Committed Investment: September 2026

Status: Active Portfolio Company

Ovation Foods (Waterloo) is a food technology company putting the nutrition of a whole egg into everyday protein snacks. Founded in 2019, Ovation developed a proprietary process that extracts all the nutritional value from a raw egg and creates shelf-stable beads. These beads can be introduced as an ingredient into meat or dough products to enhance nutritional value. In addition to this B2B ingredient application, the company has launched its own product brand built on its technology, which currently includes jerky, beef sticks, and a nutrition bar. With new snacks and partnerships on the way, Ovation is building its brand and its manufacturing footprint in Wisconsin.

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