Onego Bio

BiotechnologySeries AHelsinki, Finlandonego.bio

Latest round

Series A

Last raised

Mar 2024

Total raised

$40M

Investors

7

About Onego Bio

Based in Helsinki, Finland, and founded in 2022, Onego Bio Ltd operates as a biotechnology company. The company was formed as a spin-off from Finland's VTT Technical Research Centre, when its CEO, Maija Itkonen, and CTO, Christopher Landowski, acquired a technology license from VTT. Onego Bio develops and produces animal-free egg white protein (bioalbumen) by using precision fermentation, cellular agriculture, and a bioreactor. The company plans to distribute its product as a culinary ingredient to bakeries and confectioneries, as well as a protein supplement to fitness product manufacturers. Later, the company intends to enter the consumer market with its own line of baking and cooking products.

Who invested in Onego Bio

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 31, 2024

    Amount

    $29M

    Investors

    Locked

  2. Seed

    Feb 22, 2022

    Amount

    $11M

    Investors

    Locked

Questions about Onego Bio

Who invested in Onego Bio?

Onego Bio has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Onego Bio raised?

Onego Bio has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Onego Bio last raise money?

Onego Bio's most recent round on record is a Series A, in Mar 2024.

What does Onego Bio do?

Based in Helsinki, Finland, and founded in 2022, Onego Bio Ltd operates as a biotechnology company.

Where is Onego Bio headquartered?

Onego Bio is headquartered in Helsinki, Finland.

Which VCs invest in companies like Onego Bio?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biotechnology companies at Onego Bio's stage. Their profiles are linked below.

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