Larry Feinberg, CEO and founder of single-cell protein producer KnipBio, is stepping down.

“This decision comes as a natural progression in our journey, and I am filled with optimism for what lies ahead,” Feinberg said on LinkedIn.

“Looking back, I am incredibly proud of the milestones we have achieved together, building something pretty awesome, with some incredibly talented individuals. From groundbreaking technical achievements to securing critical regulatory approvals, our journey has been nothing short of remarkable. We have had the privilege of collaborating with brilliant scientists, visionary business leaders, dedicated investors, and met many other inspiring entrepreneurs along the way,” Feinberg said.

Caitlin Wege, who recently joined the company, is the new CEO.