Impossible Foods Raises $700M in Series H

Impossible Foods has successfully raised $700M in a Series H at a $7B valuation led by Temasek Holdings, Mirae Asset, Horizons Ventures, Khosla Ventures, Bill Gates, Sailing Capital.

Company Overview

Impossible Foods is a Food Tech company headquartered in 801 Veterans Boulevard, Redwood City, CA 94063, founded in 2011 with 700+ employees.

Plant-based meat substitute

Fundraising Details

• Amount Raised: $700M
• Round Type: Series H
• Valuation: $7B
• Date: 2024-03-31
• Investors: Temasek Holdings, Mirae Asset, Horizons Ventures, Khosla Ventures, Bill Gates, Sailing Capital

About Impossible Foods

Plant-based meat substitute The company is positioned in the Food Tech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 801 Veterans Boulevard, Redwood City, CA 94063
• Founded: 2011
• Team Size: 700+
• Industry: Food Tech

What This Means

This funding round demonstrates strong investor confidence in Impossible Foods's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Food Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Impossible Foods's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $7B valuation marks an important milestone for Impossible Foods, positioning the company among notable players in the Food Tech industry.

Looking Ahead

With this new capital, Impossible Foods is well-positioned to execute on its growth strategy and continue building innovative solutions in the Food Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-03-31. For more information about Impossible Foods, visit their headquarters at 801 Veterans Boulevard, Redwood City, CA 94063.