Impossible Foods is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter. This would be substantially more than the $4 billion the company was worth in a private funding round in 2020. It would highlight growing demand for plant-based meat products, driven by environmental and ethical concerns among consumers.
Read more: https://www.cnbc.com/2021/04/08/impossible-foods-in-talks-to-go-public-sources-say.html?source=Snapzu
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