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Illustration: Sarah Grillo/Axios

Impossible Foods, a Silicon Valley company known for its plant-based meat alternatives, has raised $200 million in Series G funding led by Coatue, with XN, Mirae Asset Global Investments and Temasek also participating.

The big picture: The funding comes just months after the company raised $500 million in March. Prime Unicorn Index estimates the new valuation at about $4 billion.

Go deeper

Dan Primack, author of Pro Rata
Nov 18, 2020 - Economy & Business

The pandemic's startup saviors

Illustration: Sarah Grillo/Axios

Plenty of garbage startups have been funded over the past decade, including a couple of outright frauds — and tech innovation doesn't always move as linearly as we'd like, or replicate the future as imagined by TV scriptwriters.

Yes, but: While startups and their investors were being bashed on social media, at least a few of them were laying the building blocks for technologies that could help let humanity recover its ability to work, play and spend time with loved ones.

Updated 1 hour ago - Economy & Business

The billionaire balloon

Data: World Inequality Report 2022; Chart: Axios Visuals

The super-rich are getting stupid rich: New data out today shows the share of global wealth held by the richest slice of humanity swelled by almost a full percentage point during the pandemic.

Driving the news: The top 0.01% of individuals now hold about 11% of the world's wealth, compared to just over 10% in 2020, according to the "World Inequality Report 2022," written by Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman.

Tina Reed, author of Vitals
1 hour ago - Health

Omicron gives a shot to boosters

Expand chart
Data: CDC; Chart: Will Chase/Axios

Vaccination rates have ticked higher since the discovery of the Omicron variant, CDC data shows.

By the numbers: The seven-day average for vaccinations in the U.S. reached about 1.8 million on Monday, up from an average of about 1.3 million a month ago.