Eco-friendly Alternative Food Company 'Biomix' Secures Series A Investment

[Asia Economy Reporter Kim Cheol-hyun] Biomixtech (CEO Yoon So-hyun, hereinafter Biomix), specializing in the development and production of vegan foods such as plant-based protein alternative meat, announced on the 2nd that it has secured Series A investment from Atinum Partners, Altos Ventures, and Otium Capital.

Based on the investment, Biomix plans to develop plant-based protein tissue manufacturing technology, establish a specialized alternative meat production factory, and start expanding overseas from next year, beginning with the United States and Islamic regions.

Yoon So-hyun, CEO of Biomix, has successful experience since 2006 in California, USA, developing brands such as 'Yoplaver,' 'Tutifrutti,' 'Titok,' and 'Omaivens,' exporting to 45 countries and opening over 900 stores. Additionally, she has researched, developed, and launched more than 300 food products including premixes for yogurt, gelato, and smoothies.

Based on this experience, Biomix, established domestically in 2016, introduced technology that reproduces the unique fat color, taste, aroma, and moisture of each type of meat, as well as plant-based textured protein manufacturing technology, achieving even the chewing texture. Currently, a total of 16 product lines, including the flagship product 'Gogidaesin' (Instead of Meat), 'Seoltangdaesin' (Instead of Sugar), 'Sogeumdaesin' (Instead of Salt), and 'Milgarudaesin' (Instead of Flour), are sold at the three major large domestic supermarkets and online malls. From the end of this year, they aim to sequentially launch vegan stir-fried pork, vegan jerky, plant-based hamburger patties, tteokgalbi, and plant-based meat sausages, while preparing to export 'K-Food' combined with vegan products to overseas markets such as the US and the Middle East.

CEO Yoon So-hyun stated, "We aim to create an eco-friendly well-being food industry ecosystem and overcome the relatively difficult domestic alternative food manufacturing limitations. Furthermore, we will introduce future-oriented alternative foods considering the dietary cultures of various countries and ethnicities."

Oh Jun-seok, Managing Director of Atinum Partners, who led this investment, said, "The alternative meat market is expected to grow to a scale of 180 trillion won within the next 10 years. Given the current high interest in environmental pollution and diseases, significant market expansion is anticipated from this point forward."

This content was produced with the assistance of AI translation services.