Yo! Egg Overview
Yo! Egg is developing a plant-based egg substitute designed for consumers who wish to enjoy a sunny-side-up egg without harming animals or the planet or having to compromise on appearance, flavor, texture, or nutritional value. The company's egg substitute can be incorporated into a wide variety of dishes across multiple cuisines and styles. In addition, the plant-based product is free of both cholesterol and egg-associated pathogens, such as salmonella.
Cumulative Funding Raised Over Time ($)
Latest News
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Israeli Startup Yo! Egg is Bringing its Plant-Based Eggs to the US
Israeli food tech startup Yo! Egg plans to launch its plant-based poached and sunny-side-up eggs in US restaurants later this year. The company recently raised $5 million in a seed funding round led by Stray Dog Capital and NFX. Yo! Egg aims to disrupt the conventional egg industry and eliminate the need for chicken farming. The companys product, which mimics the taste and texture of chicken eggs, contains only one gram of protein per serving. Yo! Egg is pioneering sustainable egg production and offers a more animal-friendly, sustainable, and cholesterol-free option for consumers. The global egg market is expected to reach $297.47 billion by 2025, while the plant-based egg sector is projected to reach $791.356 million by 2027. Yo! Egg is targeting long-term growth in the plant-based egg market.
InvestmentExpand
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Yo! Egg cracks into US restaurants with plant-based sunny-side-up, poached eggs
Yo! Egg, an Israel-based company, is set to launch its plant-based sunny-side-up and poached eggs in U.S. restaurants. The global plant-based eggs market is expected to grow by 27% annually and reach nearly $800 million in value by 2027. Yo! Egg aims to provide a sustainable and cholesterol-free alternative to traditional eggs. The company has already entered the market in Israel and plans to expand to major tech companies, hotels, and other food service operations. With $5 million in seed funding, Yo! Egg will showcase its products at a trade show in Chicago and expects to have its products on menus in the Los Angeles area by the end of the year. The company plans to scale its production and become the worlds largest egg company without using chickens.
CustomersExpand
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Why NFX Invested in Yo! Egg: The Food-Tech Startup Reinventing Plant-Based Eggs
Yo! Egg, a company that aims to launch the first plant-based sunny side up and poached eggs, has raised $5 million in a seed round. The companys plant-based eggs offer a great taste and are more environmentally friendly compared to traditional eggs. Yo! Egg follows a proven business model in the alternative protein industry, launching in national chains to reach a wide consumer base. The global egg market is estimated to be over $230 billion annually, and Yo! Egg has the opportunity to become a category-winning company in this untapped market. The founding team of Yo! Egg has extensive experience in the food and agricultural tech industry. The company has already launched in Israel and plans to expand to the U.S.
CustomersPartners
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Interview with Eran Groner, Co-founder and CEO at Yo!Egg - Food Entrepreneurs
Yo!Egg is an Israeli startup that aims to become the worlds largest sustainable and ethical egg producer by developing a proprietary egg production technology using plants. The company plans to offer plant-based eggs that provide the same nutritional value, texture, functionality, and experience as traditional eggs without cholesterol or saturated fat. Yo!Egg will first be available in Israels food service by the end of 2021 and later in retail. The article highlights the CEOs background in ag-food tech and his focus on finding more sustainable and humane ways to produce food. The company will participate in the virtual event Future Food Tech London.
Customers
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Israeli Startup YO-Egg Creates Sunny-Side-Up Vegan Egg Sans Chickens
YO-Egg, an Israel-based company, has developed a plant-based alternative egg substitute that claims to offer the same nutrition as traditional eggs. The substitute consists of two components - a liquid blend for the white part and a molecular process for the yolk. It can be incorporated into various dishes and is free of egg-associated pathogens and cholesterol. YO-Egg plans to make its product available in institutional markets, cafes, restaurants, and hotels in Israel, with plans to expand in Europe. The global traditional egg market, worth US$227 billion, is being disrupted by companies like YO-Egg that are offering vegan alternatives. Other companies in this space include Eat Just, Evo Foods, Float Foods, and Les Merveilloeufs.
CustomersExpand
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $5M |
| Last funding | $5M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 7 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.yo-egg.com |
Locations
Pardes Hanna-Karkur, Israel
Photos & Videos
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