Agronomics Limited Announces Onego Bio Raises EUR37 Million.

Agronomics' portfolio company, Onego Bio, has successfully raised €37m ($39m) in Series A financing, led by NordicNinja VC. The funds will be used to commercialise egg proteins via precision fermentation, addressing supply chain disruptions and animal welfare concerns in the egg industry. Onego Bio aims to revolutionise the $136.2bn egg protein market with plans for market entry in North America, followed by expansion into Europe, South America, and Asia.

April 02, 2024
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