Simple Planet Secures $10M Bridge Loan for Cultivated Meat

Simple Planet, a South Korean food tech startup, has secured a $10 million bridge loan to support its commercialization efforts in cultivated meat. The funding will aid in establishing an industrial production facility and expanding operations, as the company prepares to submit regulatory dossiers in South Korea and Singapore.

Original excerpt: Simple Planet is about to submit dossiers in South Korea and Singapore for regulatory approval – a feat its CEO says will make cultivated meat resurgent…

Source: Green Queen