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Impossible Foods raises another $114 million for meatless burgers

Redwood City’s Impossible Foods announced Tuesday that it has raised an additional $114 million in financing, making a total of $396 million in funding since it was founded in 2011 by Stanford University biochemistry Professor Pat Brown.

Best known for its Impossible Burger, a plant-based burger that cooks, tastes and looks much like a beef patty, the food technology company increased production last year with its new factory in Oakland. The burger is now served at the Oakland Coliseum and will be offered at San Francisco’s AT&T Park as well, among some 1,000 food-service outlets that serve it across the country.

By Tara Duggan

https://www.sfchronicle.com/business/article/Impossible-Foods-raises-another-114-million-for-12809487.php?utm_source=email&utm_medium=email&utm_content=newsletter&utm_campaign=sfc_biztek

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