… The company is part of a wave of innovative products using a range of bacteria, fungi and plants to create meat alternatives…
After raising $150 million in equity and debt, Nature’s Fynd opens its fungus food for pre-orders
Jonathan Shieber, TechCrunch
February 15, 2021
Nature’s Fynd, the food technology company with a new food offering cultivated from fungus found in the wilds of Yellowstone National Park, is releasing its first products for pre-order.
Pitching both a non-dairy cream cheese and meatless breakfast patties, Nature’s Fynd had managed to attract some serious investors, including Al Gore’s Generation Investment Management and the Bill Gates-backed investment fund, Breakthrough Energy Ventures. The company most recently raised $80 million in its last round of funding.
The company is part of a wave of innovative products using a range of bacteria, fungi and plants to create meat alternatives. Last year, companies developing meat alternatives raised well over $1 billion in financing and investors show no sign of slowing down in their commitments to the industry.
The commercial launch of the Fy Breakfast Bundle, vegan and non-GMO alternatives to traditional breakfast products, will be the first commercial test for Nature’s Fynd as it looks to go to market.
These limited release bundles...
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