Portfolio Update Jerome Darker Portfolio Update Jerome Darker

Coatue Leads $200 Million Funding Round for Impossible Foods

The new investment will be used for research, product development, international operations and other core functions, the company said in a statement. New investor Coatue Management LLC led the round, and Mirae Asset Global Investments, Temasek Holdings Pte and XN Capital also participated.

Plant-based meat producer Impossible Foods Inc. said it raised $200 million in its latest funding round, bringing the total investment raised by the company to nearly $1.5 billion.

The new investment will be used for research, product development, international operations and other core functions, the company said in a statement. New investor Coatue Management LLC led the round, and Mirae Asset Global InvestmentsTemasek Holdings Pte and XN Capital also participated.


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Portfolio Update Jerome Darker Portfolio Update Jerome Darker

Impossible Foods Announces Starbucks Partnership

Impossible Foods is known for its plant-based meat alternatives, but it’s expanding its breadth of products, buoyed by a cultural movement, an unforeseen pandemic and — in true Silicon Valley fashion — science. On Tuesday it announced that its Impossible Breakfast Sandwich has been added to Starbucks’ menus and most  of its locations in the U.S.

Impossible Foods is known for its plant-based meat alternatives, but it’s expanding its breadth of products, buoyed by a cultural movement, an unforeseen pandemic and — in true Silicon Valley fashion — science. On Tuesday it announced that its Impossible Breakfast Sandwich has been added to Starbucks’ menus and most  of its locations in the U.S.


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