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Impossible Foods, the six-year-old, Redwood City, Ca.-based company known for its "juicy" meatless burgers, quietly announced $75 million in funding late last week, led by Temasek, with participation from Open Philanthropy, as well as earlier investors Bill Gates, Khosla Ventures and Horizon Ventures.
The company says it isn't providing further financial details but the round brings Impossible's funding to nearly $300 million, including earlier rounds that have included GV, Viking Global Investors and UBS.
Impossible's burgers are made with soy leghemoglobin, a protein that carries heme, an iron-containing molecule that occurs naturally in every animal and plant.
The company has said it wants to replace a number of animal products with goods engineered from plants, but for now, it seems squarely focused on getting more of its burgers into the world. Part of that strategy involved opening a factory in Oakland, Ca., in May, where it expects to be producing 1 million pounds of ground "plant meat" each month.
Thought the race was on to have us eat insects.
(Score: 2) by captain normal on Monday August 07 2017, @12:18AM (1 child)
http://www.mercola.com/article/soy/avoid_soy.htm [mercola.com]
The Musk/Trump interview appears to have been hacked, but not a DDOS hack...more like A Distributed Denial of Reality.
(Score: 2) by takyon on Monday August 07 2017, @12:39AM
Mercola is shit. [google.com]
Bad grammar, no insight.
Another warning sign: linking it to debunked fearmongering.
Maybe soy is bad for humans. But Mercola could be worse.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]