About Impossible Foods
Impossible Foods creates plant-based alternatives to meat, dairy, and fish, aiming to improve the global food system. Their products, like the Impossible™ Burger, are designed to replicate the taste and texture of traditional animal products using specific plant ingredients. This approach allows them to cater to meat lovers while promoting sustainability. Unlike many competitors, Impossible Foods focuses on understanding consumer preferences and using science to create products that deliver similar experiences to eating meat. The company's goal is to secure a sustainable future by reducing reliance on animal agriculture.
Redwood City, CaliforniaHeadquarters
2011Year Founded
$1,823.5MTotal Funding
LATE_VCCompany Stage
Food & AgricultureIndustries
501-1,000Employees
Benefits
Paid mission days - Get paid to spend two days a year reconnecting with our mission! Spend it in nature or team up with colleagues to serve local communities and contribute to the greater good.
Generous time off policy - We offer 4 weeks paid time off, 10 paid holidays, and 2 floating holidays, so you’ll be able to take the time you need to relax and recharge.
Health & wellness - To keep your body and mind healthy, we offer premium medical coverage, emotional support resources, and access to a fitness center at our Redwood City Headquarters
Generous equity package - We offer meaningful ownership in our company so all employees can share in Impossible Foods’ success.
Financial security - To help you feel financially supported, no matter what the future holds, we offer 401k plans, life insurance, and disability insurance.
Commuter benefits - Save hundreds per year on commuter fees.
Risks
Consumer skepticism towards GMOs may affect acceptance of Impossible Foods' heme protein.
The plant-based meat market is experiencing a slowdown in growth.
Intellectual property vulnerabilities are highlighted by the settlement with Motif FoodWorks.
Differentiation
Impossible Foods uses heme protein to mimic meat's taste and texture.
The company focuses on plant-based substitutes for meat, dairy, and fish products.
Impossible Foods launched the first in-person dining experience in Chicago in 2023.
Upsides
Impossible Foods secured $500 million in new funding, boosting financial stability.
The company expanded its retail line with new products, including Disney-themed nuggets.
Impossible Foods' partnership with Whole Foods Market increases product accessibility.
Funding
Total raised$1.82 B
Latest valuation$7.00 B
StageLATE_VC
LATE VC
10/31/2021$500
$7.00 BSERIES G
7/31/2020$210
$4.10 BCONVERTIBLE
3/31/2018$114
DEBT
4/30/2016$16
$108
$540.00 MSERIES C
5/31/2014$40
$200.00 MSERIES B
6/30/2013$25
$125.00 MSERIES A
1/31/2013$3
$15.00 M