Simple Planet Raises $6M for Cultivated Ingredients in Oversubscribed Funding Round
Amount Raised
$6 Million
Round Type
Series A
SeoulBiotechnologyInvestors
Description
Simple Planet, a producer of cultivated ingredients, has raised $6 million in an oversubscribed pre-series A round. The funding will be used to build a facility for mass production, optimize development processes, enter global markets, and gain regulatory approvals.
Quick answer
Simple Planet raised $6 Million in a Series A round, dated February 22, 2024. Investors: Pulmuone, Hyundai Venture Investment, Easy Holdings, Dcp Private Equity and Posco Capital. Simple Planet is based in Seoul, Seoul, South Korea.
- How much did Simple Planet raise?
- Simple Planet raised $6 Million in a Series A round on February 22, 2024.
- Who invested in Simple Planet?
- Pulmuone, Hyundai Venture Investment, Easy Holdings, Dcp Private Equity and Posco Capital are named as investors in this round.
- What does Simple Planet do?
- A food-technology start-up company, producing future food based on the technology of cell culture platform and stem cell “We are relying on intuitive problem solving”
- Where is Simple Planet based and how big is it?
- Simple Planet is based in Seoul, Seoul, South Korea.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as Simple Planet that raised within 45 days of this round, from Fundz verified event records.
- Astek Diagnostics raised an undisclosed amount (Pre-Series A) on April 7, 2024.
- NeuroVigil raised $85M (Series B) on April 6, 2024.
- Beacon Therapeutics raised $120M (Series A) on April 5, 2024.
- Syntropic Medical raised an undisclosed amount (Funding Round) on April 5, 2024.
- Varda Space Industries raised $90M (Series B) on April 5, 2024.
- Glycologix raised $1.5M (Seed) on April 5, 2024.
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Funding Insights
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