# Fermify

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fermify

- Industry: Biotechnology
- Headquarters: Vienna, Austria
- Website: www.fermify.org
- Total disclosed funding: $5.4M
- Latest round: Seed (May 10, 2023)
- Investors on record: 10

## About

Founded in 2021 Eva Sommer and Christoph Herwig, and based in Vienna, Austria, Fermify GmbH is a biotechnology company that produces vegan cheese and cheese alternatives on a large scale. In May 2023, Fermify GmbH raised EUR 5 million in seed funding led by Climentum Capital, with participation from AUXXO, Clima Now, Female Founders Fund, Satgana, and Triple Impact Capital. BackBone Ventures, PUSH Ventures, Simon Capital, and Übermorgen Ventures also participated in the round. 

The firm uses an automated B2B (business-to-business) platform for casein production, to enhance cheese alternative formulations, promoting sustainability and speed-to-scale. The platform cultivates microorganisms to produce non-GMO-based pure protein, which is then combined with sugar and fat to produce vegan cheese. 

The company intends to use the May 2023 funding to boost the optimization and full digitalization of the bioprocess and expand the team to meet the customers' demand.

## Funding rounds

- Seed, May 10, 2023, $5.4M — Female Founders Fund, PUSH Ventures, BackBone Ventures, AUXXO, Triple Impact Capital, Ubermorgen Ventures, Satgana, Clima Now, Climentum Capital, Simon Capital

## Investors

- Female Founders Fund (https://capitalatlas.ai/funds/female-founders-fund) — Seed
- PUSH Ventures (https://capitalatlas.ai/funds/push-ventures) — Seed
- BackBone Ventures (https://capitalatlas.ai/funds/backbone-ventures) — Seed
- AUXXO (https://capitalatlas.ai/funds/auxxo) — Seed
- Triple Impact Capital (https://capitalatlas.ai/funds/triple-impact-capital) — Seed
- Ubermorgen Ventures (https://capitalatlas.ai/funds/ubermorgen-ventures) — Seed
- Satgana (https://capitalatlas.ai/funds/satgana) — Seed
- Clima Now — Seed
- Climentum Capital (https://capitalatlas.ai/funds/climentum-capital) — Seed
- Simon Capital (https://capitalatlas.ai/funds/simon-capital) — Seed