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(Total Views: 487)
Posted On: 06/08/2018 10:35:32 PM
Post# of 27268
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Posted By: wowhappens28
Re: dw #5786
Impossible Foods has some HUGE Asian money behind them. They might not need the USA anyway, lol.

Temasek Holdings-- Temasek Holdings Private Limited (abbreviated as Temasek) is a state-owned holding company that can be characterized as a national wealth fund owned by the Government of Singapore. Incorporated in 1974, Temasek owns and manages a net portfolio of $275 billion[3] (as of 31 March 2017), with S$18 billion divested and S$16 billion invested during the year,[4] and 68% exposure to Asia – 29% Singapore and 39% Asia ex-Singapore

https://en.wikipedia.org/wiki/Temasek_Holdings

Li Ka-shing And Horizons Ventures: The Making of A Venture Powerhouse
Notice the term "Disruptive Innovtions" in the link. Li Ka-shing is the 20th richest man in the world.

https://www.forbes.com/sites/shuchingjeanchen...f66bde31b0

Another line about Temasek from the link below>>>>

In the seven years since the company raised its first $7 million investment from Khosla Ventures, Impossible Foods has managed to amass another $389 million in financing -- most recently in the form of a convertible note from the Singaporean global investment powerhouse Temasek (which is backed by the Singaporean government) and the Chinese investment fund Sailing Capital (a state-owned investment fund backed by the Communist Party-owned Chinese financial services firm, Shanghai International Group).

https://finance.yahoo.com/news/where-apos-bee...53473.html

I would have to guess Impossible will have bigger inroads into Asia than competitors

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