Impossible Foods

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by @ericof
2020-08-14T09:00:01+00:00
Business • Innovation & Sustainability
Impossible Foods raises another $200 million in funding
Impossible Foods raises another $200 million in funding
Credit: Impossible Foods

Impossible Foods announced Thursday it has landed an additional $200 million in funding, to a total of $1.5 billion since its founding in 2011. The round was led by Coatue, a technology-focused hedge fund.

The company said it intends to use the funds to expand research and development programs, accelerate manufacturing, increase its retail presence, and develop the next-generation of plant-based products.