Onego Bio

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

We’re delighted to be featured in the San Diego Business Journal about the opening of our new San Diego office!✨ Our 4,500-square-foot space in Sorrento Valley serves as our commercial headquarters, complete with state-of-the-art test kitchen and quality labs. The facility is also a resource for our food manufacturing partners, showcasing the application and versatility of Bioalbumen® in a variety of delicious food and beverages. San Diego’s thriving biotech ecosystem, strong culture of innovation, and access to top-tier talent made it an ideal location for our U.S. office. Our Head of Product Development, Halle Redfearn has been setting up the food lab, and as she shares below, the city’s commitment to sustainability and forward-thinking technology also aligns perfectly with our vision for a more resilient and sustainable food system. A big thank you to Karen Pearlman for interviewing Maija, Tom and Halle, and shining a light on this exciting milestone. Read more about what’s been happening for us in San Diego: https://lnkd.in/euduBcaW #precisionfermentation #Bioalbumen #foodtech #SanDiego

Great insights from McKinsey & Company's study: majority of consumers (61% !!) are open to trying novel ingredients like animal-free egg protein and more than half are willing to pay more for these products. ✨ What drives this motivation? Consumers prioritize food ingredients that are healthier, taste as good or better, and are more sustainable than traditional foods. 🍽️ The survey results also show that nearly half of the respondents would try products made with animal-free eggs for snacks on-the-go snack (48 %), lunch (46 %), and breakfast (47 %). 🍳 In addition, more than half of consumers are even willing to pay more for novel ingredients, and over a fifth are willing to pay four times as much for products made with them. The product category plays a crucial role, with beverages, snacks, and burgers being the most appealing. 🍫 These results show that people are eager for food ingredients that not only meet their nutritional needs but also promote health and have a positive environmental impact. 💚 As there is a pressing need to find more sustainable solutions for the growing demand for food, this study is fantastic news. 🌟 Check out the full study: https://lnkd.in/dhkv8tM7 #sustainable #foodingredient #Bioalbumen #Onego #precisionfermentation #proteinfromfermentation

We are excited to welcome Tom Ferguson to the Onego Bio team as our new Chief Financial Officer! 🌟 "I’ve been consulting for Onego for 9 months now and am still just so impressed with this company. We have a strong and experienced team, a meaningful product with high demand and utility, great investors, and an ambitious scale-up strategy." Tom has extensive experience from his time at Rabobank, where he held global leadership roles in financial products, lending, strategy, innovation, sustainability, and business development. Most recently, he was heading the client desk of the Rabo Carbon Bank, focusing on making markets in carbon credits across the food value chain. With his background, Tom is well-fitted to join our mission of driving change in the food industry, and we are thrilled to have him on board. Welcome to the team! 🥚🙌

Onego is hiring! We are looking for a Senior Scientist in Molecular Biology & Strain Engineering to join our team in Helsinki, Finland! 🔬🧑🔬🇫🇮 Working at Onego, you'll be at the forefront of delivering sustainable, animal-free egg protein ingredients to the world. As a Senior Scientist, you will lead innovative projects focusing on microbial protein production, developing and refining of production strains, and advancing screening techniques and expression platforms. You will also oversee project teams and collaborate with cross-functional teams to improve strains and optimise our production processes. If you're passionate about driving change towards a more sustainable food system, enjoy collaborating with top experts, and want to work in a dynamic, innovative environment, this opportunity is for you. 🤝 Check out the full job description here: https://lnkd.in/dBNRirmg Send your CV and application letter as soon as possible, but at the latest by September 30, 2024. We will process applications as they come in and fill the position as soon as we find the right candidate.

Protein entering a new phase of innovation 💫 As climate change and animal-borne diseases, like bird-flu, are threatening global food security, it's necessary to find ways to satisfy the hunger for proteins. "Eggs are one of the world’s most used animal proteins. As an ingredient, they assist with binding, thickening, leavening, emulsifying, and more; however, the current egg production system is not sustainable" - Maija Itkonen, CEO of Onego Bio. Luckily, there's an alternative with precision fermentation. 🥚🌱 With this technology, we produce bio-identical egg white protein to create the foods we know and love, with a 90% lower environmental impact and promoting a more stable supply chain. #PrecisionFermentation holds immense potential for creating sustainable, high-quality protein ingredients. By optimizing microbial fermentation processes, it's possible to produce tailored proteins with specific functional and nutritional attributes. Precision fermentation has the power to revolutionize both plant- and animal-derived protein production, and in that regard, the future looks promising. Read the Food Business News article here: https://lnkd.in/eDyz532C #Bioalbumen® #sustainable #foodingredients