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Impact Venture Capital Firm Clear Current Capital Launches Fund ll
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VERO BEACH, Fla., April 8, 2021 /PRNewswire/ Florida-based venture capital firm Clear Current Capital announces its new impact fund focusing on early stage investments in US companies in the plant-based food, cell-cultured meat and fermented food spaces, as well as other mission-aligned enterprises. Fund ll expands the mission of Clear Current Capital, by creating additional resources focused on environmental sustainability, animal cruelty, and large-scale industrial food, as well as providing climate, health, and food transparency solutions.
Curt Albright, Managing Member of Clear Current Capital, brings 30 years of senior level finance experience in balance sheet management, risk assessment, and investing in early stage enterprises. Albright founded Clear Current Capital in 2017 to focus on making investments that reflected his passions and values, a
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(Reuters) - Impossible Foods Inc 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.
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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.
Impossible Foods is exploring going public through an initial public offering (IPO) in the next 12 months or a merger with a so-called special purpose acquisition company (SPAC), the sources said.
Company aims to be largest global plant-based marketplace Executive Editor U.S. retail sales of plant-based foods continued to climb by double digits last year, increasing 27% to $7 billion.
A U.S. grocer that is aiming to become the world s largest marketplace for plant-based foods has now launched in Canada.
Vejii, an online grocer of vegan and plant-based products, debuted a website in Canada this week. Vejii launched its platform in the U.S. in November and has been scaling rapidly, growing both its customer base and an assortment of vegan products. Now it will be selling to an estimated 2.3 million vegetarians and 850,000 vegans in Canada.
U.S. plant-based burger maker Impossible Foods in talks to list on the stock market Anirban Sen and Joshua Franklin Reuters Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Impossible Foods Inc 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.