Head Topics

Impossible Burger creator raises US$300m in Series E round led by Temasek, Horizon Ventures

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Singapore Headlines News

IMPOSSIBLE Foods has raised US$300 million in a Series E funding round led by existing investors Temasek Holdings and Hong Kong tycoon Li Ka-shing's personal venture fund Horizons Ventures, the food-tech startup said on Tuesday. Read more at The Business Times.

IMPOSSIBLE Foods has raised US$300 million in a Series E funding round led by existing investors Temasek Holdings and Hong Kong tycoon Li Ka-shing's personal venture fund Horizons Ventures, the food-tech startup said on Tuesday.

The company's fifth equity funding round will help to speed up, among others, hiring and capacity expansion at its plant in Oakland, California.In addition to the two institutional investors, the Series E round includes celebrity investors such as JAY-Z, Trevor Noah, Katy Perry and tennis star Serena Williams.

Previous notable investors include Bill Gates and Google Ventures, the venture capital arm of Google's parent company Alphabet. The company was launched in 2011, and its signature Impossible Burger landed on Singapore shores in March 2019. In Asia, the burger is sold in various restaurants in Hong Kong, Singapore and Macau. It plans to launch the Impossible Burger in retail outlets later this year.

Source: News Formal (newsformal.com)

 

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

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: Impossible Foods raises US$300 million with investors eager for bite of meatless burgersImpossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said on Monday it ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: Impossible Foods raises US$300 million with investors eager for bite of meatless burgersImpossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said on Monday it ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Singapore food tech startup Grain bags US$10m in Series B funding led by Singha VenturesSINGAPORE-BASED food tech startup, Grain, has raised US$10 million in a seed round led by Thailand's Singha Ventures, as it looks to expand to other Asian cities, starting with Bangkok. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Edtech startup Cialfo raises US$3m in Series A funds for US expansionCIALFO, a college admissions platform headquartered in Singapore, has raised US$3 million in equity for its Series A round led by DLF Venture, with support from Enterprise Singapore investment arm Seeds Capital, YK Capital and angel investors. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Adtech startup Pencil raises S$1.5m in Wavemaker-led seed roundSINGAPORE-based adtech startup Pencil has raised S$1.5 million through a seed round led by early-stage venture capital firm Wavemaker Partners, together with SGInnovate and talent investor Entrepreneur First. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Philippine insurtech platform Maria Health raises US$1m in seed roundPHILIPPINES-BASED Maria Health, a digital platform for distributing health insurance products, has raised US$1 million in a seed round led by Gobi Ventures. Other notable investors include tryb Group, Wavemaker Partners, Hustle Fund and Grand Metro Holdings. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Every grabs lead before third round halted at Byron NelsonTee times at a saturated Trinity Forest were pushed back six hours due to inclement weather but that hardly bothered Every as he went six-under ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Local education start-up Cialfo raises US$3 million to expand into US marketSINGAPORE - Singapore-based education start-up Cialfo announced on Tuesday (May 14) that it has raised US$3 million (S$4.1 million) in funding as it expands into the US market.. Read more at straitstimes.com. this is ur intern place right cennicchan stanley~~
Source: The Straits Times - 🏆 8. / 63 Read more »

Facebook raises minimum wages for US contract workers to US$20/hourFacebook Inc said on Monday it was raising wages for its U.S. contract workers, such as cafeteria staff and janitors, to a minimum of US$20 per ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China to raise tariffs on US$60b worth of US goods from June 1[WASHINGTON] China says it will raise tariffs on $60 billion worth of U.S. goods from June 1, Bloomberg News reports. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Local food startup bags US$10m in Series B fundingSINGAPORE-BASED food-tech startup Grain has raised US$10 million in a Series B funding round led by Thailand's Singha Ventures, as it looks to expand to other Asian cities, starting with Bangkok. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »