What is Impossible Foods?
Impossible Foods Inc. is dedicated to revolutionizing the food industry by creating delicious, sustainable, and nutritious plant-based alternatives to traditional meat products. Leveraging cutting-edge food science and technology, the company aims to significantly reduce the environmental impact of animal agriculture. Its product portfolio, designed to mimic the taste and texture of conventional meat, targets a growing consumer base seeking more sustainable dietary options. The company's consistent access to significant investment capital, including its most recent major strategic backing, highlights its strong market position and investor confidence in its mission to transform global food systems.
How much funding has Impossible Foods raised?
Impossible Foods has raised a total of $1.9B across 11 funding rounds:
Series D
$108M
Other Financing Round
$16.5M
Private Equity
$75M
Other Financing Round
$114M
Series E
$300M
Series F
$500M
Series G
$200M
Other Financing Round
$500M
Series D (2015): $108M featuring Viking Global Investors, Bill Gates, Li Ka-shing, Horizons Ventures, UBS, and Khosla Ventures
Other Financing Round (2016): $16.5M backed by Trinity Capital Investment
Private Equity (2017): $75M with participation from Bill & Melinda Gates Foundation, Horizons Ventures, Khosla Ventures, Temasek, and Open Philanthropy Project
Other Financing Round (2018): $114M led by Temasek and Sailing Capital
Series E (2019): $300M supported by Horizons Ventures and Temasek
Series F (2020): $500M featuring will.i.am, Paul George, Serena Williams, Phil Rosenthal, Katy Perry, Kirk Cousins, Common, Horizons Ventures, Trevor Noah, Ruby Rose, Alexis Ohanian, Zedd, Jaden Smith, Jay-Z, Mirae Asset Global Investments, Kal Penn, Mindy Kaling, Questlove, Jay Brown, Peter Jackson, Khosla Ventures, and Temasek
Series G (2020): $200M backed by Mirae Asset Global Investments LLC, Coatue Management, Temasek, and XN
Other Financing Round (2021): $500M with participation from Mirae Asset Global Investments
Key Investors in Impossible Foods
Temasek
Temasek is a global investment company headquartered in Singapore, known for its generational investment approach and focus on making a difference with tomorrow in mind.
Horizons Ventures
Horizons Ventures partners with entrepreneurs to turn startup ventures into successful companies, appreciating active involvement alongside equity financing for visionary and pragmatic entrepreneurs.
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies, with a broad investment focus including consumer, enterprise, AI, fintech, health, and sustainable energy.
What's next for Impossible Foods?
With a significant total funding amount of $1.9B and a recent strategic investment of $500M, Impossible Foods is well-positioned for its next phase of growth. This enterprise-level backing suggests a focus on scaling production, expanding its product lines, and potentially exploring new market segments. The company's ongoing commitment to innovation in plant-based food technology, coupled with strategic capital injections, indicates a clear trajectory towards solidifying its leadership in the alternative protein industry and addressing the increasing global demand for sustainable food solutions.
See full Impossible Foods company page
