SUJISLINK, a food tech company, announced on the 8th that it has secured a strategic investment of 3 billion won from Samyang Foods.  SUJISLINK stated, 'Following a business agreement with Samyang Foods last November, we have decided to attract this investment to actively cooperate in the alternative meat sector.’ 

 Established in 2016 as an agricultural corporation, SUJISLINK initially began with the production of processed meat products and became the first in Korea to introduce Swiss Bühler's High Moisture Meat Analogue (HMMA) mass production equipment for plant-based meat.  Currently, the company focuses on the development and production of plant-based alternative meats. 

 A Samyang Foods investment official described SUJISLINK as a leading food tech company with excellent capabilities in implementing plant-based protein structures and rapidly advancing technology.  They stated, “Considering the infinite potential of the alternative protein market, we believe there are many opportunities for collaboration with SUJISLINK.” (continue)

Link: Maeil KyeongJe (https://www.mk.co.kr/)