Apeel develops plant-derived solutions for fresh food providers. It aims to increase the lifespan of harvested fruits and vegetables even without refrigeration. It was founded in 2012 and is based in Goleta, California.
ESPs containing Apeel
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The shelf-life extension solutions market offers a range of products and services that can help businesses extend the shelf-life of their products. These solutions can help reduce food waste, improve product quality, and increase customer satisfaction. With shelf-life extension solutions, businesses can manage their inventory more efficiently, reduce packaging costs, and offer fresher products to …
Research containing Apeel
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Apeel in 9 CB Insights research briefs, most recently on Mar 1, 2023.
Expert Collections containing Apeel
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Apeel is included in 9 Expert Collections, including Agriculture Technology (Agtech).
Agriculture Technology (Agtech)
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Unicorns- Billion Dollar Startups
Companies involved in design and development of new biological parts, devices, and systems; as well as the re-design of existing biological systems.
Grocery Retail Tech
Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.
Packaging & Labeling Tech
Companies providing traditional and tech-enabled packaging and labeling solutions for brands.
Startups that help tackle food waste along the food value chain. Includes solutions that help resell or repurpose food waste.
Apeel has filed 70 patents.
Polymer chemistry, Polymers, Monomers, Polymerization reactions, Chemical processes
Polymer chemistry, Polymers, Monomers, Polymerization reactions, Chemical processes
Latest Apeel News
Sep 29, 2023
Apeel Sciences Introduces Breakthrough Technology-Enabled Tools to Transform Produce Ripeness Testing and Tracking Apeel Sciences Introduces Breakthrough Technology-Enabled Tools to Transform Produce Ripeness Testing and Tracking SANTA BARBARA, Calif. – Apeel Sciences announced the launch of RipeTrack, a suite of measurement tools and monitoring software that provides suppliers, distributors and grocery retailers unprecedented insight into produce ripeness through a fully digitized, user-friendly platform. RipeTrack benefits all nodes of the produce supply chain and ultimately results in measurably higher quality produce for consumers. RipeTrack can determine the ripeness and quality of produce instantly with a growing suite of non-destructive tools, including a durometer, a method of testing produce firmness that has proven to be three times more accurate than industry standards . This information is automatically inputted into a cloud-based data management system and can be digitally shared with team members for analysis. RipeTrack also uses AI technology to determine the ideal ripe date for a piece of produce by analyzing data such as country of origin, pack date and data from a durometer, allowing suppliers and retailers to make informed decisions about shipping and merchandising the fruit. “Before launching this system, testing ripeness at different stages of the supply chain was a time-consuming process that yielded inconsistent results, and a disconnect with what a retail buyer expected on shelves to drive sales,” said Ryan Fink, Senior Vice President of the Americas at Apeel. “We developed RipeTrack to optimize the decades-old process and give the produce industry more insight into the sales-driving quality attributes of their programming, resulting in more product delivered to required specifications and less product wasted.” This fully digitized process benefits all nodes of the produce supply chain. The easy to use inspection platform was developed in partnership with retail quality control teams, and enables ripeness data to be instantly captured and analyzed during the ripening, shipping and receiving processes. For suppliers and ripeners, RipeTrack can inform shipping and logistics decisions, and provide increased confidence that produce will be delivered to specifications requested by a retailer, reducing the inconsistencies that can occur at the store level. All inspection data from across a retailer or supplier’s operations is then aggregated into a program dashboard, allowing decision makers to assess whether the produce is meeting their goals for ripeness or freshness. They can use this insight to execute data-backed decisions that can improve their supply chain, logistics or merchandising, and deliver higher quality produce on shelf for consumers. “RipeTrack has received great feedback in initial trials with retailers and produce distributors,” said Fink. “Users recognize how it simplifies the ripeness testing and measurement process, and are immediately seeing the benefit of the increased visibility. Many retailers understand the sales value of offering ripe produce to meet customer demand and drive sales, now they have a system of tools that will allow them to execute these programs with confidence.” Originally developed to support the avocado category, the RipeTrack offering is quickly growing to serve multiple produce categories and use cases in the supply chain. In order to capture additional quality attributes, Apeel is integrating their advanced imaging capabilities into RipeTrack to accurately and non-destructively assess factors of ripeness such as dry matter, brix, and color. Apeel’s evolving technology stack is built on an unprecedented understanding of produce quality and shelf life. This has only deepened as the use of data and technology have given partners a powerful way to accurately and efficiently evaluate produce for ripeness, freshness, and other attributes. The announcement is the latest step in Apeel’s path toward developing science-backed, technology-supported solutions that help improve the produce experience on shelf. Visit Apeel at booth #3953 at the International Fresh Produce Association Global Produce & Floral Show in Anaheim, October 19-21 to see this technology in use.
Apeel Frequently Asked Questions (FAQ)
When was Apeel founded?
Apeel was founded in 2012.
Where is Apeel's headquarters?
Apeel's headquarters is located at 71 South Los Carneros Road, Goleta.
What is Apeel's latest funding round?
Apeel's latest funding round is Series E.
How much did Apeel raise?
Apeel raised a total of $640M.
Who are the investors of Apeel?
Investors of Apeel include Andreessen Horowitz, Viking Global Investors, Tao Capital Partners, GIC, Katy Perry and 22 more.
Who are Apeel's competitors?
Competitors of Apeel include It's Fresh!, GreenPod Labs, Neolithics, SoFresh, Karma and 8 more.
Compare Apeel to Competitors
RipeLocker specializes in extending the post-harvest life of perishables. Its low-atmosphere containers are used for storing and shipping fresh produce and flowers. It extends the post-harvest life by weeks and months. The RipeLocker containers are pallet-sized, made from recycled materials, and are reusable. The company was founded in 2016 and is based in Bainbridge Island, Washington.
Hazel Technologies offers solutions to reduce agricultural waste from fresh produce. Its product eliminates waste in the food supply chain and shrinkage for produce distributors. The firm was founded in 2015 and is based in Chicago, Illinois.
Mori provides a natural protective layer to slow down the spoiling process of fruits, vegetables, meats, and seafood. It allows users to sustainably transform the food supply by developing technologies for the agriculture, food, and packaging industries. Mori was formerly known as Cambridge Crops. It was founded in 2018 and is based in Boston, Massachusetts.
Ryp Labs develops technologies to slow down the ripening process of fruit. It helps to preserve fruits' lifespan and reduce waste. It was formerly known as StixFresh. The company was founded in 2017 and is based in Kirkland, Washington.
AgroFresh offers pre-and post-harvest expertise to reduce fruit waste from the orchard to the consumer. It works with customers internationally to apply the benefits of its products and services, including 1-MCP (1-Methylcyclopropene) based technologies that suppress ethylene development and its degrading effects on produce. The company was founded in 1996 and is based in Philadelphia, Pennsylvania.
SoFresh provides food-saving packaging materials that eliminate moldy food waste. Its products allow food producers to eliminate preservatives, prevent food waste, reduce the cost of production, and deliver food to consumers. SoFresh was formerly known as FreshEx. The company was founded in 2018 and is based in Kenosha, Wisconsin.