Apeel Technology develops plant-based coatings that significantly extend the shelf life of fresh produce, addressing critical food waste challenges for retailers and suppliers. Founded in 2012 and headquartered in Goleta, California, the materials technology company has established itself as a leader in sustainable food preservation solutions. The company's innovative coatings are derived from natural plant materials and can double or triple produce freshness without requiring refrigeration changes or additional infrastructure. With a current valuation of $2 billion, Apeel continues expanding its market reach while developing advanced coating formulations to reduce global food waste and improve supply chain efficiency.