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Thomas Jonas

Chief Executive Officer

Thomas believes in asking the big questions but also in finding new and different solutions. When a chance encounter on the beach in Hawaii led Thomas to a lab in Montana where he met Mark, he saw infinite possibilities in the tiny microscopic organism. When others often ask why, Thomas’ curiosity drives him to ask, why not and what if? Why not use the nutritional power of Fy to positively impact the environment and disrupt the food industry? What if Fy could feed people today and for generations to come? And as a former officer in the French Air Force, Thomas knows that even the sky is not the limit.
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Dr. Mark Kozubal

Chief Science Officer

Mark loves exploring science to find groundbreaking ways to benefit mankind. True to his curious nature, he journeyed to Yellowstone National Park and later discovered an extremophile microbe in samples taken from the hot springs. This microbe eventually grew to become our nutritional fungi protein, Fy. As a leading expert in extremophile organisms, it’s no surprise that his deep knowledge has led NASA, the National Science Foundation, the USDA, and the EPA to seek him out. When Mark isn’t researching extremophiles, he likes to mountain bike, backcountry ski, and strum guitar.
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Matthew Strongin

Chief Financial Officer

Matthew is passionate about leveraging technology to deliver a sustained impact on the planet and our society. This enthusiasm led him to Nature’s Fynd after working in venture capital and banking. As a venture investor in early-stage companies focused on agriculture and energy, Matthew experienced firsthand the struggles and rewards of commercializing technologies that both challenge convention and create sustainable solutions that disrupt the food industry in a positive way. He enjoys building towards audacious goals using his innovative spirit— just ask him about completely remodeling his home in his spare time.
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Karuna Rawal

Chief Marketing Officer

As a marketer with award-winning international success, Karuna was ready for the challenge of building a purpose-driven brand from the ground up. That brand? Nature’s Fynd. Karuna’s broad experience in launching new food innovations combined with an intentional focus on how we can create a better food system led her to this position. Building on the company’s unique origins, Karuna is crafting a compelling narrative for Nature’s Fynd. And her own enthusiasm for food extends beyond her kitchen to seeking out amazing tasting vegan food. So if you’re in Chicago, ask her to share a favorite recipe or restaurant she last visited for a flawless recommendation.
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Jim Millis

Chief Technology Officer

Jim’s belief is simple: live modestly and leave the world in a better place than you found it. He does this by preparing food from his own garden and through his work at Nature’s Fynd. With over thirty years of working as an entrepreneurial leader and his expertise in fermentation technology, Jim helped create the breakthrough method used to grow our nutritional fungi protein, Fy. This innovative spirit comes from a family of creators. With a woodshop on his family’s farm and an uncle in the business of wood lathes, Jim also loves woodturning to craft stunning bowls from reclaimed wood.
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Press and Media

Nature’s Fynd Announces $350 Mil­lion Series C Fund­ing Round to Bring Fy™, its Nutri­tion­al Fun­gi Pro­tein, to Con­sumers Across the Globe

Lead­ing Food-Tech Begins Com­mer­cial Pro­duc­tion, Proves U.S. Con­sumer Accep­tance of Fy based Meat­less and Dairy-free prod­ucts, and Read­ies for Sig­nif­i­cant Geo­graph­ic Acceleration

CHICA­GO, July 19, 2021 /​PRNewswire/​— Nature’s Fynd, a food com­pa­ny grow­ing sus­tain­able pro­tein from a microbe with ori­gins in the geot­her­mal springs of Yel­low­stone Nation­al Park, announced today it has raised $350 mil­lion in a Series C financ­ing — bring­ing the company’s total financ­ing to over $500 mil­lion. The round was led by SoftBank’s Vision Fund 2* and joined by new investors includ­ing Black­stone Strate­gic Part­ners, Balyas­ny Asset Man­age­ment, Hill­house Invest­ment, EDBI, SK Inc. and Hongk­ou with con­tin­ued sup­port from exist­ing investors.

The com­pa­ny is a pio­neer in the devel­op­ment and pro­duc­tion of Fy, its high­ly ver­sa­tile nutri­tion­al fun­gi pro­tein that is grown by a rev­o­lu­tion­ary fer­men­ta­tion tech­nol­o­gy using just a frac­tion of the land, water and ener­gy required by tra­di­tion­al agriculture. 

