Formo

The Future of Dairy

Berlin, Germany · Founded 2019 · $111.0M raised

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

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

6 technologies & apps tracked

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Funding History

Debt FinancingDebt FinancingJan 2025
$36.0M

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Investors

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