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Impossible Foods Eyes $7 Billion Valuation in Fundraising

  • Plant-based meat producer is in talks to raise $500 million
  • Company competes with Beyond Meat in market for vegan burgers
Impossible Burger plant based meat.

Impossible Burger plant based meat.

Photographer: Patrick T. Fallon/Bloomberg
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Plant-based meat producer Impossible Foods Inc., which competes with Beyond Meat Inc., is in talks to raise about $500 million at a valuation of $7 billion, according to people with knowledge of the matter.

Terms of the round aren’t finalized and could still change.

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