This lat­est round of fund­ing will help accel­er­ate Nature’s Fynd growth—including expand­ing its pro­duc­tion capac­i­ty, deliv­er­ing excit­ing part­ner­ships, lay­ing the foun­da­tion for glob­al reach and extend­ing its prod­uct port­fo­lio from break­fast to din­ner and every­thing in between—to deliv­er on its mis­sion of cre­at­ing amaz­ing foods that nour­ish peo­ple while nur­tur­ing the planet.

We know con­sumers today expect great tast­ing meat and dairy alter­na­tives with­out com­pro­mis­ing on health or sus­tain­abil­i­ty. And Fy — our nat­ur­al, com­plete veg­an pro­tein deliv­ers on all fronts: amaz­ing taste and tex­ture while being health­i­er for peo­ple and gen­tler on the plan­et than tra­di­tion­al pro­teins. The suc­cess­ful launch of our Fy Break­fast Bun­dle with Orig­i­nal Meat­less Break­fast Pat­ties and Dairy-free Cream Cheese ear­li­er this year—which sold out in 24 hours— clear­ly showed that we can meet our con­sumers’ expec­ta­tions for deli­cious meat and dairy alter­na­tives with no trade­offs. In the past year, we also showed that we can grow Fy at com­mer­cial scale lever­ag­ing robot­ics and automa­tion in our new state-of-the-art facil­i­ty in Chicago’s his­toric Union Stock­yards” said Thomas Jonas, CEO and Co-founder of Nature’s Fynd. In 2022, we will bring our brand­ed Fy based foods to con­sumers in the US, expand to new geo­gra­phies with a spe­cial focus on Asia where there is sub­stan­tial demand and need for sus­tain­able pro­tein and cre­ate mul­ti­ple brand-aligned part­ner­ships for retail, quick-serve restau­rants (QSR) and emerg­ing high growth channels.”

Angela Du, Invest­ment Direc­tor at Soft­Bank Invest­ment Advis­ers said, Nature’s Fynd is com­bin­ing its unique fer­men­ta­tion tech­nol­o­gy with robot­ics to devel­op pro­tein-rich foods that are sig­nif­i­cant­ly more sus­tain­able to cre­ate, and pro­duced in a frac­tion of the time as ani­mal- and soy-based pro­teins. We are excit­ed to part­ner with Thomas Jonas and the Nature’s Fynd team to help them scale their busi­ness and cap­ture the tremen­dous glob­al oppor­tu­ni­ties in front of them.”

Ener­gized by the company’s scal­able man­u­fac­tur­ing process and the suc­cess­ful lim­it­ed-release Fy Break­fast Bun­dle Direct-To-Con­sumer launch, Break­through Ener­gy Ven­tures, Gen­er­a­tion Invest­ment Man­age­ment and 1955 Capital—who led pre­vi­ous rounds of funding—have returned to sup­port the company’s ambi­tious growth goals, along­side ear­ly investors includ­ing Danone Man­i­festo Ven­tures and ADM.

Nature’s Fynd expects to launch its Fy based meat­less and dairy-free prod­ucts in select­ed retail­ers lat­er this year.

About Nature’s Fynd

Nature’s Fynd is a Chica­go-based food com­pa­ny cre­at­ing ver­sa­tile alter­na­tive pro­teins to nour­ish the world’s grow­ing pop­u­la­tion while nur­tur­ing the plan­et. Born out of research con­duct­ed for NASA on microbes with ori­gins in Yel­low­stone Nation­al Park, the com­pa­ny’s break­through fer­men­ta­tion tech­nol­o­gy grows Fy™. Fy is a new-to-the-world nutri­tion­al fun­gi pro­tein that uses only a frac­tion of the resources required by tra­di­tion­al agri­cul­ture. For more infor­ma­tion vis­it www​.natures​fynd​.com Or fol­low along on Face­book, Insta­gram, Twit­ter or LinkedIn. The terms Nature’s Fynd,” The Fyn­der Group,” Fy,” and Fy Pro­tein” are trade­marks of the Company.

*As of the date of this press release, Soft­Bank Group Corp. has made cap­i­tal con­tri­bu­tions to allow invest­ments by Soft­Bank Vision Fund 2 (“SVF 2”) in cer­tain port­fo­lio com­pa­nies. The infor­ma­tion includ­ed here­in is made for infor­ma­tion­al pur­pos­es only and does not con­sti­tute an offer to sell or a solic­i­ta­tion of an offer to buy lim­it­ed part­ner­ship inter­ests in any fund, includ­ing SVF 2. SVF 2 has yet to have an exter­nal close, and any poten­tial third-par­ty investors shall receive addi­tion­al infor­ma­tion relat­ed to any SVF 2 invest­ments pri­or to closing.

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