Company announces $300M funding round to spur hiring and capacity expansion
Impossible Foods, Redwood City, Calif., announced a $300 million funding round led by existing investors Temasek Holdings Private Ltd., Singapore, and Horizons Ventures Ltd., Hong Kong.
The fifth equity funding round since Impossible Foods launched in 2011 is intended to accelerate the company’s rapid scale-up, including accelerated hiring and capacity expansion at the company’s Oakland, plant. In total, the foodtech startup has raised more than $750 million.