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

A second activity involves establishing pluripotent stem cell lines and differentiation. Developing mass culture technology for cultivated meat in collaboration with Hanyang University and Seoul National University. IPET’s high-value-added food development program supports this project.

The third project includes researching and developing technologies to cultivate high-value seafood products. The startup will work in collaboration with various universities, the food business Hy, and the Korea Basic Science Institute. After developing the tech, Simple Planet plans to produce a cultivated fish cake.

In addition, the team is considering seafood powder for the future. “With KIMST’s project, Simple Planet will focus on high-value marine species such as eel, halibut, rainbow trout, bluefin tuna, squid, pollack, and lobster,” Simple Planet told us. © Simple Planet Expanding cultivated meat Simple Planet , established in Seoul in 2021, develops high-protein cultivated meat powder and cultivated unsaturated fat. Per to Its products are, to enhance the taste and nutritional value of food products. The startup secured $6 million in February, bringing its total financing to $7.5 million.

At present, Simple Planet operates a facility where it produces at-scale raw materials leveraging purchase technology and its suspended cell development platform. It claims to have established 13 different cell lines from cattle, pigs, chickens, ducks , and fish and an edible serum-free culture medium to reduce production costs and ensure protection.

W ith the new capital, Simple Planet plans to establish a GMP (Good Manufacturing Practice) production facility in Seoul within this year. Another goal is to grow to global markets, including the US, and gain regulatory approvals. © Simple Planet Food and functional ingredients In addition, the firm plans to seek novel foods approval to commercialise its cultivated meat ingredients directly to buyers under the Balboa Kitchen label.

Dominic Jeong, CEO of Simple Planet, comments, “ Our cell-cultured food ingredients can produce diverse customized ingredients including food. Functional ingredients with excellent production efficiency, enabling stable food supply.”