Onego Bio raises funding for animal-free egg protein

© Onego Bio

Onego Bio Raises $40M to Commercialize “Revolutionary” Animal-Free Egg Protein

US-Finnish biotech company Onego Bio has raised $40 million in one of the largest Series A rounds in the Nordics. The funding will be used to drive the commercialization and manufacturing of the company’s animal-free egg protein, which is produced using precision fermentation. The round was led by NordicNinja, with participation from Tesi, EIT Food, Agronomics, and more. It also includes $10 million in non-dilutive funding from the Finnish government …

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PoLoPo unveils its SuperAA plant molecular farming platform already deployed in potato plants at a greenhouse scale.

Image courtesy of PoLoPo

PoLoPo Unveils Molecular Farming Platform in Potato Plants to Grow Egg Proteins

Last year, the Israeli agrifood startup PoLoPo raised $2.3 million, including $1.75 million in a pre-seed funding round to further develop its plant molecular farming technology for producing animal proteins in potatoes. Now, the startup unveils its molecular farming platform, SuperAA, already deployed in potato plants at a greenhouse scale. The initial focus of PoLoPo’s platform will be producing two key proteins: ovalbumin and patatin (the natural protein in potatoes). Ovalbumin, widely used in …

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Umami United

© Umami United

Japanese Government Backs Alt Protein Innovators with Millions for Plant-Based Eggs and Cultivated Meat

The Japanese government has awarded $27.7 million in funding to two alternative protein startups: Umami United, a producer of plant-based eggs, and IntegriCulture, a cultivated meat biotechnology company, to support the nation’s economy and enhance food security. The Small and Medium-sized Enterprises Innovation Promotion Fund Project organized by Japan’s Ministry of Agriculture, Forestry and Fisheries selected the startups. Since 2020, the Ministry of Agriculture has established a plan to diversify protein sources, …

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Animal-free liquid eggs in a bowl

Image courtesy of The EVERY Co.

The EVERY Co. Unveils The EVERY Egg, World’s First Precision Fermentation Liquid Eggs

US biotech company The EVERY Co. has unveiled what it claims is the world’s first liquid egg product created with precision fermentation-derived proteins. Branded as The EVERY Egg, the innovation is said to match the culinary flexibility of eggs, serving as a 1:1 replacer for mixed eggs in any application, including favorite dishes like omelets. The product combines a blend of animal-free ovalbumin and plant-based ingredients (to enhance the flavor and …

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Precision fermentation egg products by Formo

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Formo to Launch “New Class of Products” With Precision Fermentation Eggs

A peer-reviewed study conducted by Formo in partnership with Singapore Management University has found considerable demand for precision fermentation eggs, as the company prepares to launch what it describes as a “new class of products”. Through its existing protein production platform, which is already used to produce precision fermentation dairy proteins, Formo will use bio-designed microbes to make animal-free eggs. Since fermented proteins have a precedent of consumption in the …

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Onego Bio_Bioalbumen whisk

© Onego Bio

Onego Bio’s Animal-Free Egg White Wins Fast Company 2023 World Changing Ideas Award

Fermentation startup Onego Bio announces its development of Bioalbumen™, an animal-free egg white protein, has been selected as a winner in Fast Company’s 2023 World Changing Ideas Awards. Bioalbumen was named the Winner of the Food category and a Finalist in the Agriculture category.  Produced with precision fermentation, Bioalbumen harnesses a scalable biotech process that uses the microorganism Trichoderma reesei. In a method akin to beer production, the microbes are …

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The EVERY Co.

©The Every Co.

The EVERY Co. Opens New State-of-the-Art HQ to Accelerate Global Transition to “Proteins of Tomorrow”

Food tech company The EVERY Co. announces it has moved into a new state-of-the-art headquarters in Daly City, California. Located at the GENESIS Station biotech hub, EVERY says the move will further position the company for growth and leadership as it accelerates the global transition to animal-free protein.  According to EVERY, the new 49,000 sq ft facility is an ideal environment for “creating the proteins of tomorrow” and occupies the …

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microbial protein Formo cheese gratin

© Formo

Food Tech Leaders Launch Food Fermentation Europe to Bring Sustainable Animal-Free Foods to EU Market

A group of leading players in precision fermentation announce they have come together to form Food Fermentation Europe (FFE), a new alliance working to create a more resilient and sustainable food system in Europe. Representing the region’s fermentation food and food ingredient sector, along with its surrounding ecosystem, FFE says it will work with regulators to bring more sustainable animal-free foods to the European market.  FFE’s founding members include Better …

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Nair Flores

©The EVERY Co.

The EVERY Co. Appoints Nair Flores, Formerly of Facebook and UPSIDE Foods, to Lead Its IP Strategy

Food tech company The EVERY Co. announces it has appointed legal veteran Nair Flores as the company’s Senior Vice President, Head of Legal. Flores previously served in “seminal” roles at hypergrowth companies like Facebook, Lyft and Upside Foods. In her new role, Flores will lead EVERY’s IP estate as the company scales global production of its alternative proteins.  According to EVERY, the hiring of Flores comes as the company positions …

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Vegan Egg White

© The Every Co.

9 Global Food Tech Leaders Join Forces to Launch The Precision Fermentation Alliance

Today, nine leaders in precision fermentation announce they are coming together to establish the Precision Fermentation Alliance, a new trade organization to promote precision fermentation as a solution for a more resilient and sustainable food system.  Intended to serve as an industry voice for the precision fermentation industry, the group’s founding members include Change Foods, The EVERY Co., Helaina, Imagindairy, Motif FoodWorks, New Culture, Onego Bio, Perfect Day, and Remilk. …

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