Crowned by Burger King, meat replacement company Impossible Foods raises $300 million
After being crowned by Burger King as the first meat replacement patty to roll out nationally with one of the largest fast food chains, Impossible Foods has raised $300 million in capital.
The financing brings the company’s total equity raise to $750 million — and provides a sizable pool of funds to draw from as it continues to compete with its newly publicly traded rival, Beyond Meat.Beyond Meat rockets in early trading on Nasdaq, reaching a valuation of over $3 billionBoth companie
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