Impossible Foods is a Plant-Based & Alt-Protein company founded in 2011 and based in Redwood City, United States. It has raised $2B in total funding, most recently a Late-stage private in 2021.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Nov 23, 2021 | Series H | $500M | $7B | Mirae Asset Global Investments |
| Mar 16, 2020 | Series F | $500M | — | Mirae Asset Global Investments |
The Impossible Burger is a plant-based ground-beef analogue made primarily from soy protein with coconut and sunflower oils, and the company's signature heme ingredient, a soy leghemoglobin produced by fermentation that Impossible says gives the patty its meaty taste, aroma and pink-when-raw appearance. It is sold as raw ground 'beef' in grocery stores and served as burgers and other dishes across tens of thousands of U.S. foodservice locations, positioned as a lower-cholesterol, plant-based substitute that cooks and behaves like conventional ground beef.
Beyond beef, Impossible Foods makes plant-based chicken products such as nuggets, patties and tenders, plus plant-based sausage and ground pork, all built on its soy- and heme-based platform. These extend the brand from burgers into formats meant to mirror familiar poultry and pork dishes, and are distributed through both retail freezers and restaurant and institutional foodservice channels, supporting the company's strategy of competing across multiple center-of-plate meat categories rather than a single hero product.
6 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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