Exclusive: Onego Bio nets $15.2m to advance animal-free egg protein production
The new funding is from the European Innovation Council (EIC) Accelerator program and additional series A investors.
The new funding is from the European Innovation Council (EIC) Accelerator program and additional series A investors.
The zero-cholesterol, low-saturated fat eggs are made from a base of soy and chickpea protein plus sunflower oil, with ‘runny’ yolks sealed from the whites by an alginate film.
The binder will be available in the US in 2024 as part of a multi-year agreement between Plantible and ICL.
What is Eat Just? A foodtech pioneer attempting to disrupt not one, but two huge addressable markets, or a “house of cards built on one individual’s ability to separate people from their money?”
Plantible Foods—a startup extracting a highly functional protein from the aquatic plant lemna—has opened a 140-acre lemna farm in Texas and launched its first product: a plant-based egg replacer it claims can “outperform eggs.”
Alternative protein technologies like casein and whole-cut “meats” are the first investments from PeakBridge and Edmond de Rothschild Private Equity’s fund.
Alt meat, seafood, dairy, and egg companies can use the reporting frameworks to standardize their ESG impact for investors and consumers.
Cultivated meat and other “future foods” startups raised a total of $127 million in China during 2020.