Onego Bio produces animal-free egg white protein through precision fermentation, aiming to provide sustainable protein solutions for the food industry.

Onego Bio

Formo is a FoodTech company focused on developing animal-free dairy products using real, nature-identical milk proteins derived from precision fermentation. The company aims to create a more sustainable and ethical food system through hedonistic, high-tech products.

Formo Bio

Perfect Day, Inc. is a food technology startup company based in Berkeley, California, that has developed processes for creating dairy proteins, including casein and whey, through fermentation in microbiota, specifically from fungi in bioreactors, instead of extraction from bovine milk. The company is focused on providing sustainable and animal-free dairy products.

Perfect Day, Inc.

Remilk crafts real dairy using microbial fermentation without harming any cows. Self-described as a producer of healthy and clean dairy, it aims to offer a sustainable alternative to traditional dairy.

Remilk

Onego Bio | 9,924 followers on LinkedIn. Onego Bio is a game changer food-biotech company producing animal-free egg protein with precision fermentation. | 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 efficient and scalable technology caters to the needs of the food industry searching for stable, sustainable functional ingredients.

Bioscience, IPR, technology transfer and science communication professional

Maarit Jokela

Partner at Maki.vc

Paavo Räisänen

Investor at NordicNinja

Claes Mikko Nilsen

Investing in the field of cellular agriculture

Anthony Chow, CFA

Onego is hiring! We are looking for a Protein Scientist to join our Helsinki team. 🇫🇮 Working at Onego, you'll be at the forefront of delivering sustainable, animal-free egg proteins that cater to the food industry's need for functional, supply- and cost-stable ingredients. To achieve this goal, our R&D team is creating microbial production systems for expressing egg white proteins using filamentous fungi. If you're passionate about driving change towards a more sustainable food system, this opportunity is for you! Check out the full job description below and apply as soon as possible but at the latest by 30th November 2024 23:59 (Europe/Helsinki). We will process applications as they come in and fill the position as soon as we find the right candidate. Follow this link to apply: https://lnkd.in/dgZrKJMW We look forward to hearing from you! #OnegoBio #Bioalbumen ® #sustainable #foodingredients #hiring

An insightful start to the day yesterday. ☕️ Our Head of Brand and Communications, Laura Eriksson (née Toppinen) , joined Maki.vc 's breakfast with the CMO of Oddlygood, Nina Gillsvik , talking about topics such as ESG principles, greenwashing, and building impactful brands. It was great to see so many joined this event – thank you Maki.vc for hosting! #OnegoBio #Bioalbumen ®

Only few spots left at our breakfast next Tuesday! ☕ With startups striving for A-rounds and stock listings, incorporating ESG into your brand narrative has become a key differentiator. Companies like Patagonia have shown that a strong ESG focus can propel brands to leadership positions. Is ESG the new secret to brand success? How are the most forward-thinking companies crafting their stories? We’re excited to announce a lineup update — Laura Eriksson (née Toppinen) from Onego Bio will be joining us! With over $70 million in funding and a recent office opening in San Diego, Onego Bio is at the forefront of building a brand driven by sustainable protein production. Laura will be joined by Nina Gillsvik , CMO of Oddlygood , for an honest discussion you won’t want to miss! 🔗 Sign up now: https://lnkd.in/grKNE-Np

Maki.vc

Onego Bio is proud to receive Co-innovation funding from Business Finland as part of the international FoodID project! The project is part of the Global Centers research program, led by the U.S. National Science Foundation (NSF) and operated jointly by six countries, with the aim of developing solutions that support a climate-neutral future and solving global challenges, especially through bioeconomy. The project develops new sustainable processes based on the production of alternative proteins and lipids from plants and fermentation. Onego's highly scalable technology to produce egg white protein without chickens using precise fermentation meets the growing needs of the food industry with a 90% smaller environmental footprint compared to conventional egg production. In this project, in collaboration with VTT we investigate the processing and utilization of alternative feedstocks such as food industry side streams in our fermentation process. The use of side streams and alternative plant biomass as feedstock has the potential to further improve sustainability of the production of alternative proteins and to increase the circularity and efficiency in the food system. The three-year project is implemented as a collaboration between the United States and Finland coordinated by the University of Nebraska-Lincoln. Other organizations involved in this project are the University of Helsinki, VTT , Valio , Fazer , MeEat Food Tech Oy , and Enifer . Read the news here (in Finnish): https://lnkd.in/daEGzZgT VTT article (in English): https://lnkd.in/dZPWXzUp #Bioalbumen ® #sustainable #foodingredient

