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Fable Food

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Making delicious meaty food from mushrooms

Sunshine Coast Regional, AustraliaFounded 2019Food
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fable Food and the history behind them.

About Fable Food

Fable Food is an Australian company that produces plant-based meat alternatives. Their products are primarily made from shiitake mushrooms, which are known for their meaty texture and umami flavor. The company leverages the natural properties of mushrooms to create clean-label and minimally processed food items. Fable Food operates in the food and beverage industry, targeting consumers who are looking for healthier and more sustainable food choices, including vegans, vegetarians, and flexitarians. Their business model involves producing and supplying these mushroom-based meat products to a variety of clients, including restaurants and food service providers. By offering a natural and nutritious alternative to traditional meat, Fable Food aims to reduce the environmental impact of food consumption while promoting a healthier lifestyle.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Sunshine Coast Regional, Australia
Employees
25
Open positions
1
Dealroom signal
65.2/100
Industry
Food
Sub-industry
Innovative Food
Sector
Food, Beef, Plant-Based, Alternative Protein, Meat Substitute, Sustainable Development Goals, Mycelium Technology, Climate Tech, Hard Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Feb 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Feb 2023 $8.5M $34M Blackbird Ventures · Aera VC · Adrien Desbaillets · Peter Singer ↗
SEED✓Equity / VC Aug 2021 $4.2M $17M AgFunder · Blackbird Ventures · Warren Hogarth · Aera VC ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Fable Food website traffic

Latest recorded traffic for Fable Food is 12K monthly website visits, up 9.1% over the last three months. Fable Food's team declined 3.8% over the past year.

Latest monthly visits12K 3-month web change+9.1% 1-year team growth-3.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • Blackbird Ventures
  • Grok Ventures
  • AgFunder
  • Warren Hogarth
  • Aera VC
  • Better Bite Ventures
  • Choon Marketing

Series A6 investors entered at this stage

  • K3 ventures
  • Adrien Desbaillets
  • Peter Singer
  • Osher Günsberg
  • Greg Creed
  • Frantz Braha

Other known investors5 additional known investors

  • Chadd SJ Ciccarelli
  • Michal Klar
  • Newtree Impact
  • Possible Ventures
  • Simon Newstead
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇦🇺 Australia37.5%
🇺🇸 United States31.3%
🇬🇧 United Kingdom12.5%
🇨🇦 Canada6.3%
🇵🇭 Philippines6.3%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fable Food on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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