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Project details

Korea condiment company seeks USD 10 million investment

Project region Korea
Industry Condiment
Total value of the target N/A
Expected target net rate of return after deducting all taxes and fees N/A
Validity period of pending order 365

CONTACT ADVISOR

  • Simon Laube

    Simon Laube

    Senior Associate, International Business Advisory

Project highlights Salicornia - low-sodium salt - 35 patents
Project description

The Korean condiment company has successfully extracted salt from Salicornia, a halophyte flowering plant containing a large amount of salt, and developed the world's first plant based salt with 100% purity. A natural low-sodium salt, which can reduce sodium intake by 20% and have a significant effect on hypertension. The company also desalinated Salicornia and developed a new food that can effectively reduce body fat. In addition, the company developed healthy functional food materials and tea drinks that can effectively improve memory and cognitive ability by using Salicornia. It has 35 patents for Salicornia-based products. The company's round B equity financing seeks USD 10 million.

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