Impossible Foods Eyes $7 Billion Valuation in Fundraising
- Plant-based meat producer is in talks to raise $500 million
- Company competes with Beyond Meat in market for vegan burgers
This article is for subscribers only.
Plant-based meat producer Impossible Foods Inc., which competes with Beyond Meat Inc., is in talks to raise about $500 million at a valuation of $7 billion, according to people with knowledge of the matter.
Terms of the round aren’t finalized and could still change.