Food Tech Firm Apeel Picks Up $250 Million To Help Stop Vegetables From Rotting

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Fruits and vegetables well past their expiration dates don't make for a particularly appetizing business opportunity.

But in a Series E funding round this week, Santa Barbara-based food-tech firm Apeel Sciences scored $250 million to put toward expanding the use of the firm's edible coating that can double the shelf-life of produce, helping prevent food waste.

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Source Fool.com