
Formo
Founded Year
2019Stage
Incubator/Accelerator | AliveTotal Raised
$54.7MAbout Formo
Formo operates in the precision-fermentation space focusing on animal-free dairy products. the company uses microorganisms instead of cows to produce its milk proteins. Formo was formerly known as LegenDairy Foods. It was founded in 2019 and is based in Berlin, Germany.
ESPs containing Formo
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The alternative dairy protein fermentation market is gaining attention due to its role in addressing sustainability and dietary preferences. It involves fermenting non-traditional sources of plant-based proteins, such as peas, soy, or algae, to create dairy alternatives like plant-based milk and yogurt. Alternative dairy protein fermentation provides solutions for individuals seeking healthier and…
Formo named as Challenger among 9 other companies, including Perfect Day, Eternal, and The EVERY Company.
Expert Collections containing Formo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Formo is included in 2 Expert Collections, including Food & Beverage .
Food & Beverage
2,907 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Alternative Proteins
407 items
This Collection includes B2B and B2C companies developing alternatives to animal-derived proteins, including plant-based meat, dairy alternatives, lab-grown or cultured meat, and fermented proteins.
Latest Formo News
Aug 23, 2023
Sustainability - It will require a collective effort but we can leave a healthy planet for future generations Analysis Sign at Walk Against Warming, Sydney, Australia 2009. (image: Wikimedia) Here at Innovation Origins, we frequently cover threats to Earth’s climate and innovations that can assist in mitigating those threats. Climate change poses a grave concern for humanity. Humans emerged relatively recently on this planet, around 300,000 years ago. Only 10,000 years ago did we begin to organize ourselves into agriculture-based societies. Our way of life, locations of habitation, adaptations, and methods of sustenance have all evolved based on the climate as it has been known for the past several millennia. Profound alterations in this climate system could have catastrophic consequences for humanity. We now comprehend that releasing gigatonnes of CO2 into the atmosphere, previously sequestered beneath the Earth’s surface in the form of oil, coal, and gas, is wreaking havoc on our climate. However, our lifestyle has also become reliant on these affordable and abundant energy sources. What steps can we take now? How can we safeguard the climate and ensure our survival? Climate change is a current crisis that is affecting various aspects of our lives and requires urgent action. Innovative solutions such as carbon capture and storage and climate engineering offer hope in mitigating the impacts of climate change, but they come with controversies and uncertainties. Policy changes, transitioning to renewable energy, changing our diets, and collective efforts are necessary to combat climate change and create a sustainable future. Climate change is here now The Earth today is not the same as it was a decade ago. Climate change, once a distant threat, has manifested itself in our daily lives. The month of June 2023 was a stark reminder of this reality as it was declared the hottest month on record. The escalating global temperatures, fuelled by a combination of climate change and the periodic El Niño phenomenon, are no longer abstract predictions of computer models, but conspicuous phenomena that we witness firsthand in various corners of the globe. Scorching evidence: June 2023 sets global temperature record While humans are personally witnessing the consequences of climate change, the imperative to take decisive action against it is not yet universally embraced. From China to Spain, record-breaking temperatures have left a trail of climate disruption, accompanied by disasters such as forest fires, droughts, and extreme rainfall. These are not isolated events, but symptoms of a larger, more pervasive issue that affects every aspect of our lives – from our health and food security to the environment we inhabit. The warming of the Earth’s surface and the simultaneous cooling of the upper atmosphere further exacerbate these changes, disrupting weather patterns and threatening satellite safety. Climate change, thus, is not a future eventuality, but a current crisis, altering our ecosystems and the way we live/ Innovations that can help us battle climate change Among the innovative solutions available to us in our fight against climate change, carbon capture and storage (CCS) technology and climate engineering are two that stand out, each with their own potential to limit the global rise in temperature. Yet, while they offer hope, they are not without their controversies and uncertainties. CCS & fossil hydrogen: failing the climate change fight With the baby steps the oil industry proposed, we are not going to save the planet CCS technology, exemplified by projects like the Porthos initiative in the Netherlands and Shell’s Quest project in Canada, offers a way to reduce the amount of CO2 in our atmosphere by capturing it at its source and storing it deep underground. In the Porthos project, for example, a pipeline under the port area is planned to capture and store CO2 under the North Sea, backed by Shell and ExxonMobil. Direct Air Capture (DAC) technologies, meanwhile, aim to extract CO2 directly from the atmosphere. Swiss company Climeworks is constructing its second DAC plant, called Mammoth, which is expected to capture 36,000 tonnes of CO2 per year. Support Us! I hereby agree to the Privacy Policy The race against climate change: innovative techniques for CO2 storage In the Netherlands, the Council of State approved the Porthos project today: a huge project for CO2 storage in the Port of Rotterdam. However, the effectiveness of CCS technology has been questioned. Critics point out that despite Shell’s Quest project claiming to capture 5 million tonnes of CO2 in less than five years, the plant emitted another 7.5 million tonnes of greenhouse gases during the same period, capturing only 48% of its carbon emissions. Furthermore, there are concerns about the potential leakage of stored