NEW TECH FOODS

Pulmuone and Switzerland’s robot automation company ABB have signed a joint R&D agreement to develop technologies for cell-cultured fish.

South Korean food-tech company Simple Planet has been selected for a KRW 11bn (approx. $8.16m) grant from the country’s government.

New Culture has partnered with CJ CheilJedang, the ‘world’s largest’ supplier of bioproducts made from microbial fermentation.

The Government of South Korea announced plans to designate a regulatory-free zone in the Gyeongsangbuk-do province to boost cultured meat.

South Korea's Ministry of Food and Drug Safety announced that it is accepting applications for regulatory approval of cell-based meat.

South Korean cell-based meat start-up Simple Planet has raised $6m in pre-Series A funding to speed up R&D of its cultured meat powder.

Scientists at Yonsei University in South Korea, have created a new type of food – a ‘beef-rice’ hybrid, made with beef muscle and fat cells.

South Korean food giant Nongshim has announced that it is investing KRW 10bn in food-tech venture funds, particularly cell-based meat.