles for Fable Food

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Timeline of Fable Food

3 dated milestones of Fable Food across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fable Food is founded.
  2. Funding First funding round of $1.5M.
  3. Funding Latest funding round, Series A, of $8.5M.

Competitors of Fable Food

Fable Food has 3 listed competitors in our database, 1 of them funded. They include Fenn Foods, vEEF and Flexible Foods.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fennfoods.com2015Sunshine Coast, Australia$3M
Provider of plant-based meat alternatives
veef.com.au2018Sunshine Coast, Australia
vEEF produces innovative plant-based meat substitutes for consumers through retail and online channels.
flexiblefoods.com.au2020Brisbane, Australia
Direct-to-consumer brand offering high-quality plant-based food products.
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Detailed competitors of Fable Food

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Web traffic of Fable Food

The website of Fable Food (fablefood.co) receives about 17.3K visits a month and ranks #1,191,891 among all websites worldwide, #528 in Vegetarian and Vegan.

  • Monthly visits
    17.3K

    ▼ 25.3% vs previous month

  • Unique visitors
    7.4K

    per month

  • Global rank
    #1,191,891

    among all websites

  • Category rank
    #528

    Food and Drink · Vegetarian and Vegan

Similar websites

Websites whose visitors overlap most with Fable Food. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
vegconomist.com
100%
#427,836View details
fablemelbourne.com.au
fablemelbourne.com.au
93%
#2,413,054–
artisanals.com.au
artisanals.com.au
82%
#755,273–
realfoods.co.uk
realfoods.co.uk
76%
#841,073–
insidefmcg.com.au
insidefmcg.com.au
65%
#1,046,034–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for Fable Food

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  • 6 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Fable Food

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Frequently Asked Questions about Fable Food

Fable Food was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Fable Food is headquartered in Australia. It is registered at Queensland, Australia.

Fable Food is a funded company, having raised a total of $14.77M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 2020.

Fable Food is engaged in producing sustainable, umami-rich proteins crafted from upcycled shiitake mushroom stems. The company operates within the plant-based food sector, offering versatile culinary solutions for chefs and home cooks. Products are designed to elevate flavors and textures in various recipes with minimal processing. Emphasis is placed on natural ingredients, free from GMOs, preservatives, and artificial additives. Distribution is facilitated through restaurants, retailers, and meal kits, targeting a broad audience seeking alternative protein sources.

Fable Food's top competitors include Fenn Foods, vEEF and Flexible Foods.

Fable Food offers Shiitake Mushroom Protein.

Fable Food has 13 investors. Key investors include Ban Choon Marketing, K3 Ventures, Greg Creed, Frantz Braha, and Adrien Desbaillets.

Fable Food operates through Fable Holdings Pty Ltd.

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