Founded in 2011 by Stanford biochemistry professor and former pediatrician Dr. Patrick O. Brown, Impossible Foods makes meat from plants - with a smaller environmental footprint than meat from animals.
Meat substitutes are a super-hot area right now as people try their products in increasing numbers, attracted by the healthier credentials and lower impact on the environment - and Beyond Meat's share price reflects this popularity as its share price has nearly tripled since its flotation a couple of weeks ago. "We believe in self-reliance. Being ready to go public is a priority for the company because we need to be operating at the highest level of rigor", Lee said.
"The principle use of this $300 million is to increase our ability to serve this unprecedented demand we're seeing", Lee tellsBusiness Insider's Kate Taylor.
Plant-based meat substitute producer Impossible Foods got another cash injection, this time of $300m, which now implies a value of the company of $2bn.
The Impossible Burger is now sold in more than 7,000 restaurants in the us and Europe and has been a top-selling item and a driver of new foot traffic, according to the company.
In 2016, it released its Impossible Burger product, created to look and taste like a beef burger.
In addition to an increasing number of restaurants that sell the Impossible Burger, chefs are expanding the number of items made from the plant-based meat, with average per-store volume increasing.
ITV cancels The Jeremy Kyle Show That evidence, and the fact that ITV is plastered across front pages once again, will have weighed heavily on the board's mind. Lie detectors were a regular fixture on the programme, which often featured disputes between partners and family members.
There's seems to be a certain cachet about it all in the entertainment world, if Impossible's press release is any indication.
A few institutions also invested in the company, including: Khosla Ventures, Google Ventures, Horizons Ventures, UBS, Viking Global Investors, Temasek, Sailing Capital, and Open Philanthropy Project, as per Reuters. However, a string of celebrity investors are also backing the eco-friendly startup, including tennis star Serena Williams, rapper Jay-Z, and actor Jaden Smith, as well as Katy Perry, Kirk Cousins and Ruby Rose.
But the trend is more than merely trendy. Impossible expects the price to come down as it ramps up its alt-meat production. Perry even referenced the company with her vegan burger outfit at last week's Met Gala. "We have plenty of money to do the things that we want to do right now".
Both companies are, of course, going against deeply engrained preferences and habits. A lot has changed since then. But people really like meat, and efforts to curb these problems by convincing people to switch away from meat haven't worked well.
With his scientific background, Brown started investigating ways to make an affordable alternative to meat.
Beyond Meat CEO Ethan Brown's 2017 "How I Built This" interview with NPR's Guy Raz is worth a listen.
The Huawei logo stands on a Huawei office building in Dongguan in China's southern Guangdong province on 18 December 2018. In December, Huawei CFO Wanzhou Meng was arrested in Canada on suspicion of violating US sanctions concerning Iran.
The company has also launched another smartphone, namely Realme X Lite , which seems to be a rebranded Realme 3 Pro . Elsewhere, you'll find a Snapdragon 710, 48MP rear camera with Sony IMX 586 sensor, and a 16MP camera up front.
Steer was the hero though, saving penalties from Mason Holgate and Ahmed Hegazi , as Tammy Abraham scored the winning penalty. Jedinak's penalty helped Villa win the shootout against West Brom . "All of us are very hungry and have good legs in us".
The expedition reached a maximum depth of 10,928 meters into the Trench. "Then in 2012, James Cameron made a solo dive there". At its core is a 9cm-thick titanium pressure hull that can fit two people, so dives can be performed solo or as a pair.
Iran denies it supports insurgent activity and has said its nuclear program is strictly for civilian energy purposes. The White House and the Pentagon did not immediately comment on The New York Times report .
Woods will go for a fifth Wanamaker Trophy at this week's PGA Championship and next month he will bid for a fourth U.S. Woods was battling a career-threatening back injury at the time and did not qualify for the United States team.
Fans of the Jeremy Kyle show have been left confused and disappointed this morning after the show was cancelled. ITV says a review of the episode is now taking place and that its thoughts are with their friends and family.
Beijing, meanwhile, has suggested that tariffs will hurt American consumers and companies that manufacture in China. The United States and China have so far exchanged tariffs on more than $360 billion in two-way trade.
It is also the connection we have with the fans that helps us through tough, tough moments, through tough games. Virgil van Dijk rattled the crossbar late on as Liverpool completed a remarkable season with a flourish.
The photos in question however, have since been removed but it's believed they received more than three million likes. Barbera is suing for the profits that Grande earned from the post, or $25,000 in damages for each of the two photos.
Footage on social media shows the Embraer-190 model gracefully landing before the nose falls forward and grinds into the runway. The airline confirmed that there were no injuries from the incident and the pilot carefully landed the plane onto the runway.
All of the UK's big mobile operators have promised some limited form of 5G network this year . Three has also said it will launch 5G this year.
Critical security flaw in Windows 7 and Windows XP
Microsoft is trying to prevent the outbreak of a computer worm by urging owners of older Windows systems to patch their machines. The flaw, which Microsoft described as "critical", enables an attacker to execute arbitrary code on the target system.
F1 great Schumacher will be subject of new documentary
Michael Schumacher , born in Hürth, Germany, is the most successful Formula 1 driver of all time with 91 Grand Prix victories. He has written and directed in-depth documentaries about controversial figures such as Gerhard Schroder and Marine Le Pen.
Trump praises Orban as right-wing leader visits
President Trump is meeting with Hungary's far-right prime minister Monday, something the last two US presidents have not done. The meeting could also be seen as an attempt to discourage Hungary from strengthening ties with Russian Federation and China.
Madison Bumgarner's reported no-trade list revealed
The Red Sox don't look like a great fit for Bumgarner considering their deep rotation, but an injury could change things quickly. Because they rejected qualifying offers from their teams, they can't be signed without their new team forfeiting a draft pick.
European equities attempt rebound as trade war festers
The dollar index, which measures the greenback against a basket of currencies, fell 0.06%, with the euro up 0.01% to $1.1234. Here are some notable events coming up this week: Earnings this week include Alibaba, Tencent, Cisco, Nvidia.
It's time to restore US-Russia ties, Putin tells Pompeo
A Kremlin spokesperson rejected the notion that Putin's schedule was an intentional "message" for the USA administration. Putin told Pompeo his recent telephone conversation with Trump raised hopes for an improvement in relations.
LEGO Stranger Things Set Revealed!
The set will be available for LEGO VIP members starting tomorrow and for everyone else on June 1st. Stranger Things recently dropped its latest trailer for its forthcoming third season on March 20.
The richest people in Britain aged 30 or under
The combined wealth of Britain's billionaires has reached £524.84bn, up from £480.45bn past year , a 9.2 per cent rise. Cardiff-born venture capitalist Sir Michael Moritz remained Wales' richest person with a 3 billion pounds fortune.