Alphabet-backed vegan burger producer Impossible will use the funding, secured at a $2bn valuation, to increase production capacity.

Impossible Foods, the US-based vegan meat developer that counts internet and technology group Alphabet as an investor, has raised $300m in funding, Reuters reported yesterday. The round was co-led by Singaporean state-owned investment firm Temasek and Horizons Ventures, the investment arm of entrepreneur Li Ka-shing, according to the Financial Times, and it valued the company…

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