Impossible Foods raises additional $500M

Impossible Foods announced it raised $500 million in its latest round of funding.

That brings its funding to $1.3 billion since the meat alternative company was founded nearly nine years ago.

"The market has its ups and downs, but the global demand for food is always there, and the urgency of our mission only grows," said Dr. Patrick Brown, founder and CEO of Impossible Foods. "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.”

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