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Impossible Foods Raises A Insane $108 Million For Its Plant-Based Burgers!

Posted by: on Oct 7, 2015 | No Comments

Impossible Foods, a four-year-old, Redwood City, Ca.-based Company at work on a new generation of meats and cheeses made entirely from plants, has raised $108 million in new funding from a powerful group of backers. Investors in the round, which was led by UBS, include Viking Global Investors and earlier backers Khosla Ventures; Microsoft co-founder Bill Gates; and Horizons Ventures, which invests on behalf of Hong Kong business magnate Li Ka-shing.

Impossible Foods was founded by Patrick Brown, who spent 25 years as a biochemistry professor at Stanford before co-founding a four-year-old Hayward, Ca.-based food company called Kite Hill that has developed numerous nut milk products that it says are healthier and more sustainable than their dairy counterparts. Learn more at  TechCrunch link.

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