CO2, which could undermine their credibility as sustainable solutions. Climate engineering, on the other hand, involves techniques that intervene in the climate system to cool the Earth. This includes methods such as shooting water into clouds to create ice-like structures or releasing balloons filled with sulfur dioxide to reflect sunlight. Research on making clouds whiter to enhance their cooling effect is being conducted by TU Delft and the University of Cambridge, with a focus on using salt crystals to create more cloud droplets. Yet, like CCS technology, climate engineering is not without its controversies. There are concerns that it may be used as an excuse to continue fossil fuel emissions and adopt less stringent climate policies. Furthermore, there are moral and regulatory questions around its use, with calls for more robust rules to prevent it from becoming a tool of the rich. Professor on climate engineering: ‘Not a solution, but research is much needed’ The public debate on climate engineering is in full swing and the science is divided. IO spoke with professor of atmospheric research Herman Russchenberg. Despite the uncertainties and controversies surrounding these innovative solutions, what is clear is that they represent important tools in our arsenal against climate change. However, they are not silver bullets. They must be used in conjunction with other measures, such as transitioning to renewable energy sources, changing our diets, and implementing more sustainable practices in our everyday lives. Climate models and uncertainties Climate models serve as invaluable tools in our understanding of the past and potential future shifts in our climate. Yet, these models are fraught with uncertainties, a testament to the complexity of the Earth’s climate system and the inherent limitations of our computational capabilities. For instance, cloud formation, a crucial component in regulating Earth’s temperature, remains a significant source of uncertainty in climate models. This is due to the lack of detailed observations and the difficulty in accurately representing their causality and impact in the models[5]. Similarly, the interactions between water vapour and aerosols, and their overall effects on climate, are not fully understood. Moreover, the unpredictability of natural phenomena, such as air circulation changes and events like El Niño, can influence temperature and rainfall projections, particularly in shorter timeframes and smaller regions. Then, there are the ‘tipping points’ – instances where minor changes can trigger larger, abrupt shifts in the climate system. These are hard to predict due to the limits of computational power in accurately representing them. Changes in ocean circulation, like the Atlantic Meridional Overturning Circulation (AMOC), also introduce considerable uncertainty in future climate predictions, as warming and melting ice can alter circulation patterns. Despite these challenges, advancements are being made to enhance the accuracy and predictive power of climate models. For instance, the Fraunhofer Institute for Building Physics IBP has developed a simulation model, PALM-4U, which combines numerous complex Earth system processes, including sea ice melt, permafrost thaw, and monsoon dynamics, to test intervention strategies and prevent catastrophic tipping points. The model also demonstrates how construction projects can affect urban climates, thereby aiding city planners in making informed decisions. Fraunhofer builds a simulation model to counter the earth’s climate collapse City planners have a rough time caused by climate change. Researchers expect the incidence of prolonged hot spells, heavy rain, and storms to increase. The necessary policy changes The climate crisis is a pressing issue that requires urgent action, and while there has been a significant shift in policies to stimulate the use of green energy, the stubborn problem of fossil fuel subsidies remains a significant roadblock. European governments, for instance, continue to support the fossil fuel industry, despite their commitment to tackling climate change. The maddening incongruity of European climate policy: it’s high time to halt fossil fuel subsidies It’s time to stop financing our destruction and start investing in our future. Our survival depends on it. These subsidies, which reward the most polluting companies, hinder efforts to reduce emissions and transition to a sustainable economy. This incongruity in policy not only underpins inequality and injustice, but also undermines the survival of future generations. On the other hand, there is a growing consensus on the economic viability of a renewable energy system, with research suggesting that transitioning to such a system globally by 2050 is not only feasible, but also economically viable. However, the reluctance to transition to clean energy, often driven by fears of economic stagnation, persists, despite the clear evidence to the contrary. The Green Revolution: An Investment, Not a Cost Accelerating the transition to clean energy is not only beneficial for the economy but also critical for the planet’s well-being Moreover, the differing views on nuclear power within the EU add another layer of complexity to policy changes. As we move forward, it is crucial that these policy discrepancies are addressed urgently. The abolition of fossil fuel subsidies, coupled with sustained and comprehensive fiscal measures and public support, is essential for the successful implementation of climate change policies and the transition to a low-carbon economy. The energy transition The energy transition, a monumental shift from fossil fuel-based power generation to cleaner, renewable sources, is not merely a proposal for the future, but a palpable reality gaining momentum across the globe. A significant contributor to this shift has been the economic viability of renewable sources, as highlighted by the Global Electricity Review, which noted wind and solar power are now the most cost-effective energy sources, surpassing fossil fuels. In 2022, these renewable sources met 80% of the growth in global electricity demand. The energy revolution: The cheapest electricity now comes from wind and solar Global Electricity Review says that from now