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Animal-free egg protein startup Onego Bio is closer to cracking the egg market
Onego Bio claims Bioalbumen is “bioidentical” to ovalbumin, which is the major protein in chicken egg white.
One place seeing a flurry of activity is Onego Bio, a Finland-based food-biotech company, which uses the fungus Trichoderma reesei and precision fermentation to create an animal-free egg white alternative called Bioalbumen. Maija Itkonen, co-founder and CEO of Onego Bio (pronounced on-eh-go), spun off the company with precision fermentation expert Christopher Landowski from VTT (Technical Research Center of Finland) in 2022. The round also includes a $10 million non-dilutive funding from Business Finland, a public organization under the Finnish Government that supports innovation to accelerate systemic change to help solve major global challenges.
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