1125 N. Charles St, Baltimore, MD 21201. “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,” said Dr. Patrick O. It recently added an executive from Gap (NYSE:GPS) to its board. Its sandwiches are available at Restaurant Brands’ (NYSE:QSR) Burger King and at Starbucks (NASDAQ:SBUX). He talks about the environmental benefit of replacing meat in the food system. Copyright © 2020 InvestorPlace Media, LLC. The company’s retail partners include Walmart (NYSE:WMT), Kroger (NYSE:KR) and Target (NYSE:TGT). He is the author of the environmental thriller Bridget O’Flynn and the Bear, available at the Amazon Kindle store. Impossible Foods, the popular plant-based protein startup, has secured about half a billion dollars in fresh funding. While fake meat makes good burger patties, there remains the problem of muscle texture. “2020 has been a year of explosive growth for us, but this is just the beginning,” said David Lee, CFO for Impossible Foods. These risks include: 1) Greater chance of failure2) Risk of fraudulent activity3) Lack of liquidity4) Economic downturns5) Dearth of investor education. The refusal of Impossible Foods to IPO is yet another example of how the public market has ceased to be a way to generate wealth and is now just a way to cash out. Investors interested in buying Impossible Foods stock will have to wait as the firm focuses on rounds of private funding. With a robust plant-based supply chain, the company has experienced no disruptions to its manufacturing operations during COVID-19 and has achieved new production milestones month over month – a stark contrast to the slaughterhouse industry that experienced rampant COVID-19 outbreaks. The food-tech startup has raised about $1.5 billion since its founding in 2011. Investor Activity Impossible Foods has actively raised capital from investors. A week later, Starbucks launched the Impossible Breakfast Sandwich in all 15,000 Starbucks nationwide. In June, Impossible Foods debuted its direct-to-consumer e-commerce site with two-day delivery in the continental United States. Article printed from InvestorPlace Media, https://investorplace.com/2020/09/retail-investors-cant-invest-in-impossible-foods-stock/. Their latest funding was raised on Aug 13, 2020 from a Series G round. “We plan to create plant-based upgrades for every major category of animal-derived food products. At least 75 percent of buyers report having tried Impossible Burger previously in restaurants, including Burger King, White Castle and Red Robin. Based in California’s Silicon Valley, Impossible Foods is a privately held food tech startup founded in 2011 by Brown, a professor emeritus of biochemistry at Stanford University and a former Howard Hughes Medical Institute investigator. To do that, Impossible Foods needs to sustain our exponential growth in production and sales, and invest significantly in R&D. All rights reserved. Burger King became the first restaurant to roll out Impossible Sausage in June when it launched the Impossible™ Croissan’wich in all 7,500 locations in the United States. All rights reserved. When cooked medium-well, there’s almost no difference. At one grocery store in Southern California, Impossible Burger outsold all brands of ground beef from cows – and it outsold the next most popular single product by 6X. Impossible Meat’s innovation is soy leghemoglobin, which does the job of heme in making meat juicy and pink. 1 item sold on the East and West coasts at some of America’s favorite grocery stores, outselling all ground beef from cows at many grocery stores. You just can’t get on it. Nov. 25, 2020, 7 Growth Stocks to Buy as We Head Into 2021, 6 Big-Cap Energy Stocks to Avoid Heading Into 2021, 7 Electric Vehicle Stocks That Could Be Your Joyride into 2021. While there are many players in the space, two of the most recognizable brands are Impossible Foods and Beyond Meat (NASDAQ:BYND), so investors assume these are cutthroat competitors. Impossible Foods has raised rounds of $75 million and $108 million from investors including Google Ventures, Khosla Ventures, Viking Global Investors, UBS, Hong Kong billionaire Li Ka-shing's Horizons Ventures, and Bill Gates. CEO Patrick Brown has talked about structured meat as a goal but hasn’t announced any. Source: Sundry Photography/Shutterstock.com. While we like to think of investors as being of one class, that’s no longer true. 1125 N. Charles St, Baltimore, MD 21201. Investors are looking to get a piece of Impossible Foods before it goes public, according to the Wall Street Journal. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The market for plant-based meat is expected to grow at 18% per year for the next five years, to $12 billion by 2025. It’s now available in more than 8,000 grocery stores across all 50 states, including Walmart, Kroger, Trader Joe’s and more – a more than 60X increase in Impossible Foods’ retail footprint in the past six months. Impossible Foods has already banked $1.5 billion. They see less information, but they also see more opportunity. Meat from cows still costs less. Instead, the company that wants to revolutionize food is continuing to take big checks from celebrities and venture funds. Note: Impossible Foods's revenues are gauged from an analysis of company filings. Uber (NYSE:UBER) didn’t go public until its venture investors faced a “down round,” raising capital at a lower valuation than previously.

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