on, fossil production of electricity will decline. Renewable energy’s rapid expansion is evident in several countries, each with unique strategies. Western Australia, for instance, plans to incorporate 10,000MWh of large-scale battery storage by 2030, while Texas has added 4.4 gigawatts of solar capacity since last summer, making solar energy the state’s second-largest electricity source after natural gas. In Europe, countries have taken divergent paths, with France maintaining its nuclear power programme, and Germany focusing on renewables. Notably, China stands out as a global leader, contributing 50% of global wind power and 40% of new solar power in 2022. Despite this positive trend, substantial challenges remain. Institutional inertia, resistance from the fossil fuel industry, and the need for significant public investment in green technologies are notable obstacles. Policy changes, such as the abolition of fossil fuel subsidies, have been proposed as transformative strategies to accelerate the shift towards sustainability. While the transition is complex, involving myriad factors such as grid stability, battery storage, and public policy, the momentum is clear: the era of renewable energy is upon us, promising a cleaner, more sustainable future for all. Changing our diet Our menu choices play a significant role in the battle against climate change. The burgeoning popularity of plant-based diets in Europe, with vegan product sales soaring and animal protein demand stalling, is a hopeful trend. In 2022, plant-based food sales rose by 22% to reach €5.7 billion, with vegan meat alternatives, dairy-free cheese, and vegan seafood experiencing noteworthy growth. Plant-Based Revolution: Europe’s Vegan Boom Amidst Decline in Meat and Dairy Sales Sales of vegan products are soaring as demand for animal protein stalls. Advancements in precision fermentation are presenting exciting possibilities. Precision fermentation enables scientists to program microbes to produce specific molecules, thereby replicating animal and plant proteins without the necessity of large-scale farming. Companies like Formo are harnessing this technology to create proteins identical to those in animal products at a molecular level. This method is not merely an attempt to mimic the taste of animal products, but to replicate the nutrient profile, providing a viable, sustainable alternative. Formo replicates animal protein using precision fermentation Formo is start-up aiming to replace 10% of the dairy market in Europe by 2030. They use microorganisms to replicate protein in cheese. Another promising development in the food industry is the cultivation of lab-grown meat. Companies such as Finless Foods and Mosa Meat are leading the way in producing sustainable alternatives to traditional animal farming through cell-cultured seafood and meat products. In fact, the Netherlands has become the first country in the EU to allow pre-approval tastings of food grown directly from animal cells, paving the way for more widespread adoption of this technology. The future of food: Lab-grown meat revolution The lab-grown meat industry is developing sustainable alternatives to traditional animal farming, but challenges remain. Conclusion Climate change is an urgent and pressing issue that demands immediate action. The evidence is clear – our planet is warming, and the consequences are already being felt in various parts of the world. However, amidst the challenges and uncertainties, there is hope. Innovations such as carbon capture and storage and climate engineering, coupled with the transition to renewable energy sources, changes in our diets, and policy reforms, can help us combat climate change. It will require a collective effort from governments, industries, and individuals alike, but by working together, we have the knowledge and the power to save our planet and ensure a sustainable future for generations to come. The time to act is now. Related Posts
Formo Frequently Asked Questions (FAQ)
When was Formo founded?
Formo was founded in 2019.
Where is Formo's headquarters?
Formo's headquarters is located at Stralauer Allee 10-11, Berlin.
What is Formo's latest funding round?
Formo's latest funding round is Incubator/Accelerator.
How much did Formo raise?
Formo raised a total of $54.7M.
Who are the investors of Formo?
Investors of Formo include German Accelerator Tech, Agronomics, Albert Wenger, Lionheart Ventures, Good Seed Ventures and 11 more.
Who are Formo's competitors?
Competitors of Formo include New Culture, Better Dairy, New Roots, Eclipse Foods, Miyoko's Creamery and 16 more.
Compare Formo to Competitors

New Culture develops animal-free dairy products in lab-grown mozzarella. It offers products that use microflora to express dairy proteins and culture dairy products instead of using animals. The company was founded in 2018 and is based in San Leandro, California.
Mondarella creates typical Italian dairy products that are exclusively plant-based.
Elmhurst Milked is a plant-based beverage company. Using a unique cold milling process called 'milking', Elmhurst crafts whole food, non-dairy milks that combine the full nutrition of whole ingredients with a creamy texture and flavor. The products contain none of the industrial stabilizers, whiteners, emulsifiers or gums typical of other brands – they are naturally creamy as a result of healthy oils and nutritious thanks to native nut and grain proteins. Elmhurst's process also allows for safe consumption over longer periods of time and the products boast a longer shelf life with no need to refrigerate before opening
Dream Pops is a frozen food company creating avant garde ice cream that is plant-based, non-dairy, gluten and soy free.

Califia Farms is a natural beverage company in the U.S. Known for offering the plant-based beverages artfully packaged in disruptive curvy bottles, Califia is a refrigerated nutmilk, non-dairy creamer and ready-to-drink coffee brand in the natural and specialty channels.

Miyoko’s Creamery provides a range of vegan dairy products. Its products include a selection of vegan cheese, butter, cream cheese, vegan mozzarella, spreads, and more. The company was formerly known as Miyoko's Kitchen. It was founded in 2014 and is based in Petaluma, California.