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Impossible Foods Stock
Plant-Based Meat Alternatives
About Impossible Foods Stock
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. 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.
Impossible Foods currently sells the Impossible Burger, Impossible Pork, and Impossible Sausage. The company additionally sells its products to consumers through restaurants, such as Burger King, Qdoba, and Red Robin, grocery stores, such as Walmart, Kroger and Publix, and online.
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
G Squared
Impossible Foods, 23andMe, Fair, Collective Health, Postmates, Blend, Getaround, Capsule, Coursera, Turo
GV
Uber, Robinhood, Jet, Impossible Foods, Slack, DocuSign, Cloudera, Farmer's Business Network, 23andMe, Collective Health
Horizons Ventures
Impossible Foods, Scopely, Improbable, Airwallex, Hippo Insurance, States Title, wefox Group, BitPay, Owlstone Medical, what3words
Innovative Fund
Khosla Ventures
Instacart, DoorDash, Stripe, Palantir Technologies, Impossible Foods, View, Zenefits, Opendoor, Oscar Health, Affirm
Microsoft
Flipkart, Databricks, Impossible Foods, Pivotal, Adaptive Biotechnologies, ClearMotion, D2iq, Foursquare, SnapLogic, DNAnexus
Sailing Capital
Serena Ventures
Temasek Holdings
Ola, PharmEasy, Tokopedia, DoorDash, Impossible Foods, Wish, AvidXchange, Farmer's Business Network, Noom, Blend
Trinity Capital Investment
Viking Global Investors
Impossible Foods, Moderna Therapeutics, Ginkgo Bioworks, Apeel Sciences, Adaptive Biotechnologies, Arctic Wolf, Talkdesk, Druva, Color, Credit Karma
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 |
Management
Chief Executive Officer
Patrick Brown
Chief Communications Officer
Rachel Konrad
Press
finance - Aug, 13 2021
foodbusinessnews - Aug, 9 2021
prlog - Jul, 26 2021
thespoon - Jul, 16 2021
agfundernews - Jun, 25 2021
engt - May, 8 2021
trib - May, 7 2021
agfundernews - May, 6 2021
appleinsider - Apr, 12 2021
finance - Apr, 10 2021
webpronews - Apr, 9 2021
businesswire - Feb, 19 2021
foodsafetynews - Feb, 4 2021
reut - Feb, 2 2021
finance - Jan, 6 2021
foodbusinessnews - Dec, 8 2020
financialpost - Oct, 26 2020
dlvr - Oct, 23 2020
TechCrunch - Sep, 17 2020
TechCrunch - Sep, 1 2020
TechCrunch - Aug, 28 2020
TechCrunch - Aug, 13 2020
TechCrunch - Jul, 30 2020
Yahoo Finance! - Apr, 22 2020
Fox Business - Apr, 21 2020
Vegconomist - Apr, 18 2020
Forbes - Mar, 16 2020
Wall Streets Journal - Mar, 3 2020
Forbes - Feb, 25 2020
TechCrunch - Jan, 7 2020
mercurynews - Jan, 7 2020
dealstreetasia - Dec, 20 2019
newswire - Dec, 18 2019
Axios - Nov, 7 2019
New York Times - Oct, 22 2019
New York Times - Oct, 1 2019
Forbes - Sep, 26 2019
Fast Company - Sep, 25 2019
Forbes - Sep, 20 2019
Forbes - Aug, 26 2019
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