Built & Raised $180M for V2 Food, Now Nick Hazell is Tring To Make Algae as Cheap as Oil episode artwork

EPISODE · Jan 12, 2026 · 57 MIN

Built & Raised $180M for V2 Food, Now Nick Hazell is Tring To Make Algae as Cheap as Oil

from Fayl Tales · host Loveth Ochayi

Nick Hazell raised $180M building V2 Food, Australia’s market leader in plant-based protein, before exiting and turning his focus to an even bigger climate problem.Now the founder of Algenie, Nick is betting that algae biomanufacturing could one day compete with crude oil and become a scalable solution for food, fuel, and materials.In this episode, we cover:Raising $180M and scaling V2 Food nationally and globallyWhat the plant-based meat boom got wrong (and what V2 did differently)The real challenges of supermarket listings and category confusionMissteps along the way, including expansion into China during COVIDWhy Nick left V2 Food and how the venture market shift changed everythingThe origin story of Algenie and the race to make algae economically viableWhy climate tech won’t scale unless it makes financial senseA candid conversation on ambition, failure, and building companies that aim for planetary-scale impact.Follow us on all platforms!Instagram ~ @fayltalesTiktok ~ @fayltales LinkedIn ~ @fayltales

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Nick Hazell raised $180M building V2 Food, Australia’s market leader in plant-based protein, before exiting and turning his focus to an even bigger climate problem. Now the founder of Algenie, Nick is betting that algae biomanufacturing could one day compete with crude oil and become a scalable solution for food, fuel, and materials. In this episode, we cover: Raising $180M and scaling V2 Food nationally and globallyWhat the plant-based meat boom got wrong (and what V2 did differently)The rea...

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Built & Raised $180M for V2 Food, Now Nick Hazell is Tring To Make Algae as Cheap as Oil

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