Apeel Sciences

Private

Apeel Sciences develops plant-derived, edible coatings that extend the shelf life of fresh produce by slowing water loss and oxidation. Founded with a Bill and Melinda Gates Foundation grant, the company's FDA-approved coatings are made from lipids found in fruit peels, enabling longer freshness without refrigeration. Used by major retailers including Costco, Kroger, and Walmart.

Founders James Rogers, Jenny Du, Louis Perez

Company

Founded
2012
Headquarters
Goleta, United States

Financials

Total Funding
$715M
Sectors
Climate Tech Biotech
www.apeel.com Twitter

Funding History

9 rounds
Debt Jan 1, 2022
$75M
Credit facility (debt, not equity). Not included in total funding.
Armentum Partners (Lender)
Series E Aug 18, 2021
$250M
Temasek Holdings (Lead) Mirae Asset GIC Viking Global Investors Andreessen Horowitz Tenere Capital Sweetwater Private Equity Tao Capital Partners K3 Ventures
Series D Oct 27, 2020
$30M
IFC (Lead) Temasek Holdings Astanor Ventures
Series D May 26, 2020
$250M
GIC (Lead) Viking Global Investors Upfront Ventures Tao Capital Partners Rock Creek Group
Series C Aug 1, 2018
$70M
Viking Global Investors (Lead) Andreessen Horowitz Upfront Ventures S2G Ventures
Series B Dec 13, 2016
$33M
Andreessen Horowitz (Lead) DBL Partners (Lead) S2G Ventures Tao Capital Partners Powerplant Ventures Upfront Ventures
Series A Jun 23, 2015
$6M
Upfront Ventures (Lead)
Seed Dec 31, 2013
$1M
Bill & Melinda Gates Foundation (Lead) Upfront Ventures (Lead)
Grant Nov 1, 2012
$100K
Bill & Melinda Gates Foundation (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.