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What does a $10k cultivated meat dumpling taste like?

Pretty great.

But honestly, that’s not the point.

The real story is how fast that price is free-falling, and what that unlocks for real food on real plates. In this episode, we sit down with Magic Valley CEO Paul Bevan to get past the headlines and into the gritty, resilient work of building a cultivated meat company in Australia.

We kick off with culture, because tech is easy compared to humans. Paul shares why hiring for outcomes over optics is essential, and how the best interns don’t wait for job descriptions; they earn them by solving obvious problems early.

From there, we dig into the power of storytelling and marketing, especially when you don’t have a product yet. In emerging categories, education is the product. Media isn’t vanity, it’s scaffolding. It is how you build trust with investors, regulators and supply chain partners.

Then we talk money. Mission-aligned angels, smaller VCs who understand timelines, matched grants like the Industry Growth Program, and making the most of Australia’s R&D Tax Incentive. We touch on why crowdfunding works best when you already have a crowd, and why disciplined runway beats hype every time.

And the plot twist? The economics are finally shifting. Food-grade suppliers are undercutting pharma, bioreactors once costing millions are dropping into six-figure territory, and culture media is falling fast with a credible path to one dollar a litre. Add FSANZ’s dedicated cellular agriculture pathway, and the route to viable products looks far more concrete than the doom-scrolling suggests.

If you’re into cultivated meat, future-fit food systems or the art of founder survival in tough markets (with integrity, clarity and a dash of cheek), this episode is for you.

Hit subscribe, share with a friend who geeks out on food tech, and drop us your biggest question.

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This experimental and emergent podcast will continue adapting and evolving in response to our ever-changing environment and the community we support. If there are any topics you'd like us to cover, folks you'd like us to bring onto the show, or live events you feel would benefit the ecosystem, drop us a line at hello@colabs.com.au.

We're working on and supporting a range of community-led, impact-oriented initiatives spanning conservation, bioremediation, synthetic biology, biomaterials, and systems innovation.

If you have an idea that has the potential to support the thriving of people and the planet, get in contact! We'd love to help you bring your bio-led idea to life.

Otherwise, join our online community of innovators and change-makers via this link.

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If you could ask a living material to help fix our mess, what would you grow first – packaging, panels, or leather? We sit down with Amanda from Fungi Solutions to share how mycelium turns waste streams into durable, lightweight, and compostable products that actually work at scale. From early experiments binding fashion off-cuts to refined packaging that replaces polystyrene, we map the practical steps, the surprises, and the mindset shift from manufacturing to collaboration with living systems.

We get specific on biofabrication: substrates, environmental tuning, and the difference between compressive strength and torsion when you’re eyeing the built environment. Amanda walks us through treatments and finishes – waterproofing, laser texturing, surface skins – and why designing for decomposition is a feature, not a flaw. We talk testing before certification, how to manage MOQs as a small team, and the honest limits today: organics are ready now, plastics need pretreatment and more R&D. Along the way, there’s additive manufacturing with mycelium pastes, sculptural interiors people refuse to throw away, and the sensory surprise of a material that feels like cork meets velvet.

Zooming out, we explore the circular economy infrastructure at a systems-level scale. From waste mapping, regional feedstock modelling, and how AI might supercharge biomaterials (automating humidity, predicting contamination, and powering local facilities). We celebrate community labs, open-source cultivation, and non-traditional pathways into STEM, because access fuels innovation. And there’s fresh news: mycelium leather is now available for distribution, with R&D underway to push performance and craft.

Suppose you are one of those wonderful humans who care about sustainable packaging, biomaterials for construction, regenerative manufacturing, or want to see fungi outcompete foam. In that case, this conversation offers an insightful take from someone who is actively pushing forward in this space.

Enjoyed the chat? Follow, share with a friend who geeks out on biodesign, and leave a review to help more people discover these regenerative solutions.

Keen to learn more? Check out the links below:

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This experimental and emergent podcast will continue adapting and evolving in response to our ever-changing environment and the community we support. If there are any topics you'd like us to cover, folks you'd like us to bring onto the show, or live events you feel would benefit the ecosystem, drop us a line at hello@colabs.com.au.

We're working on and supporting a range of community-led, impact-oriented initiatives spanning conservation, bioremediation, synthetic biology, biomaterials, and systems innovation.

If you have an idea that has the potential to support the thriving of people and the planet, get in contact! We'd love to help you bring your bio-led idea to life.

Otherwise, join our online community of innovators and change-makers via this link.

Send us a text

What happens when a hospitality veteran with a passion for problem-solving discovers her new puppy is predisposed to joint issues? For Paloma Newton, it sparked, naturally, led to an Australian-first in pet healthcare.

Paloma's path to founding Elita is anything but conventional. Infact, her entire journey is about as unconventional as can be, but like most great innovators, the meandering path is the one most often taken. From call centres to cocktail bars, advertising agencies to venture capital, her career spanned across many industries before she found herself asking a deceptively simple question: why can't I bank my dog's stem cells for future use? When veterinarians responded with 'great idea, but we can't do it,' she recognised not just a gap in the market but a genuine opportunity to improve pet healthcare.

The science behind Elita's approach is both elegant and powerful. By extracting and preserving a pet's own stem cells while they're young (currently during routine desexing), owners gain access to a biological insurance policy. These cells can later be used to treat conditions like arthritis, hip dysplasia, and potentially even kidney disease – all without risk of rejection since they're the animal's own cells. 'The worst thing that can happen is they don't work,' Paloma explains, contrasting this with pharmaceutical options that often carry significant side effects. Currently, they bank enough stem cells for ten potential treatments, making it remarkably cost-effective compared to donor stem cell therapies.

What makes Paloma's story particularly compelling is how her varied background became her superpower. With no formal science training, she approached the problem with fresh eyes and a beginners mind, both of which pair perfectly with her determination to execute quickly. 'My style of being a founder is execution over everything,' she says, describing how she built the company from CoLabs before even hiring scientists (bold move, we know). This fearlessness, coupled with a vision for more ethical healthcare that extends beyond profit margins, positions Elita Genetics at the forefront of a transformation in how we care for our animal companions.

Curious about banking your pet's stem cells or learning more about this revolutionary approach to pet h

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This experimental and emergent podcast will continue adapting and evolving in response to our ever-changing environment and the community we support. If there are any topics you'd like us to cover, folks you'd like us to bring onto the show, or live events you feel would benefit the ecosystem, drop us a line at hello@colabs.com.au.

We're working on and supporting a range of community-led, impact-oriented initiatives spanning conservation, bioremediation, synthetic biology, biomaterials, and systems innovation.

If you have an idea that has the potential to support the thriving of people and the planet, get in contact! We'd love to help you bring your bio-led idea to life.

Otherwise, join our online community of innovators and change-makers via this link.