# Onego Bio closes a $40M Series A led by NordicNinja for animal-free egg protein

Canonical page: https://technooptimist.io/stories/onego-bio-closes-a-40m-series-a-led-by-nordicninja-for-animal-free-egg-15329d54
Date: 3 Apr 2024
About: [Onego Bio](https://technooptimist.io/companies/onego-bio.md) · [Bioalbumen](https://technooptimist.io/agriculture/bioalbumen.md)
Original source: https://globalaginvesting.com/onego-bio-closes-40m-series-a-for-animal-free-egg-protein/

Onego Bio raised $40 million, including $10 million of non-dilutive funding from Business Finland, bringing its total to $56 million. The money backs a push into North America, scaling to industrial production and a first manufacturing unit with 2 million litres of fermentation capacity.

## Key facts

- New investors Tesi and EIT Food joined Agronomics, Maki.vc, Holdix and Turret
- Founded in 2022 as a spin-off of VTT, by Maija Itkonen (CEO) and Christopher Landowski (CTO)

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