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Apeel Sciences
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Short description

Developer of organic, non-toxic food coatings which lengthen shelf-life and protect against pests

Founded in 2012
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector food supply chain

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Goleta, CA Goleta, United States
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Updated by Cleantech Group on 07/04/2023

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  • 1 M&A items
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Date Company
10/02/2019

Houweling Group Houweling Group

North American greenhouse vegetable grower Houweling Group will use Apeel Science's plant-based technology to replace the single-use plastic wraps on its English cucumbers.

Confirmed by Houweling Group

Partnerships
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Date Partner Type
08/20/2020
Edeka Edeka
Following on from a successful pilot of Apeel’s food waste reduction technology, Germany retailer Edeka and the US food tech company are extending their ‘joint commitment’ against food waste.
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Confirmed by Edeka
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IPO INFORMATION

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Date Investors Type Amount
08/18/2021 Temasek Holdings Temasek Holdings , GIC Special Investments GIC Special Investments , K3 Ventures K3 Ventures , Mirae Asset Financial Group Mirae Asset Financial Group , Andreessen Horowitz Andreessen Horowitz , Disruptive Capital Finance Disruptive Capital Finance , Sweetwater Private Equity Sweetwater Private Equity , Tao Capital Tao Capital , Tenere Capital Tenere Capital , Viking Global Viking Global , David Barber David Barber , Michael Ovitz Michael Ovitz , Anne Wojcicki Anne Wojcicki , Susan Wojcicki Susan Wojcicki , Katy Perry Katy Perry (15)
Post-money valuation of
Apeel is scanning for other potential acquisitions or partnerships to enhance its data and analytics capacity – particularly in areas such as sensors and blockchain. A core use of proceeds from the funding will be to expand Apeel’s supply networks
Growth Equity $250,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Edipeel

An invisible, tasteless, edible coating that's applied to the surface of plants to stop transpiration and oxidation.

Pilot/Early Revenue Products - Retail
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