Apeel Sciences has announced on its website that is has secured a US$250m investment led by led by Singapore‘s sovereign wealth fund, Government of Singapore Investment Corporation (GIC), to continue in its mission in reducing food waste through its plant-based edible skin that preserves perishable fruits and vegetables.
Oprah & Katy Perry Backed Apeel Sciences Announces Launch of Apeel Mangos That Last 2X Longer
Apeel Sciences announces that, following the success of Apeel-protected avocados, which according to the company are driving a 50% reduction in food waste on average for food retailers, Apeel and Nature’s Pride today introduce Apeel-protected mangoes that last two times longer. “Apeel is the perfect example of how we can generate more impact to fight food waste together” Apeel has enjoyed a steady trajectory of investment success since its launch. In 2018, the company raised $70 million and announced that former CEO of Whole Foods Market, Walter Robb, was to join its board of directors. In May of last year, it secured a US$250m investment led by led by Singapore’s sovereign wealth fund, Government of Singapore Investment Corporation (GIC), along with celebrity investors Oprah Winfrey …