Impossible Foods raises $300 million as the meat-substitute company struggles to meet skyrocketing demand

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Impossible Foods has raised another $300 million in funding as the market for vegan meat substitutes heats up.

On Monday, Impossible Foods announced a $300 million Series E funding round led by Temasek and Horizon Ventures. They were joined by more than a dozen individual investors with star status, including Jay-Z, Serena Williams, Alexis Ohanian, Katy Perry, and Jaden Smith.

Impossible Foods has struggled to keep up with increased demand, with restaurants selling the Impossible Burger facing shortages in recent months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm told general fillers and dyes are okay for our Health. Bright Chicken Wings all orange and red and burgers that are 40 percent filler but eat what tastes okay, don't torture your self with bland or other. I will look after the life of the cow and chicken, they will not suffe

Then management sucks...do you need a crayon 🖍 💋🤦‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU

Australia Australia Latest News, Australia Australia Headlines