Tech Company Financing Transactions
Onego Bio Funding Round
Onego Bio, operating out of Espoo, secured $15 million in investment from European Innovation Council Fund.
Transaction Overview
Company Name
Announced On
7/18/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The newly gained EIC funding will fuel the company's go-to-market plan in the EU, including securing regulatory approval from the European Food Safety Authority (EFSA).
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Tekniikantie 2
Espoo, 02150
Finland
Espoo, 02150
Finland
Phone
Undisclosed
Website
Email Address
Overview
Sometimes the keys to a better future are right in front of our eyes, but it takes time to see them. Cellular agriculture can provide the same beloved food ingredient proteins that we use every day, but decoupled from the animal agriculture system. This will have significant benefits from environmental, ethical and safety viewpoints.We have developed a way to produce egg white without chickens. With our efficient technology, our company will cater to the needs of the food industry and consumers searching for animal-free solutions.
Management Team
Title
Name
Email & Social
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