Impossiblefoods-Report.Pdf
Total Page:16
File Type:pdf, Size:1020Kb
Frozen specialty food production| Founded 2011 |USA| impossiblefoods.com MARKETPLACE TYPE OF SECURITY: Equity - Direct Ownership/SPV HIGHLIGHTS DEAL SIZE: • Impossible Foods has raised a total of $1.4B in funding over 12 rounds. TBD • Their latest funding was raised on Aug 13, 2020 from MINIMUM INVESTMENT: a Series G round where it managed to raise $200 million. $250,000 • Impossible Foods has a post-money valuation in the range of $4B to $10B as of Aug 13, 20201. KEY INVESTORS: Khosla Ventures • When Burger King released the Impossible Whopper in April 2019, sales outpaced the company's national aver- Temasek holdings age by 18.5%2. Coatue Mgt. LLC Horizon Ventures The Company Sailing Capital Impossible Foods was the brainchild of Patrick Brown – who was a professor at Stanford University. He then decided to solve what he saw as one of the largest climate change con- tributors, animal agriculture, and launched Impossible Foods in 20113. The company’s retail partners include Walmart, Krog- er (NYSE:KR) and Target (NYSE:TGT). Its sandwiches are available at Restaurant Brands (NYSE:QSR), Burger King and at Starbucks (NASDAQ:SBUX)4. One risk to the Impossible Foods IPO is if the company re- mains private for too long or becomes overvalued. This was the exact problem that was faced by other tech IPOs in re- cent times. Much like Tesla's Roadster EV, the Impossible Burger is a fancy, groundbreaking, and expensive invention, devised by an outsider genius, that has yet again proved that consum- ers do not shy away from an environmentally friendly op- tion if you offer them an attractive product. CONTACTS Premindra Rajaram Arjun Vijayan Director of Partnerships [email protected] [email protected] +971 52 870 6325 +971 55 261 7309 GRIP (DIFC) Ltd. - TELEPHONE: +971 4 564 2244 | EMAIL : [email protected] Frozen specialty food production| Founded 2011 |USA | impossiblefoods.com MARKETPLACE Market Analysis There are a lot of ethical concerns with our food production system — from animal cruelty to antibiotic resistance to its impacts on climate change. But people really en- joy meat and attempts to reduce these problems by persuading individuals to switch from meat have gone nowhere. That is where the potential for plant-based alternatives which can be healthier and cost effective lies. These Days, plant-based meat is not just for vegetarians and ve- gans. Products such as veggie burgers, and soy and almond milk are growing in popu- larity and market share worldwide — and they are getting tastier and harder to differ- entiate from animal products. Proponents of meat substitutes claim these alternative meats could help save the planet. The market for plant-based meat is expected to grow at a CAGR of 18% per year during the period 2019-2025, to $12 billion. That is still a minuscule portion of the actual meat market, which is $2 trillion5 Sources and References 1. https://www.crunchbase.com/organization/impossible-foods/company_financials 2. https://www.idtechex.com/en/research-report/plant-based-and-cultured-meat-2020- 2030/702 3. https://www.impossiblefoods.com/company 4. https://www.nasdaq.com/articles/when-will-we-be-able-to-invest-in-impossible- foods-stock-2020-09-04 5. https://www.prnewswire.com/news-releases/the-global-plant-based-meat-market- by-revenue-is-expected-to-grow-at-a-cagr-of-over-18-during-the-period-20192025- 301123673.html Frozen specialty food production| Founded 2011 |USA | impossiblefoods.com MARKETPLACE DISCLAIMER THE INFORMATION AND ANY DISCLOSURES PROVIDED IN THIS PRESENTATION ARE IN SUMMARY FORM AND HAVE BEEN PREPARED SOLELY FOR INFORMATIONAL PURPOSES ONLY. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO INVEST. WE MAKE NO WARRANTY OR REPRESENTATION, WHETHER EXPRESS OR IMPLIED, FOR THE ACCURACY, COMPLETENESS OR USEFULNESS OF ANY INFORMATION DISCLOSED. BY ACCEPTING THIS DOCUMENT AND/OR ATTACHMENTS, YOU AGREE THAT YOU OR THE ENTITY THAT YOU REPRESENT MEETS ALL IN- VESTOR QUALIFICATIONS. AN INVESTMENT IN THIS COMPANY IS SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK. PROSPECTIVE INVESTORS ARE STRONGLY URGED TO CONSULT WITH THEIR OWN FINANCIAL, LEGAL AND TAX ADVISORS BEFORE INVESTING. THE COMPANY’S OPERATIONS INVOLVE SUBSTANTIAL RISKS, INCLUDING THE LOSS OF PRINCIPAL, AND NO ASSURANCE CAN BE GIVEN THAT THEIR STATED OBJEC- TIVES WILL BE ACHIEVED. GUIDELINES AND OBJECTIVES MAY VARY DEPENDING ON MARKET CONDI- TIONS. CERTAIN INFORMATION CONTAINED IN THIS MATERIAL CONSTITUTES FORWARD-LOOKING STATE- MENTS, WHICH CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY SUCH AS “MAY,” “WILL,” “SHOULD,” “EXPECT,” “ANTICIPATE,” “TARGET,” “PROJECT,” “ESTIMATE,” “INTEND,” “CONTINUE,” OR “BELIEVE,” OR THE NEGATIVES THEREOF OR OTHER VARIATIONS THEREON OR COMPARABLE TERMINOL- OGY. SUCH STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE OR ACTIVITIES. DUE TO VARI- OUS RISKS AND UNCERTAINTIES, ACTUAL EVENTS OR RESULTS OR THE ACTUAL PERFORMANCE OF THE COMPANY MAY DIFFER MATERIALLY FROM THOSE REFLECTED OR CONTEMPLATED IN SUCH FORWARD- LOOKING STATEMENTS. .