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Impossible Foods Raises $108 Million in New Funding

The plant-based meat and cheese company plans to release its first product next year.

Plant-based meat and dairy company Impossible Foods raised $108 million in its latest round of funding, with investors including Swiss bank UBS, Microsoft co-founder Bill Gates, Li Ka-shing’s Horizons Ventures, and Viking Global Investors. The four-year-old California-based company creates plant-based meats and cheeses that imitate the taste and texture of animal products by extracting proteins, fats, and nutrients from sources such as vegetables, grains, and legumes. Impossible Foods’ flagship product is the vegan cheeseburger, and the company plans for the hamburger patties to hit the market in 2016. Earlier this year, the company turned down a $300 million acquisition offer from Google and was ranked 42nd on CNBC’s Disruptor 50 List.

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Chef Chloe Coscarelli Opens New Café in Miami

Beloved vegan chef Chloe Coscarelli is back with new eatery, Chef Chloe and the Vegan Café, in highly anticipated St. Roch food hall in Miami's design district.
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Team Canada Wears All-Vegan Uniforms at Olympics

Animal-rights activists praise apparel brand Hudson's Bay Company for outfitting this year's Olympians in animal-free outwear.
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Photographer Creates the Most Vegan Proposal Ever

Popping the question with the help of an avocado is gaining traction thanks to Amsterdam food stylist Colette Dike.
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Tyson to Launch Plant-Based Meal Bowls

The meat company is disrupting itself to stay competitive as consumer habits shift toward animal-free foods.
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Pregnant Sisters Launch Vegan Dessert Sushi Brand

Vegan Rice Krispies Treats stand-in for sushi rice, and gelatin-free candies replace fish in creations made by sisters Kasia Mierzejewska and Emilia Augustyn for their allergen-free brand Sweet Sushi Factory.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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