European Union Approves Patent for EVERY’s Precision-Fermented Egg White Protein
The EVERY Company (EVERY), a biotech firm specializing in fermentation-based protein ingredients, has been awarded a European Union patent for its recombinant ovalbumin product. This development extends EVERY’s intellectual property (IP) portfolio into a significant new market, complementing its existing patents in the United States, Finland, Germany, Denmark, and Great Britain. The European patent, numbered 4017287, protects an ingredient composition containing recombinant ovalbumin for use in food products. Recombinant ovalbumin, …
Investors Back Cauldron’s Plans for Global Network of Precision Fermentation Facilities to Tune of $6.25M
Precision fermentation company Cauldron Ferm announces it has secured AUD 9.5 million ($6.25M) in a series A round led by Horizons Ventures. SOSV, In-Q-Tel, and previous investor Main Sequence also participated in the round, bringing Cauldron’s total raised funds to $20 million. Precision fermentation is crucial for increasing food production without expanding agricultural land while it addresses sustainability and security issues. The United Nations predicts a 70% increase in food production by 2025 to support the rising …
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 …
Molecular Farming Startup PoLoPo Secures $1.75M to Grow Animal Proteins in Potatoes
Israeli molecular farming startup PoLoPo announces the successful closing of a $1.75 million pre-seed funding round to continue developing its proprietary technology, which uses potatoes as plant biofactories to produce animal proteins. PoLoPo will start by growing the main protein in egg white, ovalbumin, in potato tubers to extract it and develop an egg white alternative for the food industry. According to the startup, its proteins will be identical to ovalbumin …
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 …
Anna Hathaway Invests in The EVERY Co. to Accelerate Chicken-Free Egg Proteins
Food tech startup The EVERY Co. announces actress Anne Hathaway has invested in its animal-free egg platform for an undisclosed amount. The backing marks Hathway’s first B2B investment, and will help drive the company’s momentum as it prepares to expand into a variety of channels. According to EVERY, Hathaway was drawn to impact investing after making lifestyle adjustments to reduce her consumption of meat and single-use plastics. She cites EVERY’s …