According to Reuters, Impossible Foods has raised about $500 million in its latest series F funding round, which was led by South Korea's Mirae Asset Global Investments, a new investor. Existing investors including Hong Kong's Horizons Ventures and Singapore's Temasek also committed more cash. Khosla Ventures also participated in the round.

Impossible Foods was founded in 2011 to offer consumers a better choice: animal-free meat and dairy foods made directly from plants that are delicious, healthy, affordable, and use far fewer of Earth's finite resources to produce than animal-derived foods.