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Technology Stocks
Impossible Foods and Beyond
An SI Board Since April 2019
Posts SubjectMarks Bans Symbol
137 17 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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137The Future of Meat (Ep. 367 Rebroadcast) August 28, 2019 @ 11:00pm Glenn Petersen-Sunday
136Will true veggie burgers go extinct? An odd ethical dilemma for hardcore vegetaGlenn Petersen-Sunday
135Kraft has a new CEO. We'll see how innovative he gets. They need innovatioRon-last Thursday
134I just don't think their heart is in the business. I too am avoiding carbs zax-last Thursday
133LOL. Well, if you think meat is evil, then I understand. I don't share theRon1last Thursday
132I find something distasteful about a company that sells real meat wanting to getzax-last Thursday
131Shareholders want more specifics from Kraft on meatless product plans finance.yRon-last Thursday
130Kroger will roll out its own answer to Beyond and Impossible Burgers with store Ron1September 6
129KFC's plant-based 'chicken' sold out in five hours: Impossible ChickRon1September 3
128As the Impossible and Beyond burgers take off, will real veggie burgers go extinzax1September 3
127Tofurky: Plant-based deli slices- Bologna style Water, vital wheat gluten, organRon1September 2
126Today, I had some burgers for dinner made from The Meatless Farm Co, "Meat zax1August 29
125true... my badAlex MG-August 26
124Beyond Meat, Inc. (BYND) 154.47 +7.62 (+5.19%) KFC turns to Atlanta for Beyond zax-August 26
123Alex, This is a stock thread, not a politics thread, Alex. Please keep politiczax2August 26
122Beyond Meat heading to KFC to test Beyond Fried Chicken marketwatch.comRon-August 26
121This is all pretty much true... but on the other hand we live in a world where wAlex MG-August 25
120Alt Meat Trounces Animal Meat's Massive Inefficiencies Liz Specht Wired AugGlenn Petersen2August 25
119Veggie burgers were living an idyllic little existence. Then they got caught in zax-August 25
118The Amazon is burning because the world eats so much meat cnn.com (CNN) Whilezax1August 23
117Whole Foods CEO on plant-based meat boom: Good for the environment but not for yRon1August 21
116The Hottest Thing in Food Is Made of Peas, Soy, and Mung Beans Impossible Foods Ron1August 21
115As you show, nutrition is not the motivation for this marketplace generally. Cautious_Optimist-August 21
114Beyond Meat, Inc. (BYND) 154.45 +9.94 (+6.88%) Beyond Meat stock jumps 7% afterzax-August 20
113LOL.... yeah, it was definitely a soy-based product. Burger King Whoppers have Ron2August 20
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