Impossible Foods Raises $108M in Series D
REDWOOD CITY, CA, Impossible Foods announced today that it has raised $108 million in Series D financing.
Impossible Foods, Inc., which is creating meat and dairy foods directly from simple plant ingredients, announced today that it has raised $108 million in Series D financing led by UBS and with participation from Viking Global Investors, among others. Earlier round investors, including Horizons Ventures, Khosla Ventures and Bill Gates, also participated.
'This latest financing ensures that we have more than enough runway to bring our first products to market,' said Patrick O. Brown, M.D., Ph.D., founder and CEO of Impossible Foods. 'We are grateful to our visionary investors, whose support will enable us to transform the global food system by providing consumers with delicious and sustainable meat and dairy foods made directly from plants.'
'To achieve a sustainable future, we need to further invest in companies like Impossible Foods that minimize the environmental impact of our food system through innovation without compromising taste,' said Samir Kaul, partner at Khosla Ventures.
About Impossible Foods
Based in Redwood City, California, 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. More information at http://impossiblefoods.com.
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