• Emerging Technology (ET)

    20 Jul 2021

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


Alternative proteins have rapidly improved in taste, texture, functionality, and scalability of production techniques, with cost parity expected as early as 2023. EDBI's investment and partnership with Nature's Fynd will drive expansion of their best-in-class microbial protein to new high-growth markets in Asia, while leveraging Singapore’s forward-looking regulatory environment to develop capabilities here and contribute to our 30-by-30 food security goals.


Read the full press release from Nature's Fynd
[Link to Press Release]


NF


Copyright © 2021 EDBI Pte Ltd