REDWOOD CITY, Calif.–(BUSINESS WIRE)–Impossible Foods released a co-manufacturing collaboration today with international meals issuer OSI Group, one in all the largest food manufacturers within the global.
OSI will start producing Impossible Foods’ flagship product, the Impossible Burger, beginning subsequent month, including brief-time period capability to Impossible Foods’ plant in Oakland, Calif. OSI will maintain to extend production of Impossible Foods’ flagship product during 2019 and thereafter.
“We performed an exhaustive due diligence technique to determine the way to scale our production, each within the brief time period and over the next numerous years, and we were thoroughly inspired with OSI’s dedication to pleasant and responsiveness,” said Senior Vice President of Product and Operations Sheetal Shah, who joined Impossible Foods in May and oversees severa functions which include manufacturing, supply chain and logistics. “OSI has already established equipment to make the Impossible Burger, and we’ll start seeing new potential each week.”
OSI can supply, increase, produce and distribute custom food answers global. The privately held company based in Aurora, Ill., has greater than sixty five facilities in 17 countries.
“We sit up for lending our expertise to Impossible Foods because it embarks on one of the most formidable startups inside the food industry,” said Kevin Scott, Senior Executive Vice President, OSI North America. “At the identical time, Impossible Foods will help fulfill the OSI Group’s dedication to sustainable meals manufacturing — one of the middle prisms through which OSI management makes operational decisions.”
The co-manufacturing deal comes amid unparalleled call for for the organisation’s flagship product, the plant-based totally Impossible Burger, which debuted at Chef David Chang’s Momofuku Nishi and other world-class restaurants in 2016.
At the International Consumer Electronics Show in January 2019, Impossible Foods released the award-prevailing and “shockingly right” Impossible Burger 2.0 — the agency’s first tremendous product improve. The Impossible Burger, the primary food ever featured at CES’ roster of recreation-changing technology, received the show’s top prizes.
Since the launch of the two.zero version six months in the past, Impossible Foods’ sales have surged. Growth has come from every income class wherein the company does enterprise — independent restaurants, big restaurant chains consisting of White Castle, Cheesecake Factory and Qdoba, and non-commercial retailers along with theme parks, museums, stadiums, and college campuses. The Impossible Burger is now on menus in about 10,000 restaurants oncontinents.
In many restaurants, the Impossible Burger is a top-promoting item and a key driver of latest foot visitors. In addition to more and more restaurants that promote the Impossible Burger, cooks are expanding the range of items made from the flexible plant-based meat, with common per-store extent growing.
In April, the arena’s 2d largest burger chain, Burger King, debuted the Impossible Whopper in a regional take a look at in St. Louis. The 59-unit regional check of the Impossible Whopper at Burger King restaurants in St. Louis has long past rather nicely; the Miami-based restaurant chain intends to deliver the Impossible Whopper to all 7,200 U.S. eating places.
Since launching in Singapore in March 2019, sales have extra than quadrupled in Asia. Impossible Foods’ plant-based totally meat is sold in a huge variety of restaurants and cuisines throughout Hong Kong, Singapore, and Macau — such as the world over celebrated establishments by using David Myers, Gordon Ramsay and Wolfgang Puck.
Impossible Foods plans to release the Impossible Burger in retail outlets later this year.
Designed to disrupt, constructed to scale
Founded in 2011 through Stanford biochemistry professor and previous pediatrician Dr. Patrick O. Brown, Impossible Foods makes meat sustainably, from flora. The agency makes use of cutting-edge technology and technology to create healthy meals, repair herbal ecosystems, and feed a growing population sustainably.
Impossible Foods has tripled the weekly production price and has doubled headcount employed at its plant in Oakland, Calif., for the reason that March 2019. The sixty eight,000-square-foot plant produced an all-time report volume of product in May 2019, then another document quantity of product in June 2019, way to accelerated staffing and operational performance upgrades.
In March, Impossible Foods hired Dennis Woodside as President, overseeing the enterprise’s rapid business scaleup. Woodside, who has nearly 25 years of expert revel in at each startups and publicly traded multinationals, formerly served as Chief Operating Officer of Dropbox, wherein he changed into accountable for all purchaser-facing functions and revenue generation. Before that, Woodside became Chief Executive Officer of Motorola Mobility, a $10 billion mobile device business enterprise, after its acquisition by means of Google. He worked at Google from 2003-2012, overseeing extra than $10 billion in sales in North and South America, Europe, the Middle East and Africa, among different management roles.
In May, Impossible hired tech enterprise scaleup veteran Shah, who was formerly Chief Operations Officer at Verifone. Before that, Shah served as Chief Procurement Officer and numerous management roles at Motorola Mobility, a $10 billion cell device corporation acquired by Google.
Also in May, Impossible Foods announced a $300 million investment round. Led through present traders Temasek and Horizons Ventures, the “Series E” round can be used to boost up the company’s fast scaleup — together with extended hiring and ability growth on the company’s plant in Oakland, Calif. Since its founding in 2011, the industry-main food-tech startup has raised more than $750 million.
Based in California’s Silicon Valley, Impossible Foods makes scrumptious, nutritious meat and dairy merchandise from vegetation — with a miles smaller environmental footprint than meat from animals. The privately held employer changed into founded in 2011 through Patrick O. Brown, M.D., Ph.D., Professor Emeritus of Biochemistry at Stanford University and a former Howard Hughes Medical Institute investigator. Investors consist of Khosla Ventures, Bill Gates, Google Ventures, Horizons Ventures, UBS, Viking Global Investors, Temasek, Sailing Capital, and Open Philanthropy Project.
OSI Group, LLC is a 100-plus yr antique, privately held corporation that may be a international leader in imparting fee-brought protein gadgets and different meals merchandise to leading foodservice and retail manufacturers. The organisation currently has more than 65 facilities in 17 countries, with its worldwide headquarters located in Aurora, Illinois, a suburb of Chicago.