GIC-led investors acquired a stake in Apeel Sciences for $250m.

GIC-led the most current capital raise, alongside with Tao Capital Partners, Upfront Ventures, Rock Creek Capital, Viking Global Investors, Katy Perry and with previous investment from Oprah Winfrey in 2019 invested in Apeel Sciences, a company that is fighting the global food waste crisis by utilizing nature's tools to prevent waste in the first place, for $250m. "We are proud to team up with GIC to help create a better future with less waste. Food waste is an invisible tax imposed on everyone that participates in the food system. Eliminating global food waste can free up $2.6tn annually, allowing us to make the food ecosystem better for growers, distributors, retailers, consumers and our planet. Together, we're putting time back on the industry's side to help deal with the food waste crisis and the challenges it poses to food businesses," James Rogers, Apeel Sciences Founder and CEO.