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Startup That Reduces Food Waste Valued at $1 Billion

By
Kate Clark
· · Source: The Information

Apeel Sciences, which creates a natural coating for fruits and vegetables to keep them fresh longer, has raised $250 million in new funding at a valuation of over $1 billion, the company announced on Tuesday. GIC, Singapore’s sovereign wealth fund, has led the round with participation from existing investors including Viking Global Investors, Upfront Ventures, Tao Capital Partners and Rock Creek...

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