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Nature's Fynd

Develops microbial protein for sustainable foods

Overview

Nature's Fynd develops protein ingredients using a fermentation-based process that starts from a unique microbe discovered in NASA-backed research. The microbe is grown in bioreactors to produce a versatile microbial protein that can be used in a variety of foods. This material is harvested and processed into ingredients that can replace or supplement traditional proteins, enabling scalable production of plant- and animal-free foods. The company differentiates itself through its distinctive microbe, fermentation platform, and strategic partnerships with major players like ADM and Danone, which help move their products toward market viability. Its goal is to meet growing global protein demand with sustainable, adaptable ingredients produced by biotechnology.

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About Nature's Fynd

Simplify's Rating
Why Nature's Fynd is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & AgricultureIndustrial & ManufacturingBiotechnologyConsumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$509.6M

Headquarters

Chicago, IL

Founded

2012

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What believers are saying

  • September 2026 Berkeley Bowl launch expanded retail access beyond direct-to-consumer.
  • April 2025 Plantega rollout placed Spicy Indian Fy Bites in 50-plus NYC bodegas.
  • November 2026 hiring and Crain’s #1 ranking signal continued operational momentum.

What critics are saying

  • February 2025 Mango v. The Fynder Group added litigation distraction and legal expense.
  • Retail distribution remains narrow; Berkeley Bowl expansion signals slow velocity into 2027.
  • If unit economics fail, Nature’s Fynd’s 2021 capital stack becomes stranded.

What makes Nature's Fynd unique

  • Fy protein from Yellowstone microbe gives Nature’s Fynd a proprietary fermentation platform.
  • Thomas Jonas built a consumer brand around fungi-based protein, not me-too meat substitutes.
  • 2026 product line spans breakfast patties, cream cheese, and Fy Bites.

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Funding

Total Funding

$509.6M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
$62M
$100M
$350M

Benefits

  • Stock Options
  • Parental Leave

Growth & Insights and Company News

6 month growth

-6%

1 year growth

-10%

2 year growth

-5%
vegconom GmbH
Apr 11th, 2025
New Nature’S Fynd Fy™ Bites Available At Plantega-Affiliated Locations In Nyc

Nature’s Fynd has expanded its product offerings with the introduction of Spicy Indian Fy™ Bites, now available at Plantega-affiliated bodegas across New York City. The new item is part of the company’s line of fungi-based foods utilizing its proprietary protein ingredient, Fy™, and is currently being rolled out across more than 50 locations.“With Fy Bites, we weren’t trying to mimic meat or dairy—we wanted to create something entirely new” The bites are falafel-style and formulated with Fy™, a protein derived from a microbial strain discovered in Yellowstone National Park. Each serving contains 14 grams of protein, 5 grams of fiber, and the equivalent of one-third cup of vegetables. The product is free from the top nine allergens, certified gluten-free, and vegan.Nature’s Fynd CEO and co-founder Thomas Jonas noted, “With Fy Bites, we weren’t trying to mimic meat or dairy—we wanted to create something entirely new. Fy Bites are their own thing: deliciously satisfying and made with our Fy Protein plus real veggies and spices.”© Nature’s Fynd. Plantega, a plant-based food service platform operating within New York City’s bodega system, has partnered with Nature’s Fynd to offer the new product in both in-store and delivery formats

vegconom GmbH
Apr 11th, 2025
New Nature's Fynd Fy(TM) Bites Available at Plantega-Affiliated Locations in NYC

Plantega, a plant-based food service platform operating within New York City's bodega system, has partnered with Nature's Fynd to offer the new product in both in-store and delivery formats.

VeganHub
Apr 11th, 2025
New Nature's Fynd Fy(TM) Bites Available at Plantega-Affiliated Locations in NYC

Nature's Fynd has introduced Spicy Indian Fy Bites, a new falafel-style product made with Fy, a protein derived from a microbe found in Yellowstone National Park.

vegconom GmbH
Apr 1st, 2025
Hydefy Introduces Fungi-Based Leather Alternative With Stella Mccartney’S New Handbag

A new fungi-based textile developed by Hydefy has been launched in the fashion industry through a debut collaboration with luxury designer Stella McCartney. The partnership brings to market a high-performance, sustainable alternative to traditional leather, offering a cruelty-free solution that combines durability and aesthetic appeal.“Hydefy isn’t just another alternative—it’s the future of high-performance textiles” Hydefy’s material, known as Fy™, is derived from fungi discovered during NASA-backed research in Yellowstone National Park. Through a proprietary fermentation process, Fy™ is created by combining the fungi with sugarcane waste. The result is a versatile, vegan material that is designed to be both environmentally responsible and highly durable. This textile is being marketed as a suitable alternative for use in fashion, automotive, and interior industries, with the capacity for customization and rapid prototyping.Stella McCartney, a long-time advocate for animal-free and sustainable fashion, stated, “I am constantly exploring plant and fungi-based, regenerative alternatives that do not harm animals and heal Mother Earth. Harmonious to this philosophy, the innovators behind Hydefy are developing materials with fresh thinking and a focus on sustainability.”© Hydefy

Pinoy Bisnes
Mar 7th, 2025
Nature's Fynd Wins Prestigious NEXTY Award for Dairy-Free Fy(TM) Yogurt

CHICAGO, March 07, 2025 (GLOBE NEWSWIRE) - Nature's Fynd, a food company making delicious dairy and meat alternatives with Fy(TM), a nutritional fungi protein, has been named the winner of the 2025 NEXTY Awards for its Dairy-Free Strawberry Fy(TM) Yogurt in the Dairy Alternative category.

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