Akorn Technology

Overview
News
Food Waste?
Product stageSegments
Expansion
?
Waste Prevention Technologies
?

Akorn Technology is a US-based startup that focuses on developing 100% natural edible coatings using upcycled, non-GMO corn by-products. These coatings are designed to slow down ripening, reduce moisture loss, and inhibit the growth of microorganisms, thereby extending the shelf life of fresh produce. By implementing these coatings, Akorn Technology aims to minimize food waste and enhance nutrition for consumers.

Akorn Technology claims that its coating can extend the shelf life of fruits by up to 3x the normal duration, reducing cold chain losses by over 30%. The company’s mission is to reduce fresh produce losses in the supply chain by 50% and save 250 million tons of food each year. Third-party evaluations have demonstrated that Akorn coatings can significantly reduce rot and mold by up to 50%. The main ingredient in the coatings is corn zein, a significant storage protein found in corn. The coatings also incorporate two other ingredients—plant wax for managing moisture loss and vegetable oil for color retention. 

In January 2022, Akorn Technology received approval from the European Union (EU) for its edible coatings, allowing its application on both whole and cut fresh fruit, regardless of whether the skin is edible or has inedible peels. This regulatory recognition strengthened the company's position in the market supporting its expansion plans. Further, in January 2022, Akorn announced the commercial launch of its edible coatings across major retailers in the US. Following this, Akorn also expanded to South American and African markets. As of 2024, the company had launched its coatings for pears, peaches, pineapples, nectarines, mangoes, avocados, apples, and citrus in Asia, Australia, Europe, and North America.

Key customers and partnerships

Akorn Technology partnered with Cutri Fruit in June 2023 to extend the shelf life of Akorn’s produce and improve the quality of its fruit for local and export markets.

HQ location:
2942 San Pablo Ave Berkeley CA USA
Founded year:
2019
Employees:
1-10
IPO status:
Private
Total funding:
USD 1.6 mn
Last Funding:
USD 300.0 k (Seed; Jul 2022)
Last valuation:
-
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