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Impossible Foods Stock (IMPF)
Impossible Foods uses a scientific approach to create plant-based alternatives to meat and dairy products.They focus on identifying the key molecules that contribute to the sensory experience of meat consumption. These molecules are then recreated using plant-based ingredients and other nutrients.
Impossible Foods, Inc. develops plant-based substitutes for meat and dairy products. According to the company, it observes animal products at the molecular level, and selects specific proteins and nutrients from greens, seeds, and grains to recreate meats and dairy products. The company's first product is the Impossible Burger, which is made from ingredients including plant-based protein, coconut oil, and heme, among other ingredients. In January 2019, the company unveiled the Impossible Burger 2.0, which swaps out whey protein for soy protein. Impossible Foods makes heme from plants. Currently, the Impossible Burger is not available online but can be found in over 17,000 restaurants and over 150 grocery stores in the U.S., Hong Kong, Macau, and Singapore. In October 2019, the Impossible Burger launched in grocery stores nationwide, becoming the No. 1 item sold at Gelson's in California.
About Impossible Foods Stock
Founded
2011
Headquarters
Redwood City, CA, US
Total Funding
2.4B
Industries
Health Care, Food and Beverage
Impossible Foods, Inc. is the developer of plant-based substitutes for meat and dairy products. The company observes animal products at the molecular level and selects specific proteins and nutrients from greens, seeds, and grains to recreate meats and dairy products. The company's flagship product is the Impossible Burger, which they claim is made from ingredients including plant-based protein, coconut oil, and heme, among other ingredients. Heme is a protein found in animal muscle and is, according to the company, responsible for the characteristic taste and aroma of meat.
The company was incorporated in 2011 and is based in Redwood City, California. Notable investors in Impossible Foods include Temasek, Bill Gates, GV, Khosla Ventures, and Li Ka-Shing.
Impossible Foods Press Mentions
Stay in the know about the latest news on Impossible Foods
Alternative meat could help the climate. Will anyone eat it?
technologyreview • Dec 07, 2024
Impossible Foods’ heme protein is safe, says EFSA GMO panel
agfundernews • Nov 16, 2024
Artificial Meat and the Future of Sustainable Food Production
techmoran • Nov 02, 2024
The Crunchbase Tech Layoffs Tracker
news • Sep 13, 2024
Motif FoodWorks Closing After Settlement With Impossible Foods
foodprocessing • Sep 10, 2024
Investors in Impossible Foods
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Impossible Foods Management
Leadership team at Impossible Foods
Chief Executive Officer
Peter McGuinness
Chief Financial Officer
Elaine Paik
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