Share with your friends

Impossible Foods raises $500m in Series F, brings total funding to almost $1.3bn

Impossible Foods raises $500m in Series F

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand


Also on


[16 March, Elaine Watson, Food Navigator]

In their series F funding round, Impossible Foods have raised a further USD$500m (approx. NZD$840,000), from both new and existing investors to bring their total funding just below USD$1.3 billion (approx. NZD$2.2 billion) since 2011. A new investor Mirae Asset Global Investments led the funding round, with participation from several other investors. The company’s founder and CEO Pat Brown states that the money will support several functions including research and innovation, retail presence, and the commercialisation of new products. Impossible Foods is aiming to double production every year for the next 15 years, to achieve their 2035 mission of replacing animal food production and transforming the global food system.

To read this week's full edition of Field Notes, please click here.

To read the full original article, please click here.


© 2020 KPMG, a New Zealand Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us


Want to do business with KPMG?


loading image Request for proposal