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Impossible Foods
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Produces plant-based meat and dairy alternatives
Impossible Foods
Work Here?
Produces plant-based meat and dairy alternatives
About Impossible Foods
Industries
Food & Agriculture
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$1.9B
Headquarters
Redwood City, California
Founded
2011
Overview
Impossible Foods creates plant-based alternatives to meat, dairy, and fish, aiming to transform the global food system. Their products, like the Impossible™ Burger, are designed to replicate the taste and texture of traditional animal products using specific plant ingredients. This approach allows them to cater to meat lovers while promoting sustainability. Unlike many competitors, Impossible Foods focuses on understanding consumer preferences and recreating familiar food experiences without using animals. Their goal is to secure a sustainable future for food production while providing delicious options for consumers.
Simplify's Take
What believers are saying
- Growing consumer interest in plant-based diets boosts demand for Impossible Foods' products.
- The plant-based meat market is projected to reach $8.3 billion by 2025.
- Impossible Foods secured $500 million in new funding, enhancing growth potential.
What critics are saying
- Consumer skepticism towards GMOs may impact acceptance of Impossible Foods' heme protein.
- Increasing competition in the plant-based market could dilute Impossible Foods' market share.
- Regulatory hurdles in the EU may delay expansion plans for Impossible Foods.
What makes Impossible Foods unique
- Impossible Foods uses heme protein for realistic meat-like flavor in plant-based products.
- The company launched Impossible Burger in 2016, a pioneer in plant-based meat alternatives.
- Impossible Foods focuses on sustainability, aiming to transform the global food system.
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Funding
Total Funding
$1890.6M
Above
Industry Average
Funded Over
10 Rounds
Coatue ManagementBenefits
Paid mission days - Get paid to spend two days a year reconnecting with our mission! Spend it in nature or team up with colleagues to serve local communities and contribute to the greater good.
Generous time off policy - We offer 4 weeks paid time off, 10 paid holidays, and 2 floating holidays, so you’ll be able to take the time you need to relax and recharge.
Health & wellness - To keep your body and mind healthy, we offer premium medical coverage, emotional support resources, and access to a fitness center at our Redwood City Headquarters
Generous equity package - We offer meaningful ownership in our company so all employees can share in Impossible Foods’ success.
Financial security - To help you feel financially supported, no matter what the future holds, we offer 401k plans, life insurance, and disability insurance.
Commuter benefits - Save hundreds per year on commuter fees.
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↓ -2%Impossible Foods has long established its mastery of both ingredient and flavor science, championing the use of nutrient-dense, plant-based ingredients to develop craveworthy meat - from plants.
Impossible Foods came out on top, in terms of flavor and bite, in the first TASTY Awards competition hosted by the NECTAR, an alt-protein non-profit focused on gathering consumer sensory data.
Leading plant-based brand Impossible Foods has launched a new product: Impossible Steak Bites.
Impossible Foods has introduced its inaugural steak product, Impossible Steak Bites, at the Natural Products Expo West in Anaheim, CA.
Impossible Foods has named Meredith Madden as its new Chief Demand Officer, the company announced Monday.
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About Impossible Foods
Industries
Food & Agriculture
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$1.9B
Headquarters
Redwood City, California
Founded
2011
There are no jobs for Impossible Foods right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Impossible Foods