---
title: "Impossible Foods Raises Another $300 Million With Celebrity Investments"
url: https://burnaze.com/article/79e9be06-fea5-4a0b-bfab-3d746fe31428
source: "1851 Franchise"
original_url: https://1851franchise.com/impossible-foods-raises-another-300-million-with-celebrity-investments-2709945
category: "Finance"
topics: ["Finance & M&A"]
published: 2019-05-14T01:20:41.000Z
modified: 2026-11-01T01:46:20.855Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/541e877e5dd6f0286304d58d3b957f214944.jpg
---

# Impossible Foods Raises Another $300 Million With Celebrity Investments

**TL;DR:** Impossible Foods has raised $300 million in funding, including investments from celebrity investors, bringing its total raised to over $750 million. The company plans to hire more employees and open new facilities to meet growing demand for its plant-based meat alternative product.

*originally published in 1851 Franchise on 2019-05-14. [Read the original](https://1851franchise.com/impossible-foods-raises-another-300-million-with-celebrity-investments-2709945).*

## Story

In the midst of struggling to keep up with skyrocketing demand, Impossible Foods has raised another $300 million for its plant-based meat alternative product—which included checks written by celebrity investors Jay-Z, Katy Perry, Serena Williams, Jaden Smith, Trevor Noah and Zedd, according to CNN . This brings the total raised by Impossible Foods to more than $750 million.

CNN notes that Impossible plans to hire more than 50 new employees, nearly doubling its 70 full-time workers in Oakland, California. Impossible Foods CFO David Lee reportedly told CNN that the company is also looking to open more facilities.

"We are so small today that, until we reach a sizable portion of the overall market, I think we're going to be growing to meet this scorching demand that we're seeing today," CNN quotes Lee, adding that for the foreseeable future Impossible is "going to be hard at work raising capital.”

A-list celebrity backing illustrates the rising popularity of healthy eating and meatless alternatives among everyday Americans. After Impossible competitor Beyond Meat announced that it plans to raise $183.8 million through its IPO, the company made its debut earlier this month with shares soaring 135% and raising its market value to $3.52 billion.

Emily Clouse is a staff writer for 1851 Franchise. Her work has been featured with publications such as The Onion, Reductress, and Chicago Magazine. She graduated from The Ohio State University before running away to join the Peace Corps. In her free time, she enjoys drawing and walking to Jewel-Osco.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Beyond Meat (company)
- Impossible Foods (company)
- company expansion (topic)
- funding round (topic)
- plant-based meat (topic)
- Oakland, California (location)
- celebrity investments (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/impossible-foods-raises-another-300-million-with-celebrity-investments-2709945). Summarized by Burnaze (https://burnaze.com/article/79e9be06-fea5-4a0b-bfab-3d746fe31428).