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Ryp Labs

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StixFresh is taking a bite out of food waste

Bothell, United StatesFounded 2017Food
Valuation $25–50M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Ryp Labs

Ryp Labs, formerly known as Stixfresh, is a company operating in the agricultural technology sector with a focus on extending the shelf life of fresh produce. The company was founded by Zhafri Zainudin and Moody Soliman. Zainudin's journey began with an observation of fruit vendors in his Malaysian hometown struggling with produce spoilage. This firsthand experience with the challenges of food waste inspired him to find a natural solution. His background in business and marketing, combined with a decade of research, led to the development of the company's core technology.

Ryp Labs has developed a peelable sticker that acts as a natural preservative for fruits and, more recently, vegetables and flowers. This sticker is coated with a proprietary, all-natural compound of ionized sodium chloride and beeswax, which creates a protective layer around the produce. This layer works to slow down the ripening process and inhibit the development of mold, effectively extending the freshness of items like apples, pears, avocados, and citrus fruits for up to two weeks. The business model targets growers, packers, and distributors within the fresh produce supply chain. By providing a simple-to-apply solution, the company helps its clients reduce spoilage-related financial losses and improve the quality of produce reaching consumers.

The product's key feature is its ease of use and its composition of 100% natural, food-grade ingredients, conforming to GRAS (Generally Recognized as Safe) standards. This approach offers a distinct advantage over conventional preservation methods that may use synthetic chemicals. The company's significant milestones include being selected for prominent accelerator programs such as the FoodBytes! pitch competition in 2018 and the 2019 cohort of the TERRA Food & Ag Tech Accelerator.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Bothell, United States
Sector
Food

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • US National Science Foundation
  • USAID

Series A5 investors entered at this stage

  • The Good Investors
  • Ocean Born Foundation
  • BCP Blitz
  • King Philanthropies
  • Argosy Foundation
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇺🇸 United States64.7%
🇧🇪 Belgium5.9%
🇯🇵 Japan5.9%
🇨🇭 Switzerland5.9%
🇩🇪 Germany5.9%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ryp Labs on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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