Eggless

Eggless is a Chilean food technology company specializing in the creation of plant-based alternatives to traditional animal-based products. The firm primarily targets health-conscious consumers, individuals with dietary restrictions such as egg intolerance, and those following a vegan lifestyle. Its business model centers on the in-house development, production, and distribution of these food items, generating revenue through sales in major retail chains and specialized stores.

The company was founded by Felipe Ventura and Hernán Vicuña, with initial experiments starting as early as 2011. The inspiration for Eggless originated from a personal place for founder Felipe Ventura, whose younger sister has an egg intolerance. This personal connection, combined with his university thesis research on the high mayonnaise consumption in Chile, sparked the idea to create a vegetable-based alternative. Matías Muchnick, who would later found the food-tech unicorn NotCo, was also an early founder of Eggless before selling his stake. The venture first entered the market in 2013 and received initial support from Corfo, a Chilean government agency.

Eggless's flagship product is a line of egg-free mayonnaise, which established the company as a pioneer in Latin America for this category. The mayonnaise is notable for being free from cholesterol and gluten, created using a vegetable protein base. The company's product line has since expanded to include alternatives for ketchup and milk. A significant development was the creation of AlgaEgg, a plant-based egg substitute formulated to be fat-free, cholesterol-free, and higher in protein than a conventional egg, utilizing a Chilean algae to boost its nutritional profile. The company distributes its products through major supermarket chains in Chile, such as Cencosud and Walmart, and has expanded its reach internationally to markets including Peru, Uruguay, and the United States via Amazon and physical supermarkets.

Keywords: plant-based food, food technology, vegan products, egg alternatives, mayonnaise substitute, sustainable food, cholesterol-free, gluten-free, healthy food, food manufacturing, retail food products, CPG, AlgaEgg, Latin American startup, Chilean food company, Felipe Ventura, plant-based condiments, food innovation, allergen-free food, vegan mayonnaise