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Overview
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 productive 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 as 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.
About
Biotechnology, Food and Beverage, Manufacturing
2022
11-50
Headquarters locations
Europe
Social
N/A
Profile Resume
Onego Bio headquartered in Europe, operates in the Biotechnology, Food and Beverage, Manufacturing sector. The company focuses on Biotechnology and has secured $4.3B in funding across 60 round(s). With a team of 11-50 employees, Onego Bio is actively contributing to advancements in Biotechnology. Their latest funding round, Venture Round - Onego Bio, raised $15.3M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
1
0
$71.1M
Details
2
Onego Bio has raised a total of $71.1M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2022 | Seed | 11.3M | ||
2024 | Early Stage Venture | 30.0M |
Investors
Onego Bio is funded by 22 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Onego Bio | - | FUNDING ROUND - Onego Bio | 10.0M |
Business Finland | - | FUNDING ROUND - Business Finland | 10.0M |
Onego Bio | - | FUNDING ROUND - Onego Bio | 15.3M |
European Innovation Council | - | FUNDING ROUND - European Innovation Council | 15.3M |
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