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Impossible Foods raises $300 million as the meat-substitute company struggles to meet skyrocketing demand

Business Insider Monday, 13 May 2019
Impossible Foods raises $300 million as the meat-substitute company struggles to meet skyrocketing demand· Impossible Foods announced a $300 million Series E funding round on Monday. 
· The funding will primarily be used to increase Impossible Foods' ability to keep up with demand, as the company has recently struggled with shortages. 
· Despite rival Beyond Meat's explosive IPO, Impossible Foods CFO David Lee tells Business...
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News video: Plant-Based Meat Is Taking Over At Fast Food Chains

Plant-Based Meat Is Taking Over At Fast Food Chains 00:44

According to Business Insider, plant-based meat alternatives are making huge inroads into the fast-food and casual-dining market. Impossible Foods announced it had raised $300 million in its latest funding round and last week Beyond Meat went public and saw its stock jump 163% on its first day of...

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