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Recently Funded|Amount: USD 6.0M|Industry: Biotechnology

Sustainable Food Tech Startup Simple Planet Secures $6 Million Funding for Bio-Food Innovation

Simple Planet

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11-50 employees employees (Est.)
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Simple Planet, the leading bio-food tech innovator based in South Korea, is making waves in the sustainable food industry after successfully raising $6 million in a recent funding round. With their groundbreaking cell-cultured technology, Simple Planet is dedicated to revolutionizing the food landscape by creating sustainable alternatives to traditional ingredients, thereby contributing to reduced carbon emissions and improved food security. The funding will be pivotal in enhancing their research and development efforts, particularly in the optimization of their proprietary Suspension Cell Differentiation Development Platform (SCDP), which facilitates the mass production of high-quality, protein-rich cultured meat and healthy, unsaturated fatty acid animal fat. Investors are increasingly recognizing the urgent need for innovative solutions to address climate change and biodiversity challenges. Simple Planet's unique approach, with a portfolio of 13 specialized cell lines from various animal sources such as cattle, pigs, and fish, not only aligns with global environmental goals but also meets rising consumer demand for sustainable food options. This capital boost will also advance production efficiency and cost-effectiveness by allowing the company to scale operations, unlocking their mini-plant phase aimed at mass production. As they continue to develop their high-protein cultured meat powder and unsaturated fatty acid animal-fat paste, Simple Planet’s vision of a sustainable future—where food security and environmental responsibility intersect—becomes ever clearer. The company's commitment to it's motto, "Simple Planet sees the future and thinks of nature," remains at the forefront of its mission as it leads the charge in reshaping what we eat for the betterment of our planet.
August 30, 2024

Buying Signals & Intent

Our AI suggests Simple Planet may be interested in solutions related to:

  • Meat Alternatives
  • Cellular Agriculture
  • Sustainability Solutions
  • Food Technology
  • Health and Wellness Products

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