The Montana State University-backed edible protein developer has rebranded from Sustainable Bioproducts and received series B funding.
Nature’s Fynd, a US-based edible protein developer backed by Montana State University, raised $80m in series B funding on Tuesday from a consortium including agribusiness Archer Daniels Midland and food producer Danone.
Generation Investment Management and Breakthrough Energy Ventures co-led the round, which also featured 1955 Capital and Mousse Partners. The corporates invested through subsidiaries Danone Manifesto Ventures and ADM Ventures respectively.
Founded in 2012 as Sustainable Bioproducts, Nature’s Fynd has developed fermentation technology to grow protein using…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
