.
MergerLinks Header Logo

New Deal


Announced

Completed

Temasek led a $250 Series E funding round in Apeel.

Financials

Edit Data
Transaction Value£180m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Minority

Completed

Acquisition

Cross Border

Venture Capital

peel surface

plant-derived solution

Food Products

United States

Private

Private Equity

Synopsis

Edit

Temasek led a $250 Series E funding round in Apeel, a company that is fighting the global food waste crisis. Other investors include Mirae Asset, GIC, Viking Global, Disruptive, Andreessen Horowitz, Tenere Capital, Sweetwater Private, Tao Capital, K3 Ventures, David Barber, Michael Ovitz, Anne Wojcicki, Susan Wojcicki and Katy Perry. “The pandemic has completely shaken up food retail: people are increasingly buying their fresh produce online, while simultaneously expecting the best in terms of quality and sustainability. We’ll use our latest funding to help our supplier and retailer partners offer a differentiated experience to their shoppers," James Rogers, Apeel Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US