Impossible Foods Stock
Plant-Based Meat Alternatives
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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
Khosla Ventures
Instacart, Stripe, DoorDash, Impossible Foods, Palantir Technologies, Commonwealth Fusion, View, Zenefits, Eat Just, Opendoor
Serena Ventures
G Squared
Impossible Foods, Bolt, 23andMe, Convoy, Fair, Collective Health, Postmates, Blend, Getaround, Tipalti
Trinity Capital Investment
Innovative Fund
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
Vice President of Finance and Strategy
Johanna Honeyfield
Press
vegconomist - Apr, 6 2024
Impossible Foods Partners with US Army Central to Serve Plant-Based Options to Overseas Troopsfinance - Apr, 6 2024
Impossible Foods makes executive changes for a 'decisive year,' CEO saysfastcompany - Apr, 6 2024
Impossible's meatier new brand promises that plants can bleed redvegconomist - Apr, 6 2024
Impossible Foods Announces Appointments of 3 Female Executives Including New CFOmediapost - Mar, 19 2024
Seeing Red, Impossible Foods Aims For Meat Lovers With Brand Refresh