Address
Apeel Technology Inc
819 Reddick Road
Santa Barbara, CA 93101
United States
Apeel Technology Inc
819 Reddick Street
Santa Barbara, CA 93103
United States
Corporate information
Official identities
Company type
Food system innovation company.Overview
Apeel is on a mission to create a more sustainable global food system by working with nature to use the power of materials and data sciences. Apeel's plant-based protection allows for longer-lasting produce by using materials already found in the skins, peels, and seeds of all fruits and vegetables. This protective extra "peel" slows the water loss and oxidation that causes produce to spoil, and it's the only proven solution for maintaining freshness from farm to kitchen. Apeel's plant-based protection is available for an ever-growing number of categories and markets, including organic and conventionally grown produce. Additionally, Apeel is integrating new tools that will allow the food system to do more with the extra time created by Apeel's plant-based protection. Farmers can sell more of what they grow, retailers can sell more of what they source, and people can enjoy more of what they buy, creating a healthier planet and greater abundance for all. Apeel is Food Gone Good.
Funding rounds
Venture USD 30,000,000
USD 30,000,000 ( )
| Investor | Profile | Country | |
|---|---|---|---|
|
Astanor Ventures | Impact investor that backs disruptive, scalable solutions that will create systemic change across the agrifood value chain, from soil to gut. | |
|
International Finance Corporation (IFC) | The private sector investment arm of the World Bank. | |
|
Temasek Holdings (Pte) Ltd | Singapore's sovereign wealth fund. |
Series D USD 250,000,000
USD 250,000,000 ( ) at USD 750,000,000 pre-money valuation
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
GIC Private Ltd | Singapore sovereign wealth fund. | Led the round. | |
|
Rock Creek Capital | One of the largest woman and diverse-owned global investment firms. | ||
|
Tao Capital Partners | Family office investment firm based in San Francisco, California. | ||
|
Upfront Ventures Management LLC (Upfront Ventures) | |||
|
Viking Global Investors LP | |||
|
Katy Perry | Individual investor. | ||
|
Oprah Winfrey | Individual investor. |
Series C USD 70,000,000
USD 70,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Viking Global Investors LP | Initial investment. Led the round. | ||
|
S2G Ventures (Seed to Growth Ventures) | Multi-stage investment firm focused on the food and agriculture industry. | Initial investment. | |
|
|
Upfront Ventures Management LLC (Upfront Ventures) | Initial investment. | ||
|
Andreessen Horowitz (a16z), (AH Capital Management LLC) | Venture capital firm founded by Marc Andreessen and Ben Horowitz | Follow-on investment. |
Series B USD 33,000,000
USD 33,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Andreessen Horowitz (a16z), (AH Capital Management LLC) | Venture capital firm founded by Marc Andreessen and Ben Horowitz | Initial investment. | |
|
DBL Partners (DBL Investors) | Initial investment. | ||
|
Invoca Inc | Initial investment. | ||
|
Powerplant Ventures LP | VC focusing on companies re-architecting the food system to deliver better nutrition in sustainable and ethical ways by leveraging the power of plants | Initial investment. | |
|
|
S2G Ventures (Seed to Growth Ventures) | Multi-stage investment firm focused on the food and agriculture industry. | Initial investment. | |
|
|
Tao Capital Partners | Family office investment firm based in San Francisco, California. | Initial investment. | |
|
|
Upfront Ventures Management LLC (Upfront Ventures) | Initial investment. | ||
|
Jason Spievak | Individual investor. | Initial investment. |
Series A USD 5,800,000
USD 5,800,000 ( )
| Investor | Profile | Country | |
|---|---|---|---|
|
Engel Ventures LLC | Venture investment company that invests in and supports technology and positive impact companies. | |
|
|
Invoca Inc | ||
|
Tech Coast Angels (San Diego Tech Coast Angels) | ||
|
|
Upfront Ventures Management LLC (Upfront Ventures) | ||
|
|
Jason Spievak | Individual investor. |
Seed USD 1,300,000
USD 1,300,000 ( )
| Investor | Profile | Country | |
|---|---|---|---|
|
|
Engel Ventures LLC | Venture investment company that invests in and supports technology and positive impact companies. | |
|
|
Jason Spievak | Individual investor. | |
|
John Greathouse | Individual investor. |
Grant USD 100,000
USD 100,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bill and Melinda Gates Foundation (BMGF) | The largest private foundation in the world, founded by Bill and Melinda Gates. | Initial investment. Led the round. |