Skip to Content Skip to Navigation

Next gen plant protein startup, The Leaf Protein Co. ready to scale pilot production

An innovative agrifood startup is set to shake up the alternative protein sector with a novel next gen plant protein. Using highly-specialised extraction technologies, The Leaf Protein Co. is turning the green leaf by-product of vegetable crops into a nutritious, ‘free from’ protein source for food manufacturers. Promoting biodiversity, reducing food waste, and diversifying farm incomes – The Leaf Protein Co. is now seeking investors to scale towards pilot production.   

Sweet potato field with sunrise
Words by Casey Dunn | Photos supplied by The Leaf Protein Co.

Much is written of the rapid global growth of the alternative protein sector – driven by consumers seeking new, sustainable, and ethical protein sources. It’s a trend echoed in Australia, where the sector is tipped to reach $5 billion and create 6,000 new jobs by 2030. But while growth is swift – there’s one undeniable challenge: an over-reliance on just a few plant protein sources. 

Fern Ho, Co-founder and CEO of The Leaf Protein Co., explained, “There’s been a huge explosion of plant-based foods, but most manufacturers rely on the same three proteins: soy, wheat, and pulses like peas. That makes it hard for food companies to create plant-based foods that are allergy- and GMO-free, and which meet consumer expectations around sustainability, food security, and biodiversity loss.” 

The Leaf Protein Co.’s solution is the humble green leaf, whose protein – RuBisCo – is the most abundant on Earth. Ribulose-1,5-bisphosphate carboxylase oxygenase, commonly known as RuBisCo is celebrated as the world’s most important enzyme, due to its pivotal role in fixing atmospheric carbon. Without it, plants couldn’t photosynthesise and the creatures – including us – who depend on plants couldn’t exist. 

But aside of its lofty status, RuBisCo also has characteristics that make it a real contender in the field of plant proteins. It offers a well-rounded full essential amino acid profile and is free from the major allergens, so is suitable for consumers with dairy, egg, soy and wheat intolerances. And it has properties that lend it to use in other food manufacturing processes, as an emulsifier, foaming and gelling agent. 

RELATED: The Leaf Protein Co - $750k SAFE note Fundraising Round

Related organisations

Logo for The Leaf Protein Co.
Multiple industries

The Leaf Protein Co.

The Leaf Protein Co are unlocking Earth’s most abundant source of protein, RuBisCo, from green leaves. Our leaf protein ingredients are high in protein, free from allergens, not genetically modified and sourced from crop by-products and regenerative plants.
  • Location

    Australia and The USA

  • Organisation type

    Startup or Scaleup or SME

Image of Connor Balfany, Co-Founder and CSO with test tube
Connor Balfany, Co-Founder and Chief Scientific Officer - The Leaf Protein Co.

Turning green leaves into white protein

How does The Leaf Protein Co. turn green leaves into a high protein food source? “It's a thermomechanical process,” explained Fern. “Essentially, we grind down the leaves and use heat and filtration methods to separate the protein from the chlorophyll and other components that make up a leaf. Our process is focused on producing an end product that is free from chemical residue, and neutral in colour and flavour, so that manufacturers can have a "clean-label" alternative plant protein to create more sustainable plant-based dairy, meat and snack foods.” 

RELATED: Novel insect-based pet food range, BuggyBlend ready for commercialisation

That’s where Fern sees The Leaf Protein Co.’s future – as a B2B ingredient supplier. “Our ultimate goal is to build a library of protein ingredients from different leaf sources from around the world to give food companies a more biodiverse range of plant protein ingredients to create the plant-based foods that consumers are demanding.”

Regenerative plants provide test bed for tech development

The Leaf Protein Co.’s ‘proof of concept’ plants were ones that aren’t commonplace in Australian diets: saltbush – traditionally a forage crop known for its ability to ameliorate saline soils; and Pereskia – a low-water-use leafy cactus celebrated for its nutritional value in its native Brazil. 

