Maija Itkonen, Co-founder & CEO, Onego Bio | Slush 2025
summary
Onego Bio makes identical egg protein via precision fermentation using a secreting fungus, claiming precision fermentation yields a plug‑in replacement with 90% lower environmental footprint. Process efficiency improves 100× in three years, a 62,000‑liter demo run was completed with contract manufacturers, and a Wisconsin site is reserved for the first plant. FDA issues a no‑questions letter, and funding totals $40M equity plus $20M non‑dilutive support.
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