Apeel Sciences Raises $250M in Series E

Apeel Sciences has successfully raised $250M in a Series E at a $2B valuation led by Temasek, Anne Wojcicki.

Company Overview

Apeel Sciences is a AgTech company headquartered in Goleta, CA, founded in 2012 with 400+ employees.

Plant-based food preservation coating

Fundraising Details

Amount Raised: $250M
Round Type: Series E
Valuation: $2B
Date: 2020-05-07
Investors: Temasek, Anne Wojcicki

About Apeel Sciences

Plant-based food preservation coating The company is positioned in the AgTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Goleta, CA
Founded: 2012
Team Size: 400+
Industry: AgTech

What This Means

This funding round demonstrates strong investor confidence in Apeel Sciences's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AgTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Apeel Sciences's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2B valuation marks an important milestone for Apeel Sciences, positioning the company among notable players in the AgTech industry.

Looking Ahead

With this new capital, Apeel Sciences is well-positioned to execute on its growth strategy and continue building innovative solutions in the AgTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2020-05-07. For more information about Apeel Sciences, visit their headquarters at Goleta, CA.

Apeel Sciences