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Nature's Fynd Opens Pre-Orders After $150M Funding

February 15, 2021
Nature's Fynd Opens Pre-Orders After $150M Funding

Nature’s Fynd Launches Pre-Orders for Innovative Fungal Foods

Nature’s Fynd, a pioneering food technology company, is now accepting pre-orders for its initial product line. These novel food items are cultivated from a unique fungus discovered within the ecosystem of Yellowstone National Park.

Introducing Non-Dairy and Meatless Options

The company is initially offering a non-dairy cream cheese alternative and meatless breakfast patties. Nature’s Fynd has successfully secured substantial investment, attracting firms like Generation Investment Management, associated with Al Gore, and Breakthrough Energy Ventures, backed by Bill Gates.

Their most recent funding round resulted in an $80 million capital increase.

The Growing Trend of Alternative Proteins

Nature’s Fynd is positioned within a rapidly expanding sector of food innovation. A diverse range of companies are utilizing bacteria, fungi, and plant-based sources to develop alternatives to traditional meat products.

Financing for companies in the alternative meat space exceeded $1 billion last year, and investor interest continues to surge.

First Commercial Test: Fy Breakfast Bundle

The launch of the Fy Breakfast Bundle represents Nature’s Fynd’s first venture into the commercial market. This bundle provides vegan and non-GMO alternatives to conventional breakfast staples.

These limited-edition bundles are priced at $14.99, plus shipping costs, and will be delivered to customers within the 48 contiguous United States.

Fermentation Technology and Sustainable Production

The company’s production process relies on fermentation technology. This allows for the cultivation of the bacteria initially identified by Nature’s Fynd’s scientists during their research in the Yellowstone National Park region.

Sustainability is a key focus for Nature’s Fynd. They emphasize the resilience and efficiency of the discovered microbe, leading to a production system that significantly reduces land, water, and energy consumption compared to traditional animal agriculture.

CEO Thomas Jonas on the Future of Fy

“We choose optimism so that we can find a way to do more with less,” stated Thomas Jonas, CEO of Nature’s Fynd. “Using our novel liquid-air surface fermentation technology, we’re creating a range of sustainable foods that nourish our bodies and nurture our planet for generations to come.”

He further added, “We’re really excited to be at the beginning of this journey with the launch of our first-ever limited release of Fy Breakfast Bundles. We’ve deeply studied our consumers and we know that Fy’s unique versatility, which delivers great tasting meat and dairy alternatives for every occasion, is highly appealing.”

after raising $150 million in equity and debt, nature’s fynd opens its fungus food for pre-orders
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