Lotte Accelerator
14F, 5, Teheran-ro 69-gil, Seoul, Seoul-t'ukpyolsi, 06160, South Korea
Overview
L-Camp is Lotta Accelerator's Accelerating Program. Program for Development of Start-Up businesses. (Six months program, twice a year) - Discovery : Select +20 Start up companies - Invest 20M ~ 50M KRW for each company. - Provide office area, Mentoring, networking. - Demo day : Pitching(7~10 teams) and Display (under 20 units).
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- The PlantEat
Participated · Equity · Jan 2019
The PlantEat is a Korea-based food tech startup that researches and develops alternative food products and plant-based substitutes. The company was founded in 2017 after placing top 3 in Seoul National University’s Be the Rocket program. It began with yakkong mayonnaise, a pure vegetable mayonnaise made from Korean yakkong bean and soy milk as an egg replacement. The PlantEat has secured technical credentials including certification by the British Vegetarian Society and registration of Korean patents. With a new $1.34M investment, the company plans to expand R&D, move its lab, and increase R&D personnel to develop a platform to replace eggs, milk, and meat. Management says the funding will support continued product and raw-material development for sustainable alternatives.
Team
No current team members are available.