EVERY Company Secures $55 Million to Scale Production of Animal-Free Egg Proteins
The EVERY Company has secured $55 million in a Series D funding round. This funding will support the company’s expansion into the US market as it scales up its production of precision-fermented egg proteins. The round was led by McWin Capital Partners, with participation from a range of investors including Main Sequence, Bloom8, and Minerva Foods. EVERY’s fermentation-based technology has gained significant attention as an alternative to traditional egg proteins. …
Abu Dhabi Investment Office Partners With The EVERY Company and Vivici to Establish Protein Fermentation Facility
The Abu Dhabi Investment Office (ADIO) has partnered with sustainable protein producers The EVERY Company and Vivici to establish a protein fermentation facility in the city. The four-million-litre industrial-scale site will reportedly meet the highest standards of food safety and Halal certification. It will be designed to be multi-tenanted, allowing for the participation of other fermented protein companies. Furthermore, the facility will support the creation of a regulatory framework for …
US DoD Injects Millions into The Every Co. & Other Biotechs, Says the “Next Industrial Revolution Will Be a Biomanufacturing Revolution”
San Francisco-based The Every Company has received a $2 million award from the US Department of Defense (DoD) to explore establishing a precision fermentation facility in the US. With the funding, EVERY will conduct a feasibility study for a manufacturing site for its two main fermentation-derived ingredients: OvoBoost, a highly soluble protein for protein-boosting, and OvoPro (ovalbumin) for egg and egg white replacement in food and beverages. In addition, the …
Leading Startups Gather at “Taste the Future” to Showcase the Best in Alt-Protein
On March 24th, over 100 guests from journalism, finance and the alt-protein industry gathered at the Four Seasons in Beverly Hills for Taste the Future: an exclusive culinary experience showcasing some of the best innovations in animal-free protein. Organized by SOSV and Apeiron Investment Group, the event featured host appearances by Paul Wesley, Liam Payne and The Good Food Institute. Eight food companies – Abbot’s Butcher, Grounded, Perfect Day, The …