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Apeel

Edible plant-based coating that extends the shelf life of fresh produce.
Agriculture 📍 Goleta, CA Founded 2012
Current Valuation
$2.0B
as of 2022-Q1
UNICORN
Apeel Sciences develops plant-derived shelf life extension technology for fresh produce that improves quality and reduces food waste. The company produces an edible coating that acts as a second skin for fruits and vegetables, slowing down water loss and oxidation.

Company Profile

CEO
Luiz Beling
Founded
2012
HQ
Goleta, CA
Employees
~184
Total Raised
$640M
Est. Revenue
$22M (2021)
Growth
ARR reached $150M in 2024
Last Round
Series E — $250M (Aug 2021) · Lead: Temasek Holdings
IPO Status
private

Founders & Key People

James RogersJenny DuLou Perez

Investors

Temasek Holdings · GIC · Andreessen Horowitz · S2G Ventures · Tao Capital Partners · Viking Global Investors · Mirae Asset Global Investments · Bill & Melinda Gates Foundation

Products

  • Apeel for Avocados
  • Apeel for Citrus
  • Apeel for Apples
  • Apeel for Mangoes
  • Apeel for Asparagus

Competitors

Hazel Technologies · AgroFresh · StePac · Mori
FoodTechAgTechSustainabilityFood WastePlant-based
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q1. Refreshed quarterly.