Announced
Completed
Financials
Tags
Food Products
meat substitutes
United States
Single Bidder
Completed
Friendly
Acquisition
Minority
Venture Capital
Private
Private Equity
Cross Border
Synopsis
Private equity firm Coatue Management led a $200m Series G funding round in Impossible Foods, a developer of plant-based substitutes for meat, dairy, and fish products. Other investors included XN Capital, Mirae, and Temasek Holdings. “The use of animals to make food is the most destructive technology on Earth, a leading driver of climate change and the primary cause of a catastrophic global collapse of wildlife populations and biodiversity. Impossible Foods’ mission is to replace that archaic system by making the most delicious, nutritious and sustainable meats in the world, directly from plants," Patrick O. Brown, Impossible Foods CEO and Founder.
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