Simple Planet Secures $10M Bridge Loan for Cultivated Meat

Simple Planet, a South Korean food tech startup, has announced a $10 million bridge loan aimed at advancing its cultivated meat production. This funding will support regulatory submissions in South Korea and Singapore, crucial for market entry and investor confidence in the sector, which has faced significant funding declines recently.

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