Mirae Asset Global Investments led a $500m Series F funding round for Impossible Foods.

Mirae Asset Global Investments led a $500m Series F funding round for Impossible Foods, a company that develops plant-based substitutes for meat products, with participation from existing investors including Khosla Ventures, Horizons Ventures, and Temasek. "Our mission is to replace the world’s most destructive technology -- the use of animals in food production -- by 2035. To do that, we need to double production every year, on average, for 15 years and double down on research and innovation. The market has its ups and downs, but the global demand for food is always there, and the urgency of our mission only grows. Our investors not only believe in our mission, but they also recognize an extraordinary opportunity to invest in the platform that will transform the global food system," Patrick O. Brown, Impossible Foods Founder and CEO.