$108 Million for Impossible Foods: Bill Gates Invests in Plant-Based Burgers, Impossible Foods, a aggregation alive on creating meats and cheeses fabricated from plants, has aloft $108 actor in a Series D investment annular that included beforehand broker Bill Gates.
Patrick Brown, who founded Impossible Foods in 2011, formed for decades as a biochemistry assistant at Stanford, and is aswell the cofounder of addition aliment aggregation alleged Kite Hill.
Kite Hill "has developed abundant nut milk articles that it says are convalescent and added acceptable than their dairy counterparts," TechCrunch reported. "With Impossible Foods, as with Kite Hill, Brown is reportedly searching to accomplish foods that are not alone appetizing but which accept no cholesterol, hormones, or antibiotics."
Brown said in a account that the new annular of allotment "ensures that we accept added than abundant aerodrome to accompany our aboriginal articles to market."
Among the Series D investors is Horizons Ventures, which has aswell invested in Modern Meadow, addition aliment aggregation that uses bioengineering to abound beastly beef into comestible meat products.
Horizons Ventures’s Solina Chau told The Wall Street Journal that, "Both companies are aggravating to accompany abundant aliment to the world’s table through technology that is abundant added environmentally affable and able in agreement of 'real cost' to the world."
Horizons Ventures and Khosla Ventures accept aswell invested in Hampton Creek, the ambassador of Just Mayo, an eggless mayonnaise acting accessible in Whole Foods supermarkets.
"If the all-around citizenry bump of 9.6 billion mouths to augment by 2050 is on the mark, the bazaar will absolutely be big abundant to embrace the articles of Impossible Foods and Modern Meadow," said Chau.
Patrick Brown, who founded Impossible Foods in 2011, formed for decades as a biochemistry assistant at Stanford, and is aswell the cofounder of addition aliment aggregation alleged Kite Hill.
Kite Hill "has developed abundant nut milk articles that it says are convalescent and added acceptable than their dairy counterparts," TechCrunch reported. "With Impossible Foods, as with Kite Hill, Brown is reportedly searching to accomplish foods that are not alone appetizing but which accept no cholesterol, hormones, or antibiotics."
Brown said in a account that the new annular of allotment "ensures that we accept added than abundant aerodrome to accompany our aboriginal articles to market."
Among the Series D investors is Horizons Ventures, which has aswell invested in Modern Meadow, addition aliment aggregation that uses bioengineering to abound beastly beef into comestible meat products.
Horizons Ventures’s Solina Chau told The Wall Street Journal that, "Both companies are aggravating to accompany abundant aliment to the world’s table through technology that is abundant added environmentally affable and able in agreement of 'real cost' to the world."
Horizons Ventures and Khosla Ventures accept aswell invested in Hampton Creek, the ambassador of Just Mayo, an eggless mayonnaise acting accessible in Whole Foods supermarkets.
"If the all-around citizenry bump of 9.6 billion mouths to augment by 2050 is on the mark, the bazaar will absolutely be big abundant to embrace the articles of Impossible Foods and Modern Meadow," said Chau.
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