Dominic Jeong speaking

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Interviews

Simple Planet: “It is a Way to Maintain Biodiversity Through Cell Culture and Reduce the Burden on the Earth”

South Korea’s leading cultivated meat company, Simple Planet, says it thrives on “leading the cell-based foods industry by reshaping food production platforms for the next generations”. Founded in 2022, the company has developed specialized cell lines from beef, pork, seafood, and chicken, and focuses on induced pluripotent stem cells “as an unlimited cell source for cell-based foods”. Simple Planet’s products include a high protein cultivated meat powder, animal fat paste, …

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Simple Planet's cultivated meat

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Meat

Bio Future Food Industry Association Launches in South Korea to Boost the Cultivated Meat Sector

The Bio Future Food Industry Association has launched in South Korea to support and develop the country’s cultivated meat sector. Established under the Korean biotechnology Industry, the new association boasts participation from 32 members, including the cell ag companies Simple Planet, SeaWith, CellQua, and TissenBioFarm and established food giants like Daesang and CJ CheilJedang. The Association plans to serve as a communication channel with relevant government agencies, hold regular seminars, build …

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Dominic Jeong, CEO of Simple Planet.

CEO Dominic Jeong © Image courtesy of Simple Planet

Company News

Simple Planet to Develop Cell Ag Technologies Under South Korea’s National Project for Food Tech

Cultivated meat ingredients developer Simple Planet announces that it has been selected to participate in an ₩11 billion national project launched by South Korea’s government to expand the food tech industry. The national project involves various individual projects led by different governmental institutions, including the Korea Institute of Planning and Evaluation for Technology in Food, Agriculture and Forestry (IPET), the Korea Agriculture Technology Promotion Agency (KOAT), and the Korea Institute of Marine Science …

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Cultivated ingredients producer Simple Planet

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Investments & Finance

Simple Planet Raises $6M for Cultivated Ingredients in Oversubscribed Funding Round

South Korea-based Simple Planet, a producer of cultivated ingredients, has raised $6 million in an oversubscribed pre-series A round. Participants included POSCO CAPITAL, DCP Private Equity, EASY Holdings, Hyundai Venture Investment, and more. A previous $1.5 million investment led by Pulmuone takes Simple Planet’s total funding to $7.5 million, which is particularly impressive in light of the challenging investment climate. Some of the funding will be used to build a …

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Simple Planet makes cultivated meat powder for f&&B applications

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Company News

South Korea’s Simple Planet Reveals Plans to Bring Cultivated Meat Powder to North America

Simple Planet, a biotech company based in South Korea that produces cell-based food ingredients, has revealed plans to venture into the global market by establishing branches in North America in the second half of 2023.  Instead of growing pieces of meat or seafood, Simple Planet produces cultivated meat powder and cultivated unsaturated fat. Its products are designed to improve the nutritional profile of foods while enhancing their flavor. They can be used …

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