Formo Foods Overview
- Year Founded
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2019
- Status
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Private
- Employees
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90
- Latest Deal Type
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Debt
- Latest Deal Amount
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$36.8M
- Investors
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27
Formo Foods General Information
Description
Producer of clean dairy products intended for vegan food options. The company focuses on harvesting real dairy proteins through fermentation and biotechnology to transform nutrients into milk proteins and they use precision fermentation to produce bio-identical milk protein ingredients, enabling food industries to get milk protein ingredients that deliver true dairy performance at scale.
Contact Information
Website
formo.bioCorporate Office
- Stralauer Allee 10-11
- 10245 Berlin
- Germany
Corporate Office
- Stralauer Allee 10-11
- 10245 Berlin
- Germany
Formo Foods Timeline
Formo Foods Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Debt - General | 16-Dec-2024 | $36.8M | Completed | Generating Revenue | ||
| 8. Later Stage VC (Series B) | 09-Sep-2024 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 01-Jan-2024 | Completed | Generating Revenue | |||
| 6. Early Stage VC | 10-Jan-2023 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 01-Jan-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 13-Sep-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 08-Jul-2020 | Completed | Startup | |||
| 2. Accelerator/Incubator | 12-Jul-2019 | Completed | Startup | |||
| 1. Early Stage VC | 01-Jan-2019 | Completed | Startup |
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Formo Foods Comparisons
Industry
Financing
Details
Formo Foods Competitors (4)
One of Formo Foods’s 4 competitors is Remilk, a Venture Capital-Backed company based in Ness Ziona, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Remilk | Venture Capital-Backed | Ness Ziona, Israel | ||||
| New Culture | Venture Capital-Backed | San Leandro, CA | ||||
| ImaginDairy | Venture Capital-Backed | Tirat Carmel, Israel | ||||
| Better Dairy | Venture Capital-Backed | London, United Kingdom |
Formo Foods Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Formo Foods Patents
Formo Foods Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202418147-D0 | Process for the production of animal-free food products | Inactive | 11-Dec-2024 | ||
| AU-2024900335-A0 | Blg processes | Pending | 13-Feb-2024 | ||
| AU-2024900012-A0 | Compositions for use in foodstuffs | Pending | 03-Jan-2024 | ||
| GB-202319600-D0 | Process for the production of animal-free food products | Inactive | 20-Dec-2023 | ||
| AU-2023903319-A0 | Scalable process | Pending | 18-Oct-2023 |
Formo Foods Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Formo Foods Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Foodlabs (Hong Kong) | Corporation | Minority | ||
| Future Food Fund (Japan) | Corporate Venture Capital | Minority | ||
| Indiposa Investments | Venture Capital | Minority | ||
| REWE Group (Retail) | Corporation | Minority | ||
| Sazaby League | Holding Company | Minority |
Formo Foods FAQs
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When was Formo Foods founded?
Formo Foods was founded in 2019.
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Where is Formo Foods headquartered?
Formo Foods is headquartered in Berlin, Germany.
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What is the size of Formo Foods?
Formo Foods has 90 total employees.
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What industry is Formo Foods in?
Formo Foods’s primary industry is Other Commercial Products.
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Is Formo Foods a private or public company?
Formo Foods is a Private company.
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What is Formo Foods’s current revenue?
The current revenue for Formo Foods is .
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How much funding has Formo Foods raised over time?
Formo Foods has raised $152M.
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Who are Formo Foods’s investors?
Foodlabs (Hong Kong), Future Food Fund (Japan), Indiposa Investments, REWE Group (Retail), and Sazaby League are 5 of 27 investors who have invested in Formo Foods.
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Who are Formo Foods’s competitors?
Remilk, New Culture, ImaginDairy, and Better Dairy are competitors of Formo Foods.
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