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Impossible Foods, Inc.

Food Tech

Impossible Foods Stock

Impossible Foods is a pioneering food technology company committed to creating plant-based meat alternatives. They offer a diverse range of products designed to mimic traditional meat, including beef, sausage, chicken, and pork. Their mission focuses on creating nutritious, environmentally friendly alternatives to animal products that cater to the growing consumer demand for sustainable and ethical food choices.

Founded: 2011

Impossible Foods Website

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Impossible Foods Company Overview

Founded by Dr. Pat Brown, Impossible Foods emerged from a desire to reduce the environmental impact of animal agriculture, which is a significant contributor to climate change. Dr. Brown, a Stanford biochemist, spearheaded the development of a key ingredient called heme, which replicates the flavor and texture of meat, using genetically modified yeast. This innovation is at the heart of Impossible Foods' products, which include plant-based burgers, sausages, chicken alternatives, and more. The company's products are available in a variety of settings, from supermarkets to restaurants, aiming to make plant-based meat accessible and appealing to a broad audience. With a strong emphasis on science and sustainability, Impossible Foods uses less land, water, and energy than traditional meat production and seeks to appeal to health-conscious consumers with products that are rich in protein and free from cholesterol. Their strategy is not just to offer alternatives, but to create foods that are preferable to animal-based options in terms of taste, nutrition, and environmental impact. Impossible Foods continues to innovate and expand its product range, striving to play a crucial role in the future of sustainable food systems.

Management Team

Pat Brown Founder, CEO
Dennis Woodside President
Rachel Konrad Chief Communications Officer
David Lee CFO
Dana Wagner Chief Legal Officer
Brian Miller Chief People Officer
Sheetal Shah SVP, Product and Operations

Funding Information

News

Major health organization certifies Impossible Foods' new 'beef' product for one big benefit — here's what it means for imitation meat

Plant-based Lite Ground Beef from Impossible Foods just got a new health certification — it's been approved for diabetes management by the ADA.

Impossible Burger Closer to Europe Launch After Clearing Safety Assessment

Impossible Foods is now a step closer to launching its vegan beef burger in the EU after its heme ingredient was ruled safe for consumption.

Exclusive: Impossible Foods CEO says company will raise cash with or without IPO

NEW YORK, April 29 (Reuters) - Impossible Foods, which makes meat alternatives from soy, is targeting a "liquidity event" that could include a public offering in the next two to three years, CEO Peter McGuinness told Reuters on Monday, as alternative meats fight to win back fickle consumers.

Impossible Foods Announces Appointments of 3 Female Executives Including New CFO - vegconomist - the vegan business magazine

Impossible Foods has announced the addition of three seasoned female executives to its leadership team. The company's latest strategic hires include Elaine

Impossible Foods Partners with IHOP to Bring Plant-Based Options to Nearly 1,700 US Locations

Impossible Foods announces partnership with major American family restaurant chain IHOP to bring its plant-based sausage patties and burgers to a new demographic.

Impossible Foods wins round in 'Impossible' trademark lawsuit

Plant-based meat maker Impossible Foods convinced the 9th U.S. Circuit Court of Appeals on Tuesday to revive its lawsuit seeking to head off an Austin, Texas wellness entrepreneur's trademark-infringement allegations.

Impossible Foods Launches the Indulgent Burger as Its Boldest, Most Decadent Patty Yet

Impossible Foods is expanding its portfolio with the brand’s “boldest” burger yet - the Impossible Indulgent Burger.

Impossible Foods' Workers See Their Shares Tumble 89% Since 2021

The decline of plant-based meats has decimated the value of shares that Impossible Foods Inc. offers to employees.

Impossible Foods accused of misusing private investigators in meat-substitute patent fight

Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired private investigators who donned fake identities to solicit information about Motif's products during their patent dispute.

Impossible Foods nabs some Canadian fast food franchises as it expands in North America – TechCrunch

After rolling out in some of Canada’s most high-falutin burger bistros, Impossible Foods is hitting Canada’s fast casual market with new menu items at national chains like White Spot and Triple O’s, Cactus Club Cafe and Burger Priest.

Impossible Foods lands in 350 Sprouts stores

Impossible Foods is rolling out the Impossible Burger to 350 Sprouts Farmers Market stores in 23 states starting this week, bringing its total retail footprint to more than 10,000 locations across the US.

Impossible Foods gets $200 million in funding

Impossible Foods Inc. on Thursday said it has landed $200 million in funding — the latest parry in its battle with Beyond Meat Inc.

Impossible Burger Launches at 1,200 Publix Stores

Today, the plant-based Impossible Burger will debut at all 1,252 locations of grocery chain Publix in seven states.

The Possibilities Of Impossible Foods: An Interview With CFO David Lee

David Lee, CFO of Impossible Foods, discusses the boom in the alternative meat sector.

Starbucks launches the Impossible Foods Breakfast Sandwich as America's appetite for plant-based meat grows

Starbucks launches Impossible Foods Breakfast Sandwich at most of its U.S. locations on Tuesday. It is made with plant-based sausage, egg and cheddar cheese. The company says demand for plant-based meat alternatives is growing amid Covid-19.

Impossible Foods slashes wholesale prices by 15%

Impossible Foods is slashing prices on existing products sold to restaurants and foodservice outlets by about 15% on average.

Disney brings Impossible Burger to US parks and cruise line as demand for meat alternatives grows

Disney announced it has partnered with Impossible Foods to make the Impossible Burger the "preferred plant-based burger" of Disneyland, Disney World and the Disney Cruise Line.

Impossible Foods gets green light in Canada

Health Canada sent a letter to Impossible Foods (IMPF) confirming that it has no objections to the company's application to sell meatless patties in Canada.

Impossible Foods unveils meatless pork at CES — and it’s tasty

The plant-based protein maker — which has descended upon CES as a premier player in “food tech” — unveiled a new product to kick off this week: Impossible Pork.

Impossible Foods wins UN climate award for making plant-based meat alternatives

Silicon Valley food tech startup Impossible Foods accepted a major environmental award from the United Nations Tuesday as the company works to boost awareness of food's environmental impact.

Impossible Foods eyes doubling valuation with new round of funding, sources say

Impossible Foods, aiming for a valuation of between $3 billion and $5 billion in the fundraising round, is looking to raise between $300 million and $400 million, the sources said.

Burger King is testing 3 new Impossible burgers at 180 locations in the US

Burger King is testing 3 new Impossible burgers at select stores: the Impossible Whopper Jr., the Impossible Burger, and the Impossible Cheeseburger.

Impossible Foods seeks approval to sell its plant-based burgers in Europe

Impossible Foods filed an application in the European Union that hints it is looking to make inroads in that market.

Impossible Foods Wades into Fishless Fish

After plant-based beef, poultry, and pork, it seems the next logical step for alternative “meat” producers is fishless fish. Joining the slew of food companies developing plant-based or lab-grown alternatives to commercially fished seafood is Impossible Foods, the maker of “bleeding” plant-based burgers like those now found in Burger King locations across the nation, the New York Times reports.