LONDON, September 30 2024 – The EVERY Company (“EVERY”), a portfolio company of the McWin Food Ecosystem Fund I and McWin Food Tech Fund I, has been issued a major foundational patent for their innovative work on recombinant ovalbumin – the primary protein found in egg whites. The patent covers a broad range of products from baked goods and ice cream to complex culinary applications like whipped cream, meringues and more – representing a huge milestone in strengthening their intellectual property portfolio.
“Ovalbumin is the protein behind EVERY’s egg white replacement as a B2B ingredient in dozens of the toughest applications and is also the sole protein powering the EVERY Egg which debuted at 3-Michelin star restaurant Eleven Madison Park last year in applications ranging from pisco sours to coddled egg vinaigrettes to chawanmushi and the iconic omelette.”
Arturo Elizondo
CEO of EVERY
McWin Capital Partners are delighted to have contributed towards EVERY reaching this milestone.
“The recombinant ovalbumin patent, along with recent collaborations with major players such as Unilever and Grupo Nutresa, solidifies EVERY’s commitment to transforming the food ecosystem and establishes them as a leading force in protein innovation for mass-market applications within the food technology sector.”
Martin Davalos
Partner and Head of Food Technology at McWin Capital Partners
About EVERY™
EVERY™ is a San-Francisco-based food technology company on a mission to build a more secure and accessible global food system by supplying food and beverage companies with nature-equivalent protein ingredients made using precision fermentation.
EVERY’s line of innovative, FDA-approved ingredients includes EVERY EggWhite™ which replaces the functionality of egg and egg whites in a range of applications and EVERY Protein™, a highly soluble, invisible protein that can be used to enhance a wide variety of food and beverage products including coffees, juices, sodas, syrups, and baked goods.
About McWin Capital Partners
McWin is a specialist private equity and venture capital firm dedicated to the food ecosystem. McWin Capital Partners and affiliates have assets under advisory of over €1b investing in the global foodservice and food technology sectors at growth and mature stages. McWin Capital Partners advised foodservice investments include Gail’s, Sticks’n’Sushi and White Rabbit in the UK, Big Mamma in France, L’Osteria in Germany and several other restaurant groups across Europe. McWin Capital Partners advised food technology investments include alternative protein companies The EVERY Company and Clever Carnivore, ready-to-eat subscription company Cook Unity, sustainable packaging company Footprint, vertical farming company, Oishii and last-mile food delivery company, Catcher. The majority of the senior team, including the two founding partners of McWin Capital Partners, are veterans of the food industry.
McWin Capital Partners is the trading name for McWin Advisers UK Limited. McWin Advisers UK Limited is an appointed representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 648953).
Important Notice
The Fund mentioned within is only available to Professional Investors and Retail Investors may not rely on the information within. This is not an offer to sell, or an invitation for an offer to acquire, an interest in the Fund, nor is it an invitation to apply to participate in the Fund. This is not an offering or placement of interests in the Fund in any jurisdiction and should not be construed as such. No information in this document will form the basis of any contract.
McWin Capital Partners is a trading name of McWin Advisors UK Limited. McWin Advisors UK Limited is an appointed representative of G10 Capital Limited which is authorised and regulated by the Financial Conduct Authority.