Mac Equity Partners was lead manager for the Wide Open Agriculture IPO.
WOA has released a presentation highlighting their first mover advantage to develop a lupin-based protein that can be used to create alternative meat, dairy, beverage and convenience food products.
Lupin is one of the highest sources of plant proteins available (40%) combined with a high source of dietary fibre (37%).
Non-GMO, low GI, easily digestible, high in essential amino acids and cholesterol free.
Current market valued at AUD~$200mill with 96% consumed by livestock and 60% of global supply produced in Western Australia.2\
Eco-friendly, low carbon foot-print, low water pollution and critical to regenerative farming systems.
A link to the ASX presentation below