If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! Founded in 2012, after winning $10,000 at UC Santa Barbara’s New Venture Competition, Apeel Sciences has subsequently raised $110 million from Bill & Melinda Gates Foundation, Andreessen Horowitz, Upfront Ventures and Viking Global Investors. (Note: I am a very small Angel investor in Apeel) The company’s three founders met during their time at UC Santa Barbara while pursuing their Ph.D.’s.