Onego Bio Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 54

Employees

  • Latest Deal Type
  • Series B1
  • (In Progress)

  • Latest Deal Amount
  • $22M

  • Investors
  • 16

Onego Bio General Information

Description

Producer of a food ingredient intended to produce non-animal egg protein through precision fermentation. The company offers fermentation-based protein with identical amino acid composition and functional properties to egg protein, enabling food manufacturers to use stable and consistent ingredients across a range of food applications.

Contact Information

Website
www.onego.bio
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Hämeentie 157
  • 00560 Helsinki
  • Finland
Primary Industry
Food Products
Other Industries
Other Agriculture
Other Commercial Products
Vertical(s)
FoodTech, Climate Tech, Life Sciences
Corporate Office
  • Hämeentie 157
  • 00560 Helsinki
  • Finland

Onego Bio Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Onego Bio Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Early Stage VC (Series B1) $22M In Progress Generating Revenue
14. Grant 03-Oct-2025 Completed Generating Revenue
13. Grant 23-Oct-2024 Completed Product Development
12. Early Stage VC (Series A1) 18-Jul-2024 Completed Generating Revenue
11. Accelerator/Incubator 24-Jun-2024 Completed Product Development
10. Accelerator/Incubator Completed Generating Revenue
9. Grant 27-Mar-2024 Completed Product Development
8. Early Stage VC (Series A) 27-Mar-2024 Completed Generating Revenue
7. Grant 13-Mar-2024 $2.71M $18.3M Completed Generating Revenue
6. Grant 19-May-2023 $440K $18.3M Completed Product Development
To view Onego Bio’s complete valuation and funding history, request access »

Onego Bio Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series B
Series A Common Shares 155,089 $21.87 $21.87 1x $21.87 7.3%
S Shares 650,888 $21.87 $21.87 1x $21.87 30.64%
To view Onego Bio’s complete cap table history, request access »

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Onego Bio Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Producer of a food ingredient intended to produce non-animal egg protein through precision fermentation. The company off
Food Products
Helsinki, Finland
54 As of 2026

Emeryville, CA
 

Redwood City, CA
 
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Onego Bio Competitors (10)

One of Onego Bio’s 10 competitors is Just Food Company, a Venture Capital-Backed company based in Emeryville, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Just Food Company Venture Capital-Backed Emeryville, CA
Impossible Foods Venture Capital-Backed Redwood City, CA
Aleph Farms Venture Capital-Backed Rehovot, Israel
Float Foods Venture Capital-Backed Singapore, Singapore
Gardein Protein International Formerly PE-Backed Richmond, Canada
You’re viewing 5 of 10 competitors. Get the full list »

Onego Bio Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Onego Bio Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
Happiness Capital Corporate Venture Capital Minority
Newtree Impact Venture Capital Minority
BB Global Investing Holding Corporation Minority
EIT Food Accelerator/Incubator Minority
Holdix Corporation Minority
You’re viewing 5 of 16 investors. Get the full list »

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Onego Bio FAQs

  • When was Onego Bio founded?

    Onego Bio was founded in 2022.

  • Where is Onego Bio headquartered?

    Onego Bio is headquartered in Helsinki, Finland.

  • What is the size of Onego Bio?

    Onego Bio has 54 total employees.

  • What industry is Onego Bio in?

    Onego Bio’s primary industry is Food Products.

  • Is Onego Bio a private or public company?

    Onego Bio is a Private company.

  • What is Onego Bio’s current revenue?

    The current revenue for Onego Bio is .

  • How much funding has Onego Bio raised over time?

    Onego Bio has raised $65.8M.

  • Who are Onego Bio’s investors?

    Happiness Capital, Newtree Impact, BB Global Investing Holding, EIT Food, and Holdix are 5 of 16 investors who have invested in Onego Bio.

  • Who are Onego Bio’s competitors?

    Just Food Company, Impossible Foods, Aleph Farms, Float Foods, and Gardein Protein International are some of the 10 competitors of Onego Bio.

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