Impossible Foods was founded in 2011 by Stanford biochemist Patrick Brown. In an interview from October 2019 during TechCrunch Disrupt, CEO Patrick Brown noted that he doesn’t see an IPO in the company’s near-term roadmap. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Impossible Foods develops plant-based meat alternatives. The company has raised nearly $1.5 billion in Venture Capital funding from investors including Coatue Management, XN, Qatar Investment Authority, Quantum Global Partners, AME Cloud Ventures, Blue Horizon, Sailing Capital, Temasek Holdings, Gates Ventures, Horizons Ventures, and Khosla Ventures. Per company press releases, Impossible Foods last raised $200 million in August 2020 at a post-money valuation of over $4 billion.