Impossible Foods

Emailed on March 20th 2020 in The Friday Forward

Impossible Foods, a Redwood City, Calif.-based maker of plant-based protein products, raised $500 million in Series F funding led by Mirae Asset Global Investments.

"Plant-based meat and lab-grown meat companies have been gaining traction with many consumers becoming more aware of the environmental impact of industrial husbandry. Rival Beyond Meat is trading at three times its initial public offering price in May and worth around $4.5 billion even after the recent market rout."

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Sean Steigerwald