SINGAPORE (May 14): Impossible Foods announced it has raised US$300 million (S$410.5 million) in its latest Series E funding round, led by existing investors Temasek and Horizon Ventures.
Impossible Foods was launched in 2011 and is a Silicon Valley-based company that makes meat and dairy products from plants — with a much smaller environmental footprint than meat from animals. It uses modern science and technology to create wholesome food, restore natural ecosystems, and feed a growing population sustainably. Since its launch, it has raised a total of more than US$750 million.
In this funding round, Impossible Foods intends to use the proceeds to accelerate the company’s rapid scaleup, which will include...(click on link for full story on theedgesingapore.com)