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Technology Stocks
Impossible Foods and Beyond
An SI Board Since April 2019
Posts SubjectMarks Bans Symbol
244 22 0 BYND
Emcee:  zax Type:  Moderated
Impossible Foods, the US plant-based meat company, is looking to raise fresh funding to increase its production capacity, after striking a distribution deal with fast-food chain Burger King. BK began trial marketing the product this week in St. Louis, MO, and word on the street has it that all inventories sold out within the first two days on the market.

The company has filed a Form D financing notice with the SEC for an undisclosed sum. Existing investor Temasek, which is backed by the Singapore government, is considering investing $75m in the round, according to people familiar with the situation. Investors hope the company would achieve a valuation of more than $1 billion through the fundraising.

In January of this year, Impossible Foods launched a new version of their signature burger, the Impossible Burger 2.0 at CES in Las Vegas.

CEO Pat Brown says they are working on "whole cuts of beef", including steak. "If we can make an awesomely delicious world-class steak . . . that will be very disruptive not just to the beef industry, but to other sectors of the meat industry."

No IPO has yet been announced. We'll associate the new BYND ticker with this board, for now, as no small hint to Pat Brown: If your also-ran competitor can do this outrageously well on the public market, why not make a go of it yourself? People are dying to give you their money and help you save the world. Think about all the talent you could acquire in your quest to save the planet when you can PRINT YOUR OWN MONEY.

More Info:

Wiki: en.wikipedia.org

ft.com



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244Meat adjacent: Moooove over: How single-celled yeasts are doing the work of 1,Glenn Petersen2March 12
243Beyond Meat Is Struggling, and the Plant-Based Meat Industry Worries A few yearGlenn Petersen111/27/2022
242Scroll down for the discussion of meat substitutes: The World Needs Processed Glenn Petersen-11/27/2022
241BYND - This will be an impossible task - Not sure how the CEO can come out and sLabrador-10/24/2022
240Layoffs at BYND: Beyond Meat exec accused of biting man’s nose is out, as compaGlenn Petersen-10/14/2022
239Road Rage: Beyond Meat COO accused of biting man’s nose outside football game Ron-9/20/2022
238Interesting thanks. The stock closed up more than 20% today. A lot of people werRon-8/5/2022
237Motley Fool's take on the financial report: fool.com Up $7 todayCraig Lacy-8/5/2022
236Beyond Meat Inc. reported another rough quarter Thursday, leading to announced Ron-8/5/2022
235Beyond Meat stock falls after conclusion of McDonald's McPlant test PublishGlenn Petersen-7/28/2022
234Patent lawsuit over heme could affect meatless meat sector protocol.comRon27/24/2022
233Beyond Meat’s Pepperoni Problem Threatens Its Fast-Food Future archive.phRon-7/21/2022
232Vegan infant formula. Fast growing Israeli company. BABYF (BABY.TO). CEO is a moSalt'n'Peppa-5/19/2022
231Beyond Meat shares tumble after company reports widening loss, disappointing revGlenn Petersen15/11/2022
230Impossible Foods taps Chobani executive as new CEO, founder Pat Brown steps downGlenn Petersen13/17/2022
229Kroger, Impossible Foods partner to create meat substitutes; Beyond Meat shares Glenn Petersen-3/4/2022
228Beyond Meat shares tumble after reporting wider-than-expected loss, shrinking reGlenn Petersen-2/25/2022
227McDonald’s McPlant burger made with Beyond Meat sold better than expected, analyGlenn Petersen-1/26/2022
226KFC to launch plant-based fried chicken made with Beyond Meat nationwide PUBLISGlenn Petersen-1/4/2022
225Beyond Meat shares crater as losses mount, company expects weak U.S. sales growtGlenn Petersen111/11/2021
224Beyond Meat stock tumbles 14% after lowering third-quarter revenue outlook PUBLGlenn Petersen110/22/2021
223Burger King becomes the first fast-food chain to test Impossible Foods’ meatlessGlenn Petersen110/6/2021
222Impossible Foods launches chicken substitute in U.S. restaurants, announces grocGlenn Petersen19/7/2021
221A CNBC article suggests that Impossible Foods may IPO in the fall: Get ready foGlenn Petersen19/3/2021
220Can you eat to save the planet? weforum.orgCraig Lacy-8/11/2021
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