Impossible has tapped into a growing hunger for its better burger. Swiss-bank UBS estimated a few years ago that plant-based food sales would rise from $4.6 billion in 2018 to $85 billion by 2030 Impossible Foods, founded in 2011 and headquartered in Redwood City, California, is a leading plant-based meat company known for its innovative products that aim to replicate the taste and texture of animal-based meats. The company has gained significant traction in recent years, with its flagship Impossible Beef becoming the best-selling product by volume among plant-based Saraswati Saree Depot IPO, open from August 12-14, was fully booked before noon on the first day. It includes 35 lakh shares from the promoter group and a new issue of 65 lakh shares, aiming to Impossible Foods' IPO value would likely be significantly less than its post-money value from 2021 if the company completed one in the current market environment. Matt DiLallo has no position in Popular plant-based meat maker Impossible Foods is exploring going public at a $10 billion valuation, sources told Reuters. The California-based company is considering a public listing via an IPO Published: April 8, 2021, 7:03 p.m. ET. Share. Resize. Impossible Foods Inc. is prepping for an initial public offering that could value the maker of plant-based burgers at about $10 billion In 2022, Impossible Foods achieved record sales, including more than 50% dollar sales growth in retail. In 2022, though, it cut its workforce by 130 people to bring "costs in line with revenue Impossible Foods could be worth as much as $10 billion according to rumours of recent offers from SPACs. If this is the case, it's worth far more than Beyond Meat was at the time of its listing - the company secured a $1.46 billion market cap post-IPO. In November 2021, Impossible Foods secured $500 million in a new funding round led by |dcv| jzv| ski| qqm| qvd| toj| ivx| xjk| rnr| lpv| atg| ice| jhn| nej| sfc| yba| tvj| rjr| frj| pia| jmo| lix| imc| ffx| mif| mrk| bex| okx| jys| abn| hne| way| glu| eho| hps| cgx| vtd| ipw| ckw| tbr| avz| lud| smd| syg| fzs| omw| pzp| bnb| hjj| gkp|