Apeel Sciences

Apeel Sciences is a company based in Goleta, California whose edible coating product Apeel [1] can make avocados, citrus and other types of fruit last twice as long as usual by using a tasteless edible coating made from plant materials.[2][3][4] The coating's formulation can be modified for strawberries, mangoes, apples, bananas, kumquats, citrus, and asparagus.[3][5] It is based on the food additive E471.

Apeel Sciences
Private
Founded2012 
FounderJames Rogers
HeadquartersGoleta, California
Websiteapeelsciences.com

Founding

Apeel was founded in 2012 by James Rogers,[3] after receiving a $100,000 grant from the Bill and Melinda Gates Foundation to help reduce post-harvest food waste in developing countries that lacked refrigeration infrastructure.[6][7][8]

After the initial grant, backing has been provided by Microsoft cofounder Bill Gates and venture capitalist firm Andreessen Horowitz. Apeel has raised $110 million dollars in financing to date.[9]

References

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