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Food preservation tech company Apeel clinches $250 million

ImpactAlpha, May 27 – Santa Barbara, Calif.-based Apeel has secured $250 million funding round to expand use of its edible protective coating for fresh food in the U.S. and Europe, as well as emerging markets. “COVID-19 has shown how tightly wound and stretched our food system is, and food waste acts as an enormous tax

DFC shores up portfolio with $4 billion COVID relief plan

ImpactAlpha, May 27 – Multilateral banks and development finance institutions are an especially critical source of capital in emerging markets as private investors shy from dealmaking in the pandemic. The U.S. International Development Finance Corp.’s new $4 billion relief pledge joins multi-billion-dollar relief efforts from the International Finance Corp., the Inter-American Development Bank and the African