Formo
Formo is a cell-ag, precision fermentation company that develops animal-free dairy products using nature-identical milk proteins from precision fermentation.
Formo has raised €98M across 2 funding rounds from 18 investors, most recently a round in Sep 2024. Based in Berlin, Germany; active in Agritech. Data as of 28 Oct 2026.
Berlin, Germanyformo.bio ↗
Total raised
€98M
€97,818,823
Funding rounds
2
Investors
18
distinct backers
Active since
2021-09
latest 2024-09
Funding by year
EUR raised per yearFormo — funding by year — interactive chart.
Data table
| Formo — funding by year | |
|---|---|
| 2021 | €42M |
| 2024 | €55M |
Signals
High confidenceRaise-next likelihood24
base rate 30% for Other
- ▼ In typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood11
base rate 11% (2+ rounds)
- ▲ €30M+ raised
- ▲ 5y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: in window vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2024-09-12 | Other | €55M | Elevat3 Capital,EQT Ventures,FoodLabs,Grazia Capital,Happiness Capital,Lowercarbon Capital+5 more | View deal → |
| 2021-09-13 | Other | €42M | Agronomics,Albert Wenger,CPT Capital,Elevat3 Capital,EQT Ventures,Good Seed Ventures+5 more | View deal → |