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…
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
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
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
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.