Exclusive: Impossible Foods eyes doubling valuation with new funding

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Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks wi...

- Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2 billion valuation it attained in May, according to people familiar with the matter.

The Redwood City, California-based company is seeking to capitalize on growing consumer demand for meat alternatives. Rival Beyond Meat Inc has seen the value of its shares more than triple since going public in May, and is now worth around $4.8 billion. Some existing Impossible Foods investors have been pushing for a larger raise at a higher valuation, one of the sources said.

 

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This is NOT a healthy alternative. Saturated fat and sodium is ridiculously high. Not plant-based, but oil-based.

Give a Recent joerogan Clips where he discusses the FakeMeat with someone that is InTheKnow

They need to use other protein besides SOY!!!!!

I understand all of those words, but not in that configuration.

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