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Onego Bio

51 employees

Onego Bio is a US-Finnish food-biotech company revolutionizing the food system by harnessing the power of precision fermentation to manufacture real egg protein entirely animal-free. Their ingredient, Bioalbumen®, sets a new standard for sustainable protein with identical taste and nutrition, superior functional properties and over 90% smaller environmental footprint compared to eggs from chickens. Onego’s highly efficient and scalable technology caters to the needs of the food industry searching for stable, sustainable functional ingredients. As a game-changer in the field, the company was selected the Winner of Fast Company’s 2023 World Changing Ideas awards and is a co-founder of two industry associations: Precision Fermentation Alliance and Food Fermentation Europe.

Investor insights

Funding rounds participated in

$15M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Food and Beverage Manufacturing

Sectors

Food and Beverage Manufacturing

Funding rounds raised

Total raised

$15M

from 1 investors over 1 rounds

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Onego Bio raised $15M on August 15, 2024

Investors: EIC Accelerator

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