Onego Bio

Onego Bio

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Organization

Contact Information

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

Industries

Biotechnology, Food and Beverage, Manufacturing

Founded

2022

Employees

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.

Employees

imagePlace Maija Itkonen

Maija Itkonen

CEO & Co-Founder

imagePlace Chris Landowski

Chris Landowski

CTO & Co-Founder

Funding Rounds

Funding rounds

5

Investors

1

Lead Investors

0

Total Funding Amount

$71.1M

Details

2

Onego Bio has raised a total of $71.1M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2022Seed11.3M
2024Early Stage Venture30.0M

Investors

Onego Bio is funded by 22 investors.

Investor NameLead InvestorFunding RoundPartners
Onego Bio-FUNDING ROUND - Onego Bio10.0M
Business Finland-FUNDING ROUND - Business Finland10.0M
Onego Bio-FUNDING ROUND - Onego Bio15.3M
European Innovation Council-FUNDING ROUND - European Innovation Council15.3M

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