- Headquarters
- Berlin
- Employees
- 51–200
- Founded
- 2019
- Business Model
- B2B
- Website
- formo.bio
- Total Funding
- $111.0M
- Last Round
- $61.0M Series BSep 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Formo (formerly LegenDairy Foods) is a Berlin-based food biotech company using precision fermentation to produce bio-identical casein milk proteins without animals. Founded in 2019, it sells functional dairy protein ingredients to food manufacturers, enabling animal-free cheese and dairy products with authentic texture and taste. The company uses engineered microorganisms as its production platform.
Summary
Formo is a Biotech company based in Berlin, Germany, founded in 2019. It has raised $111.0M in total across 3 rounds, most recently a $61.0M Series B round in Sep 2024. Investors include European Investment Bank, EQT Ventures and Agronomics.
Tech & App Stack
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Funding History
Jan 2025
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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