Onego Bio logo — We produce Bioalbumen®- non-animal egg protein made from fer...

Onego Bio

We produce Bioalbumen®- non-animal egg protein made from fermentation.

Founded 2022 Finland Finland 62 employees Total: $56.50M Biotechnology, Food and Beverage +1

General Information

Company Name Onego Bio
Founded Year 2022
Location Finland Finland
Employees 62
Industries Biotechnology, Food and Beverage, Manufacturing
Business Model B2B, D2C, B2B2C
Revenue Model Product Sales, Licensing, Service Fee
Social

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About Onego Bio

Onego Bio, founded in 2022, is a Finnish startup operating at the intersection of Biotechnology, Food and Beverage, and Manufacturing industries. The company is pioneering a novel approach to food production through its flagship product, Bioalbumen®. This non-animal egg protein is produced via precision fermentation and mirrors the amino acid structure of natural egg proteins.

The innovation promises a remarkable reduction in environmental impact—approximately 90% less than traditional egg production—without compromising on taste, nutrition, or functionality. Onego Bio positions itself as a solution for food manufacturers seeking to ensure cost and supply stability, given its product's versatility and consistency.

Recently, the company secured a $2.00M grant investment from Newtree Impact, underscoring investor confidence in creating a more resilient food system. As a young company, Onego Bio is poised for growth, leveraging its innovative edge in a rapidly evolving market.

Taxonomy: Sustainable Protein, Precision Fermentation, Food Biotechnology, Animal-Free Products, Non-Animal Egg Protein, Food Ingredient Innovation, Environmental Impact Reduction, Scalable Food Technology, Functional Food Ingredients, Amino Acid Sequence Replication, Resilient Food Systems, Food Industry Supply Stability, Industry Collaboration, Food Technology Innovation, Alternative Protein Startup

Services & Products

Production of Bioalbumen®
Supply of Egg Protein Alternatives
R&D in Protein Fermentation
Sustainable Protein Solutions
Partnerships for Food Innovation

Target Customers

Food Manufacturers Bakers Consumer Food Brands Sustainable Protein Producers Food Industry Innovators

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $2.00M 1
Newtree Impact
01 Sep 2024
Grant €40.00M 7
Tesi, NordicNinja VC +5
01 Apr 2024
Grant €4.50M 1
Business Finland
01 Sep 2022
Spinout €10.00M 2
Agronomics, Maki.vc
01 Feb 2022

Onego Bio Alternatives & Competitors

View All Alternatives
Onego Bio vs
The EVERY Company
The EVERY Company United States

Accelerating The World’s Transition To Animal-Free Protein. 🥚🚀

Venture round
142 employees
Biotechnology, Food and Beverage
Onego Bio vs

We're on a mission to make milk, without cows.

Seed
5 employees
Biotechnology, Food and Beverage
Onego Bio vs
ENOUGH
ENOUGH United Kingdom

Making More with Less

Series C
74 employees
Biotechnology, Food and Beverage

FAQ About Onego Bio

We produce Bioalbumen®- non-animal egg protein made from fermentation.
Onego Bio was founded in 2022.
Onego Bio is headquartered in Finland.
Onego Bio operates in Biotechnology, Food and Beverage and Manufacturing. Its work centres on Sustainable Protein, Precision Fermentation, Food Biotechnology and Animal-Free Products. Its customers include Food Manufacturers, Bakers and Consumer Food Brands.
Onego Bio has a B2B, D2C and B2B2C business model. Its revenue comes from Product Sales, Licensing and Service Fee.
Onego Bio has approximately 62 employees.
Onego Bio has completed 4 funding rounds, raising a total of $56.50M.
Onego Bio offers: Production of Bioalbumen®, Supply of Egg Protein Alternatives, R&D in Protein Fermentation, Sustainable Protein Solutions, Partnerships for Food Innovation.
Top alternatives and competitors to Onego Bio include The EVERY Company, Future Cow Technologies, ENOUGH, Planet A Foods, The Better Meat Co.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Onego Bio and The EVERY Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Onego Bio, https://bouncewatch.com/company/onego-bio, updated 23 July 2026. When citing, please name BounceWatch and link this page.

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