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%. 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: a plant wax for managing moisture loss and a 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 strengthens the company's position in the market supporting its expansion plans. The company is yet to commercialize successfully.
In July 2022, the company raised USD 1.6 million in seed funding to accelerate the development and commercialization of Akorn Technology's edible coatings technology.
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