UPDATE 1-Impossible Foods raises about $500 mln in new funding [Reuters]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Reuters
Impossible Foods raises about $500 million in new funding SAN FRANCISCO (Reuters) - Plant-based meat company Impossible Foods said on Monday it raised about $500 million in its latest series F funding round, which was led by new investor South Korea’s Mirae Asset Global Investments. The funding announcement comes as the novel coronavirus outbreak hits the U.S. hard with schools in many states closing and consumers emptying shelves at grocery stores. Top venture capital firm Sequoia recently called it a “black swan” event and urged its startups to be careful with cash. “Whatever the headlines are, we have the means to withstand short term shocks and realize our long term mission,” Impossible Foods Chief Financial Officer David Lee said. The latest round brings the total raised by the Redwood City, California company to $1.3 billion. Other investors in this round include Khosla Ventures, Horizons Ventures, and Temasek. Plant-based meat and lab grown meat companies have been gaining trac
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Earnings
- 11/6/24 - Beat
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- 12/18/24 - Form 4
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