PERTH, AUSTRALIA, MAY 2025 – My PlantCo is proud to announce a transformative $5.6 million partnership with Australia’s Food and Beverage Accelerator (FaBA) to develop the next generation of sustainable, oat-based food staples.
This landmark project is part of a larger initiative to revolutionize the Australian oat industry, moving beyond traditional breakfast formats to create world-first oat rice, noodles, and pasta. Guided by our mission to create food innovations that people can believe in and the planet can sustain , this collaboration pairs top academic minds with My PlantCo’s “challenger” mindset.
Science-Backed, Heart-Rooted Innovation
The project aims to deliver high-quality nutrition that is lower in carbohydrates and higher in fiber and protein than traditional white rice. Supported by over $720,000 from the Grains Research and Development Corporation (GRDC), the study is part of the multi-million dollar Trailblazer Universities Program funded by the Australian Department of Education.
“Feeding 10 billion people by 2050 demands transformation, not tweaks,” says the My PlantCo leadership team. “By re-engineering everyday staples, we are proving that progress can be both sustainable and accessible to cultures everywhere”.
A Year of Recognition
The announcement follows a significant accolade for the company. In August 2025, My PlantCo was named the FaBA Startup of the Year at The University of Queensland Entrepreneurship and Innovation Awards. This recognition validates our position as the Australian innovator bold enough to disrupt the global food future with clarity, care, and courage.
Creating a Better Tomorrow
Consistent with our “Everyone Benefits” philosophy, this project is designed to:
- Nourish People: Providing healthy, convenient, and accessible nutrition that addresses modern lifestyle needs.
- Sustain the Planet: Advancing food systems through technologies that reduce waste and raise the standard for the entire sector.
- Empower Partners: Building scalable technologies that investors and government stakeholders can trust for long-term impact.
This $5.6 million investment ensures that Australian innovation stays local while creating global relevance, reinforcing our vision of a world where real nutrition connects communities everywhere
