Simple Planet

Seoul, South Korea Founded: 2021 • Age: 5 yrs
Provider of plant-based cultivated meat

About Simple Planet

Simple Planet is a company based in Seoul (South Korea) founded in 2021 by Ildoo Jeong. Simple Planet has raised $7.5 million across 2 funding rounds from investors including Pulmuone, DCP and Easy Holdings. Simple Planet operates in a competitive market with competitors including Thyssen Biopharmaceuticals, HN Novatech, Innohas, DaNAgreen and SEAWITH, among others.

  • Headquarter Seoul, South Korea
  • Founders Ildoo Jeong
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website en.simpleplanet.io
  • Social LinkedIn X Instagram
Key Metrics
  • Total Equity Funding
    $7.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $6M (USD), Seed

    Feb 2024

  • Investors
    Pulmuone

    & 9 more

Funding Insights of Simple Planet

Simple Planet has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $7.5M
  • Total Rounds 2
  • Last Round Seed — $6M
  • First Round $1.5M

    (Jun 2022)

  • Investors Count 10

All 2 funding rounds of Simple Planet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$6MSeed–DCP, MYSC
Jun 2022$1.5MSeed–Pulmuone
–
Valuation history

10 investors in total: 10 institutional.

Investors in Simple Planet

Simple Planet has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Pulmuone, DCP and Easy Holdings.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed across multiple sectors by DCP.
–dcpcapital.comBeijing, China
Health-focused venture capital investments are made in US sectors.
–prologventures.comNewark, United States
Pathfinder H is engaged in venture capital investments for startups.
2018pathfinderh.comSeoul, South Korea
Startup support is provided through incubation, funding, and workspaces.
–dcamp.krSeoul, South Korea
-
–sgivc.com-
Provides investment advisory, asset management, and financial services to institutional investors.
2014poscocapital.co.ukLondon, United Kingdom
Consumer electronics and storage solutions are provided by Hyundai Technology México.
–hyundaitechnology.com.mx-
Agricultural farms are owned and operated for food additive production.
1981pulmuone.co.krSeoul, South Korea
-
–easy-holdings-llc.com-
-
–mysc.com.au-
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Investor details for Simple Planet

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Simple Planet

1 people are tracked at Simple Planet (1 in leadership).

NameRoleGroup
Ildoo Jeong
Co-Founder & CEOLeadership
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Complete people profiles for Simple Planet

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Simple Planet

3 dated milestones of Simple Planet across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Simple Planet is founded.
  2. Funding First funding round of $1.5M.
  3. Funding Latest funding round, Seed, of $6.0M.

Competitors of Simple Planet

Simple Planet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thyssen Biopharmaceuticals, HN Novatech, Innohas, DaNAgreen and SEAWITH, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tissenbiofarm.com2021–$1.59M–
Lab-grown meat substitutes are offered via an online platform.
hnnt.co.kr2021Anyang, South Korea$4M–
Platform offering alternative meat products
innohas.com2021Seoul, South Korea––
Plant-based meat substitute novel food products are developed by Innohas.
danagreenbio.com2013Seoul, South Korea$7M–
Provider of scaffolds to culture cells in 3D
seawith.net2019Daegu, South Korea––
Cultured meat products are developed from seaweed using lab-based methods.
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Detailed competitors of Simple Planet

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Simple Planet

The website of Simple Planet (simpleplanet.io) receives about 3.7K visits a month.

  • Monthly visits
    3.7K

    ▲ 286.1% vs previous month

Latest news on Simple Planet

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Complete news archive for Simple Planet

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Simple Planet

10 companies that operate in the same segment as Simple Planet (Food & Beverage Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform food ordering and delivery service
2008Gurugram, Haryana, IndiaUSD 1.69 BUSD 5.79 B7,780
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
Food and market delivery services are provided by iFood.
2011Sao Paulo, BrazilUSD 590.8 M––
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Restaurant operations are managed via a cloud-based platform.
2011Boston, Massachusetts, United StatesUSD 1.15 BUSD 6.15 B5,700
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
Food delivery services are offered in major Indian cities.
2012Mumbai, Maharashtra, IndiaUSD 97.72 MUSD 39.01 M3,150
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Frequently Asked Questions about Simple Planet

Simple Planet was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Simple Planet is headquartered in Seoul, South Korea.

Ildoo Jeong is the current CEO of Simple Planet. They have also founded this company.

Simple Planet is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 2022.

Provider of plant-based cultivated meat. It uses cell cultivation technology for alternative meat production. Its plant-based meat alternatives include beef, pork, chicken, and seafood.

Simple Planet's top competitors include DaNAgreen, HN Novatech and Thyssen Biopharmaceuticals.

Simple Planet has 10 investors. Key investors include Pulmuone, DCP, Easy Holdings, MYSC, and Prolog Ventures.

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