And while volumes were sufficient for lab scale testing, securing an ongoing supply of these plants isn’t feasible. Saltbush is currently produced in low volumes in Australia, and domestic production of Pereskia isn’t an option, given its status as an environmental weed in certain states. 

“That initial work into extracting leaf protein from saltbush and Pereskia gave us the confidence that there was merit behind the processes that we were investigating,” said Fern. “But we know that if we really want to make a meaningful impact, we need to look at large volumes.”

Seeking answers from common foods

One industry with abundant green leaf matter is vegetable production. Yet with so many types in production, the challenge was in narrowing the focus. 

RELATED: Vow's path to success and the rise of cultured proteins

“RuBisCo as a protein source isn’t new. It’s been used for decades as a crude protein for animal feed, where texture and flavour are less important,” said Fern. “But as a human food source we’re being really selective about finding the right nutrient profile. Looking to vegetable leaf matter is a great way of focusing our efforts.”

She continued, “We’re currently working with sweet potato leaves. But there’s a lot of other potential crops, like the Brassica family, which are produced at such huge volumes that we can secure reliable domestic supply upfront. Their leaf mass is considered waste. But what if we valorise that by-product – giving farmers another source of income?”

The concept has been music to growers’ ears, according to Fern.

“It’s said that farmers are the original innovators, and we’ve found that to be true. They’re really open to looking at new ways of doing things – to improve sustainability and to seek new avenues for their product. We’ve been overwhelmed by the number of growers who want to partner with us.”

Collaboration boosts development program

The Leaf Protein Co. team is driven by their passion for food production and sustainability. With expertise ranging from food science and leaf protein extraction to marketing and product development, the team has done a lot of the heavy lifting in getting their concept off the ground. 

And now a recent project with CSIRO through the Kick-Start program is helping to accelerate their development program. Fern explained, “The CSIRO research is aimed at delivering an efficient, scalable food grade protein extraction process. CSIRO has been working with plant proteins for decades, so bringing together their knowledge, our own learnings from the lab, plus the experience of other partners we’re working with across the world, gives us a lot of confidence in what we’re doing.”

Kick-Start is an initiative for innovative Australian start-ups and small businesses, providing funding support and access to CSIRO’s research expertise and capabilities to help grow and develop their business.

close up of Potato leaf in a field
Sweet potato leaf which The Leaf Protein Co. turn into a high protein food source

Investors needed to scale pilot production

The Leaf Protein Co. is seeking to raise $750,000 to take its leaf protein extraction process from the lab to pilot scale production.^

“We’re looking for like-minded investors who share our interest in alternative proteins, waste recovery and crop by-product usage, or have experience in supporting startups to scale production,” said Fern. “We have pilot facilities lined up. We just need funding to make them fit for purpose, so we can examine the process at scale and iron out any kinks before we jump to large-scale commercialisation.”

RELATED: FarmLab gears up for Series A funding round to scale tech globally

And while the newness of emerging proteins like edible insects and cell-based meats pose some challenges around consumer acceptance, The Leaf Protein Co. is seeing none of that. “All the consumer feedback we’ve received is clear: protein made from vegetable by-products is very acceptable,” said Fern. “And that’s echoed in the commercial interest from food companies. They're all clamoring for samples. It’s a strong indication that the market wants a next gen protein from a source that consumers already know and accept.”

To find out more about The Leaf Protein Co.’s investment opportunity, click here.^


^This investment opportunity is only for professional and sophisticated investors as defined in the Corporations Act 2001 (Cth). The content of this opportunity is intended for use by persons having professional experience in matters relating to investments and must not be acted or relied upon by any other person including, without limitation, retail clients.

Looking for engagement?

Showcase your commercialisation opportunity today.

Talk to our team to discuss how growAG. can connect your innovation to industry.

Have questions? Find answers to our most frequently asked questions on research projects, commercial opportunities, organisations and more.