Source: Danielle Wiener-Bronner, WRAL TECHWIRE, 8/17/20


Investors are finding Impossible Food’s plant-based meat increasingly appetizing as the brand leans into retail. Impossible announced last week that it has raised another $200 million in funding, bringing the company’s financing to a total of about $1.5 billion. This latest round, the second this year, was led by the hedge fund Coatue. It will be used to pay for product development, international operations and more.

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