Formo Bio
Latest round
- Series B
Last raised
- Jun 2024
Total raised
- $116M
Investors
- 21
About Formo Bio
Formo Bio GmbH, founded in 2019 and headquartered in Berlin, Germany, focuses on creating animal-free cheese products.00 mn on January 21, 2025. The founders include Eddy Yeh, Felipe Eing, Hsu Wei-Pin, and Raffael Wohlgensinger, with Raffael Wohlgensinger also serving as CEO alongside Nikolay Angelov.Formo specializes in producing animal-free cheese alternatives through innovative micro fermentation technology. Their core product offerings include a diverse range of cheese alternatives, such as cream cheese substitutes and other varieties, designed to meet the growing demand for sustainable food choices. These products cater to individual consumers seeking plant-based options as well as food service businesses looking to incorporate sustainable dairy substitutes.60. The company generates revenue through direct sales to consumers and partnerships with retailers and food service providers, supplying its flagship animal-free cheese alternatives to grocery stores, restaurants, and catering businesses. This investment will support the expansion of their animal-free product offerings across Europe, with plans to introduce new products designed for various dietary preferences.
Who invested in Formo Bio
21 investors across 3 rounds
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Questions about Formo Bio
Who invested in Formo Bio?
Formo Bio has 21 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Formo Bio raised?
Formo Bio has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Formo Bio last raise money?
Formo Bio's most recent round on record is a Series B, in Jun 2024.
What does Formo Bio do?
Formo Bio GmbH, founded in 2019 and headquartered in Berlin, Germany, focuses on creating animal-free cheese products.
Where is Formo Bio headquartered?
Formo Bio is headquartered in Berlin, Germany.
Which VCs invest in companies like Formo Bio?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back biotechnology companies at Formo Bio's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series B
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