Impossible Foods has raised another $300 million in funding as the market for vegan meat substitutes heats up.
On Monday, Impossible Foods announced a $300 million Series E funding round led by Temasek and Horizon Ventures. They were joined by more than a dozen individual investors with star status, including Jay-Z, Serena Williams, Alexis Ohanian, Katy Perry, and Jaden Smith.
Impossible Foods has struggled to keep up with increased demand, with restaurants selling the Impossible Burger facing shortages in recent months.
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