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San Francisco-based The EVERY Company has received a $2 million award from the US Department of Defense (DoD) to explore establishing a precision fermentation facility in the US.

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Investments & Finance

US DoD Injects Millions into The Every Co. & Other Biotechs, Says the “Next Industrial Revolution Will Be a Biomanufacturing Revolution”

San Francisco-based The Every Company has received a $2 million award from the US Department of Defense (DoD) to explore establishing a precision fermentation facility in the US. With the funding, EVERY will conduct a feasibility study for a manufacturing site for its two main fermentation-derived ingredients: OvoBoost, a highly soluble protein for protein-boosting, and OvoPro (ovalbumin) for egg and egg white replacement in food and beverages. In addition, the …

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Vegan Egg White

© The Every Co.

Fermentation

Making Food with Microbes: Precision Fermentation Market to Reach $34.9 billion by 2031

Growing investments in precision fermentation and the increasing demand and preference for animal-free dairy, meat, and ingredients are contributing to the growth (reported to be at an incredible CAGR of 40.5%) and expansion of this technology into the F&B, cosmetics, and pharmaceutical industries. The reason for the excitement toward this technology is its potential to produce superior-quality proteins at a lower cost compared to animal-based alternatives. It allows the development …

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