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In the news this week: Zero Co, APCO, Australian Dairy Federation, Pact Group, Woolworths Macro, Nestlé Starbucks by Nespresso, Sanitarium’s Weet-Bix, Goodman Fielder’s Praise.

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Food & Drink Business

Biripi Capital, Australia’s first Aboriginal-owned private equity firm, has closed an initial tranche of $20 million investment from the Hudson Food Group. It is believed to be the largest impact investment into an Aboriginal business ever made in Australia.

The Fisheries Research and Development Corporation is calling for applications that address the 17 research, development & extension priorities identified by the fishing and aquaculture sector.

Regenerative food company Wide Open Agriculture has raised $20 million through institutional investors. It will use the funds to develop Western Australia’s first oat milk manufacturing plant.