Impossible Foods announced it has secured another $200 million in funding through a Series G led by new investor Coatue. This round, which brings total funding for the company close to $1.5 billion since its 2011 launch, comes less than six months after the company raised $500 million Series F in March.
Impossible Foods plans to use the money from this round to expand its R&D programs, to accelerate the scaling of its manufacturing capabilities, to increase retail presence, and to accelerate the commercialization and development of its next-generation plant-based products.