{"id":18040,"date":"2019-05-14T19:19:47","date_gmt":"2019-05-14T17:19:47","guid":{"rendered":"https:\/\/dev.vegconom.de\/usa\/?p=18040"},"modified":"2019-05-15T10:50:25","modified_gmt":"2019-05-15T08:50:25","slug":"beyond-meat-rival-impossible-foods-raises-300m","status":"publish","type":"post","link":"https:\/\/dev.vegconom.de\/usa\/company-news\/beyond-meat-rival-impossible-foods-raises-300m\/","title":{"rendered":"Beyond Meat Rival Impossible Foods Raises $300M"},"content":{"rendered":"<p><a href=\"https:\/\/dev.vegconom.de\/usa\/companies-and-portraits\/impossible-foods-to-expand-further-in-2019\/\">Impossible Foods<\/a> has announced it has raised another $300 million in the latest round of funding, bringing the company\u2019s total equity to $750 million. It was announced this month that the company\u00b4s Impossible Burger will be rolled out across <a href=\"https:\/\/dev.vegconom.de\/usa\/products-and-launches\/burger-kings-impossible-whopper-a-huge-success-will-be-rolled-out-nationwide\/\">Burger King restaurants<\/a> throughout North America.<\/p>\n<p><!--more--><\/p>\n<p>Impossible Foods are the biggest competitors in the plant-based meat game to Beyond Meat, whose stock has surged 173% since its stock market launch on 2nd May. Impossible\u00b4s celebrity backers in this latest round include Jay-Z, Serena Williams, Will I Am, Trevor Noah, Katy Perry Questlove, Ruby Rose, Jaden Smith, and Serena Williams. Business investors include Google Ventures, <a href=\"https:\/\/dev.vegconom.de\/usa\/marketing-and-media\/bill-gates-environmental-benefits-of-cultured-meat-sketchy-at-best-the-experts-respond\/\">Bill Gates<\/a>, and Khosla Ventures.<\/p>\n<p>Chief Financial Officer David Lee said to Reuters, \u201cWe believe in self-reliance. Being ready to go public is a priority for the company because we need to be operating at the highest level of rigor.&#8221; He added, &#8220;But we are not in a rush, nor are we announcing an IPO filing.\u201d<\/p>\n<p>\u201cI think their (Beyond Meat) IPO indicates that retail investors along with retail consumers are ready for something better than the meat they\u2019ve been eating for decades,\u201d Lee commented about his rivals.<\/p>\n<p>This funding round brings the value of Impossible Foods to $2 billion, according to Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Impossible Foods has announced it has raised another $300 million in the latest round of funding, bringing the company\u2019s total equity to $750 million. It was announced this month that the company\u00b4s Impossible Burger will be rolled out across Burger King restaurants throughout North America.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[7326,10770],"tags":[451,16766],"class_list":["post-18040","post","type-post","status-publish","format-standard","hentry","category-company-news","category-top-stories","tag-impossible-burger","tag-ipo","infinite-scroll-item"],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"mailpoet_newsletter_max":false},"uagb_author_info":{"display_name":"Emma Clarkson","author_link":"https:\/\/dev.vegconom.de\/usa\/author\/emma\/"},"uagb_comment_info":0,"uagb_excerpt":"Impossible Foods has announced it has raised another $300 million in the latest round of funding, bringing the company\u2019s total equity to $750 million. It was announced this month that the company\u00b4s Impossible Burger will be rolled out across Burger King restaurants throughout North America.","_links":{"self":[{"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/posts\/18040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/comments?post=18040"}],"version-history":[{"count":0,"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/posts\/18040\/revisions"}],"wp:attachment":[{"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/media?parent=18040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/categories?post=18040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.vegconom.de\/usa\/wp-json\/wp\/v2\/tags?post=18040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}