← Back to the club

Impossible Foods

FoodtechUSA
✂️ Markdown
Peak $6.84 BillionToday
~-94%
from peak
  1. 🦄
    Became a unicorn
    May 2019
  2. 📈
    Peak valuation
    $6.84 Billion ’21
  3. 💔
    Became a Unitard
    Jul 2024
  4. 💸
    Last valuation
    ~$410M
Current status
Private; secondary market implies ~$427M (Jun 2026)

How it happened

Impossible Foods is a food technology company which offers plant-based meat substitutes to consumers seeking sustainable and ethical alternatives. Last valued near $6.84B (Series H-1, 2021); on the secondary market its implied valuation slipped below the $1B unicorn line in Jul 2024, and now sits around $427M — roughly 94% below that peak.

Source: Forge Global marketplace (Jun 2026)