Impossible Foods was founded in 2011 by Patrick Brown. In a February 2023 report with Yahoo Finance, the President and Chief Executive Officer of Impossible Foods Peter McGuinness discussed a possible IPO, saying, “It'll happen, probably not this year.”
Impossible Foods is a plant-based meat alternative developer. Per Forge data, Impossible Foods raised $1.9 billion in funding over 12 rounds. Their latest funding was raised on Nov 23, 2021, from a Series H round. Key investors include Khosla Ventures, UBS, and Sailing Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/23/2021 | Series H-2 | $43.52MM | $xx.xx | $683.81B | Mirae Asset Global Investments, Rubix | |
Price per Share
$xx.xx
Shares Outstanding
1,801,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mirae Asset Global Investments, Rubix
|
||||||
11/23/2021 | Series H-1 | $500.15MM | $xx.xx | $683.81B | Mirae Asset Global Investments, Rubix | |
Price per Share
$xx.xx
Shares Outstanding
20,700,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mirae Asset Global Investments, Rubix
|
||||||
08/13/2020 | Series G-2 | $9.53MM | $xx.xx | $405.04B | Coatue Management, Mirae Asset Global Investments, Temasek Holdings, Xn | |
Price per Share
$xx.xx
Shares Outstanding
590,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, Mirae Asset Global Investments, Temasek Holdings, Xn
|
||||||
08/13/2020 | Series G-1 | $200.1MM | $xx.xx | $405.04B | Coatue Management, Mirae Asset Global Investments, Temasek Holdings, Xn | |
Price per Share
$xx.xx
Shares Outstanding
12,390,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, Mirae Asset Global Investments, Temasek Holdings, Xn
|
||||||
03/16/2020 | Series F-2 | $203.46MM | $xx.xx | $367.39B | Horizons Ventures, Khosla Ventures, Mirae Asset Global Investments, Temasek Holdings | |
Price per Share
$xx.xx
Shares Outstanding
13,200,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Horizons Ventures, Khosla Ventures, Mirae Asset Global Investments, Temasek Holdings
|
||||||
03/16/2020 | Series F-1 | $500.95MM | $xx.xx | $367.39B | Horizons Ventures, Khosla Ventures, Mirae Asset Global Investments, Temasek Holdings | |
Price per Share
$xx.xx
Shares Outstanding
32,500,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Horizons Ventures, Khosla Ventures, Mirae Asset Global Investments, Temasek Holdings
|
||||||
05/13/2019 | Series E-2 | $61.96MM | $xx.xx | $207.68B | Alexis Ohanian, Blue Horizon, Fall Line Capital, Gates Ventures, Horizons Ventures, Jay Brown, Khosla Ventures, Next Play Capital, Open Philanthropy Project, Rabil Ventures, Sailing Capital, Serena Capital, Shawn Carter, Temasek Holdings, Ubs, Viking Global Investors | |
Price per Share
$xx.xx
Shares Outstanding
5,842,860
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexis Ohanian, Blue Horizon, Fall Line Capital, Gates Ventures, Horizons Ventures, Jay Brown, Khosla Ventures, Next Play Capital, Open Philanthropy Project, Rabil Ventures, Sailing Capital, Serena Capital, Shawn Carter, Temasek Holdings, Ubs, Viking Global Investors
|
||||||
05/13/2019 | Series E-1 | $238.04MM | $xx.xx | $207.68B | Alexis Ohanian, Blue Horizon, Fall Line Capital, Gates Ventures, Horizons Ventures, Jay Brown, Khosla Ventures, Next Play Capital, Open Philanthropy Project, Rabil Ventures, Sailing Capital, Serena Capital, Shawn Carter, Temasek Holdings, Ubs, Viking Global Investors | |
Price per Share
$xx.xx
Shares Outstanding
22,448,884
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexis Ohanian, Blue Horizon, Fall Line Capital, Gates Ventures, Horizons Ventures, Jay Brown, Khosla Ventures, Next Play Capital, Open Philanthropy Project, Rabil Ventures, Sailing Capital, Serena Capital, Shawn Carter, Temasek Holdings, Ubs, Viking Global Investors
|
||||||
10/06/2015 | Series D | $125MM | $xx.xx | $74.39B | Collaborative Fund, Gates Ventures, Horizons Ventures, Khosla Ventures, Ubs, Viking Global | |
Price per Share
$xx.xx
Shares Outstanding
27,780,524
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Collaborative Fund, Gates Ventures, Horizons Ventures, Khosla Ventures, Ubs, Viking Global
|
||||||
06/27/2014 | Series C | $41.12MM | $xx.xx | $27.89B | Gates Ventures, Gv, Horizons Ventures, Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
20,232,702
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gates Ventures, Gv, Horizons Ventures, Khosla Ventures
|
||||||
07/17/2013 | Series A-1 | $3.06MM | $xx.xx | $15.59B | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
7,803,667
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures
|
||||||
07/17/2013 | Series B | $27.58MM | $xx.xx | $15.59B | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
20,428,547
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures
|
||||||
09/11/2011 | Series A | $6.42MM | $xx.xx | $6.42B | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,420,560
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Khosla Ventures
|