SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks
Impossible Foods and Beyond
An SI Board Since April 2019
Posts SubjectMarks Bans Symbol
209 21 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



Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
209Taco Bell partnering with Beyond Meat to create plant-based protein marketwatchzax-Thursday
208I tried the world's first no-kill, lab-grown chicken burger Exclusive: At aGlenn Petersen112/4/2020
207Singapore Approves a Lab-Grown Meat Product, a Global First The approval for a Glenn Petersen-12/2/2020
206You're right. Ana Silva, CPA, MBA - Chief Financial Officer - Daiya Foods IGlenn Petersen-11/24/2020
205It's a woman, right? Or maybe I'm not properly caffeinated yet. Daiya ClearSky-11/24/2020
204The new guy has great credentials. There are more players in this space than I oGlenn Petersen-11/24/2020
203Just found this thread recently when searching for info on this Very Good Food cClearSky-11/24/2020
202Interesting company with a great trade name (The Very Good Butchers). Also, a grGlenn Petersen-11/20/2020
201Perhaps VRYYF (OTC), a Canadian Plant-based food company that touts their producJubilationT111/20/2020
200A new SPAC, Natural Order Acquisition (unit symbol: NOACU), which is focusing onGlenn Petersen-11/16/2020
199Some clarification on the McDonald's/Beyond Meat relationship. It looks likeGlenn Petersen211/15/2020
198Beyond Meat shares tank as coronavirus weakens demand for plant-based meat at reGlenn Petersen-11/9/2020
197McDonald’s to test McPlant, which includes its own meat-free burger, next year; Glenn Petersen111/9/2020
196Cutting Greenhouse Gases From Food Production Is Urgent, Scientists Say New YorGlenn Petersen111/6/2020
195Impossible Foods Is Now Developing a Plant-Based Alternative to Cow's Milk zax-10/20/2020
194Tattooed Chef is now public and trading under the symbol TTCF, Growing & MaGlenn Petersen-10/16/2020
193Beyond Meat is building a factory near Shanghai, plans a major plant with full pA.J. Mullen-9/8/2020
192Starbucks adds plant-based items to Asian menus from Beyond Meat, others PUBLISGlenn Petersen-9/8/2020
191Beyond Meat’s U.S. grocery sales nearly triple, offsetting restaurant losses PUGlenn Petersen-8/4/2020
190Beyond Meat enters grocery stores in mainland China through Alibaba partnership Glenn Petersen-7/1/2020
189Starbucks partners with Impossible to sell plant-based breakfast sandwich PubliGlenn Petersen-6/23/2020
188Beyond Meat to sell cheaper value packs of its meatless burgers Published Wed, Glenn Petersen-6/17/2020
187Burger King adds Impossible Foods’ meatless sausage on its breakfast menu nationGlenn Petersen16/15/2020
186Yeah, not the deal I was hoping for and obviously a short term disappointment toGlenn Petersen-6/12/2020
185I sold at breakeven this morning. Not the Impossible Foods deal I thought it mirogermci®-6/12/2020
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):