Impossible Foods In Talks for Additional Fundraising

Impossible Foods is in talks with investors about a new round of fundraising that could more than double its $2 billion valuation, reports Reuters. The fundraising could set the stage for an IPO as early as next year, according to sources familiar with the matter.

“We need to consider every option for fueling our long-term growth. However, we have not announced any plans or timing regarding an IPO,” an Impossible Foods spokeswoman said, declining to comment on any potential fundraising plans. Full Story

Related: Impossible Foods May Expand into Europe; Impossible Burger Comes to East Coast Retail Locations.

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