Simple Planet, a company specializing in the development of cell-cultured food ingredients, has announced that it recently secured approximately 8 billion won in investment from domestic venture capital firms. The investment is part of a pre-Series A funding round.
Simple Planet has initiated the construction of a GMP production facility dedicated to the mass production of cell-cultured high-protein powder. The company’s strategic plans include process technology optimization, securing food ingredient approvals, and expanding its presence overseas.
Korea’s Simple Planet Secures 8 Billion Won Investment for Cell-Cultured Food Innovations
ByGrégory Maubon
Mar 1, 2024
By Grégory Maubon
Leading Innovation ++ on the Field ++ with a Purpose => I used AI in cultivated meat industry to optimize bioreactor design and to dramatically improve the efficiency and quality of production. I developed high quality 3D imagery process in a biotechnological startup to disrupt the drug discovery methods.