Softbank Vision Fund 2, ADM, Danone Manifesto Ventures and SK helped the microbial protein developer take its total funding above $500m.
Telecommunications and internet group SoftBank’s Vision Fund 2 led a $350m series C round for US-based alternative protein developer Nature’s Fynd yesterday.
Food producer Danone’s corporate venturing arm, Danone Manifesto Ventures, also participated in the round, as did agribusiness Archer Daniels Midland (ADM) and conglomerate SK.
The participants were completed by Blackstone Strategic Partners, Balyasny Asset Management, Hillhouse Capital, EDBI, Hongkou Capital, Breakthrough Energy Ventures, Generation Investment Management and 1955 Capital.
Formerly known as Sustainable Bioproducts, Nature’s Fynd grows a…