We opened our doors in sunny San Diego 🌴 We were thrilled to celebrate the opening of our San Diego office – a significant step forward in our mission of providing the food industry the perfect protein. The evening featured great music, a lot of good conversations, and a vibrant atmosphere that made the night truly memorable. Our new office serves as our commercial headquarters, complete with cutting-edge test kitchen and quality labs. The facility is also a valuable resource for our food manufacturing partners, demonstrating the application and versatility of Bioalbumen® in a variety of delicious food and beverages. 🥚 We look forward to the exciting next steps for our company, and are grateful to our team and partners for helping us reach this milestone. Cheers! Read more from our interview with San Diego Business Journal https://lnkd.in/euduBcaW or from the press release here: https://lnkd.in/dy-fAgrj #OnegoBio #Bioalbumen ® #SanDiego

Thank you, Pascual Innoventures , for organizing the Mylkcubator - More than Mylk event last week! We were thrilled to participate along with other great companies, such as Nosh.bio , Innomy , CULTZYME , and California Cultured Inc. Mylkcubator is a program launched by Pascual Innoventures that aims to support highly innovative startups specializing in transforming the food value chain. In this new edition, their focus has expanded beyond dairy products to encompass a broader range of research, including cellular agriculture for alternative food production. Carla Lopes Graça and Emma Penttinen were thrilled to attend the event and showcase Bioalbumen® and all the tasty food applications made with it: delicious almendrados, a silky flan, a delightful sponge cake, and the smoothest mayo. Bioalbumen® offers a reliable, cost-stable alternative to traditional egg proteins, delivering the same taste, functionality, and performance without the price volatility associated with animal-derived ingredients. With Bioalbumen®, food formulations are free from supply chain disruptions and more sustainable with a 90% lower environmental impact. #Bioalbumen ® #sustainable #foodingredients Pascual You can read more here: https://lnkd.in/drMe5byJ

We are grateful to Newtree Impact for their support and are thrilled to welcome them as part of our investor family. 💚 Newtree Impact joined recently our Series A funding round to drive commercialization and manufacturing of egg protein via precision fermentation. Thank you Benoît DE BRUYN , Nathalie Peeters , and Aymeric Stulemeyer . #Bioalbumen ® #sustainable #foodingredients

Excitement is building for Innovation Day at Petco Park in San Diego! We’re looking forward to connecting with entrepreneurs, innovators, and industry leaders from the local tech and life sciences community while sharing ideas on the future of sustainable innovation. The event couldn’t come at a more perfect time, as we will be celebrating the grand opening of our new Sorrento Valley office the next day. Drop by our booth (134) tomorrow to meet our team and see how our work in San Diego is helping to build a more sustainable food system. 🌎✨ #InnovationDay2024 #SustainableInnovation #SanDiego Connect

Would you like a slice of heaven? 🍰 Eggs are a cornerstone ingredient for great baked goods, and Bioalbumen® provides the food industry with a fully functional egg protein with perfect protein quality and a delicious neutral flavor. Bioalbumen® has consistently delivered outstanding baking results, ensuring that every creation meets the highest standards. The flawless binding and foaming properties it provides in baking result in a light and airy texture, making every bite an absolute delight. ✨ #Bioalbumen ® #sustainable #foodingredients

We are honored to share that Onego Bio has been awarded $2 million in funding from the United States Department of Defense’s (DoD’s) Distributed Bioindustrial Manufacturing Program (DBIMP). The funding from this program supports the advancement of biomanufacturing infrastructure across the United States, strengthening the domestic supply of key materials and ingredients. The DBIMP funding program stems from the White House's 2022 Executive Order 14081, "Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe, and Secure American Bioeconomy," which seeks to strengthen the United States' leadership in biomanufacturing by fostering innovation, improving supply chain resilience, and supporting economic growth. Read more from the DoD's press release: https://lnkd.in/eZMnuTDV #biomanufacturing #precisionfermentation

Metric
Company Name	Onego Bio	Formo Bio	Perfect Day, Inc.	Remilk
Symbol
MSH ID	BIO:ONEGO	BIO:FORMO	COM:PERFECTDAY	COM:REMILK
Market	PRIVATE	PRIVATE	PRIVATE	PRIVATE
Sector	Consumer Goods	Cellular Agriculture	Consumer Goods	Consumer Goods
Industry	Food Production	Biotechnology, Food	Biotechnology	Food & Beverage
Country	US	DE	US	IS
Stage
Employee Count	32	100	334	101
Website	onego.bio	formo.bio	perfectday.com	remilk.com
LinkedIn	onego-bio	eat-formo	perfectday
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Market Cap	55.31M
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Monthly Web Traffic	3.17K	3.85K
Web Traffic Growth	-0.28	-0.54
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14-Day Growth Score	93.06
28-Day Growth Score	59.31
90-Day Growth Score	13.98
365-Day Growth Score	23.78

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BIO:ONEGO

Onego Bio

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