# Nature's Fynd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nature-s-fynd

- Industry: Food
- Headquarters: Chicago, US
- Website: www.naturesfynd.com
- Total disclosed funding: $460M
- Latest round: Series C (Jun 4, 2021)
- Investors on record: 14

## About

Based in Illinois, US, and founded in 2012 by co-founders Mark Kozubal, Matthew Strongin, and Thomas Jonas (CEO), The Fynder Group, Inc., dba Nature’s Fynd, fka Sustainable Bioproducts LLC is a food company growing sustainable protein from fungi with origins in the geothermal springs of Yellowstone National Park. In November 2021, The Fyn­der Group, Inc. received USD 4.76 million in grant from Bill & Melinda Gates Foundation Trust.
 
The company develops and produces Fy, a nutritional fungi protein. Fynder created Fy using a fermentation process with Fusarium strain yellowstonensis. It is a nutrient-dense fungal protein that uses only a fraction of the land, water, and energy required by traditional agriculture. The Fy is produced using traditional, animal-free protein sources to create various food products. Its products include dairy-free cream cheese and meatless breakfast patties.

Nature’s Fynd generates revenue by distributing its fungi-based protein products such as meatless patties, dairy-free yogurt, and cream cheese through retail stores, online platforms, and foodservice channels. These commercial avenues form the core of its income streams, supported by scalable fermentation technology and potential licensing opportunities.

## Funding rounds

- Series C, Jun 4, 2021, $350M — Blackstone Group, SG Growth Capital, Generation Investment Management, Hillhouse Investment, SK, Breakthrough Energy Ventures, 1955 Capital, Danone Manifesto Ventures, SB Investment Advisers, ADM Ventures, BAM Elevate, Triatomic Capital
- Series B, Feb 28, 2020, $80M — Mousse Partners, Generation Investment Management, Breakthrough Energy Ventures, 1955 Capital, Danone Manifesto Ventures, ADM Ventures
- Series A, May 18, 2018, $30M — Lauder Partners, Breakthrough Energy Ventures, 1955 Capital, Danone Manifesto Ventures, ADM Ventures

## Investors

- Lauder Partners — Series A
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series A, Series B, Series C
- 1955 Capital (https://capitalatlas.ai/funds/1955-capital) — Series A, Series B, Series C
- Danone Manifesto Ventures (https://capitalatlas.ai/funds/danone-manifesto-ventures) — Series A, Series B, Series C
- ADM Ventures (https://capitalatlas.ai/funds/adm-ventures) — Series A, Series B, Series C
- Mousse Partners — Series B
- Generation Investment Management (https://capitalatlas.ai/funds/generation-investment-management) — Series B, Series C
- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series C
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series C
- SK — Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C
- BAM Elevate (https://capitalatlas.ai/funds/bam-elevate) — Series C
- Triatomic Capital (https://capitalatlas.ai/funds/triatomic-capital) — Series C