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Impossible Foods’ Meatless Burgers Have Made It A $2B Company

by vox.com posted 2months ago 24 views
Following Beyond Meat’s IPO, Impossible Foods says it has raised $300 million in its latest funding round. Impossible Foods, the alternative meat company that makes the Impossible Burger, announced today that it has raised an additional $300 million to take plant-based meat mainstream. The new round of funding was first reported by Reuters. It’s a big fundraising haul, one that reflects the intense investor demand right now for alternatives to conventional meat. The new round of funding values the company at $2 billion, insiders told Reuters. Impossible Foods makes a meat-free burger that tastes and cooks a lot like meat.

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