The UC Santa Barbara-launched food preservation technology developer’s latest round valued it at $2bn.

Apeel Sciences, a US-based food coating developer founded at University of California, (UC) Santa Barbara, has secured $250m in series E funding at a $2bn valuation, according to TechCrunch. Singaporean government-owned Temasek led the round, which included Andreessen Horowitz, Disruptive, GIC, K3 Ventures, Mirae Asset Global Investments, Sweetwater Private Equity, Tao Capital Partners, Tenere Capital…

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