Posts tagged "Apeel Sciences"

Hedge Fund Viking Invests in Battle to Keep Avocados Ripe Longer

[1 August/Bloomberg] Viking Global Investors led a $70 million fundraising round for Apeel Sciences. Apeel Sciences is a California startup that uses food waste and other plant material to delay the aging of fruit and vegetables. It has raised a total of USD110 million. Avocados treated by its solution stay ripe twice as long and...

Why Costco’s avocados will last twice as long

[19 June/Food Dive] Apeel Sciences has developed technology that can more than double the shelf life of fruit, helping consumers, retailers and the environment by cutting down on food waste. The company developed a powder that is sprayed on produce close the harvest and dried to create an extra layer of material to slow the...