Apeel has taken its total funding to $110m after raising $70m in a series C round led by Viking Global Investors.

Apeel Sciences, a US-based food technology developer that emerged out of University of California (UC) Santa Barbara, has raised $70m in a series C round led by hedge fund Viking Global Investors, Bloomberg reported on Monday.

Andreesen Horowitz, Upfront Ventures, S2G Ventures and a range of unnamed backers reportedly also contributed to the round.

Apeel is developing plant-based coatings that can be applied to produce in order to delay the aging of fruit and vegetables. The company hopes its technology…

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