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Impossible Foods Stock

Plant-Based Meat Alternatives

Founded

2011

Notable Investors

GV

Headquarters

Redwood City CA, US

Total Funding

$2.4B

About Impossible Foods Stock

Impossible Foods, Inc. aims to develop 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. In January 2019, the company unveiled the Impossible Burger 2.0, which swaps out whey protein for soy protein. Heme is a protein found in animal muscle and is, according to the company, responsible for the characteristic taste and aroma of meat. Impossible Foods makes heme from plants.

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.

Investors

Funding History

September 2011$6.4M
February 2013$3.1M
July 2013$27.6M
June 2014$41.1M
August 2015$125M
May 2019$774M
May 2019$201M
March 2020$297M
March 2020$203M
August 2020$191M
August 2020$9.5M
November 2021$457M
November 2021$43.5M

Management

Chief Executive Officer

Peter McGuinness

Chief Financial Officer

David Borecky

Press

Impossible Foods names new CFO

foodbusinessnews - Aug, 9 2021

Impossible Foods enters frozen meal category

foodbusinessnews - Sep, 2 2022

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Some data provided by Crunchbase

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