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Formo
Alternative dairy company
- 101-200 employees
- B2C
- Retail
- Sustainability
- Food
- Biology
- Mitte, Berlin, Germany
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Company mission
To bring the next generation of sustainable, healthy, and equitable dairy products to consumers.
Our take
The production of animal-based foods contributes massively to global emissions every year, creating a real need for meat and dairy alternatives. To answer this need, a number of companies have sprung up to offer these alternatives - including Formo.
Formo produces dairy alternatives, delivering a range of alternative cheese products ranging from the spreadable Frischhain to the strong-tasting Frankoforte. It produces them through microfermentation, which is a far more sustainable method than traditional cheese production.
The company is early in its journey, having just begun to launch in some German retail stores. That said, Formo has great backing behind it, with substantial funding raised towards scaling operations, expanding across the DACH region and growing its portfolio of products.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Sep 2024
$58.1m
SERIES B
Sep 2021
$42.1m
SERIES A
Total funding: $104.5m
This company has top investors
Leadership
Raffael Wohlgensinger
(Co-Founder & CEO)Fellow of the Sigma Squared Society and Venture Partner at Nucleus Capital. Previously a Business Development Manager at Atlantic Food Labs and interned at Keatz and VIU VENTURES.
Roman Plewka
(Co-Founder & COO/CFO)Former CFO and Venture Partner at Atlantic Food Labs. Was also a Consultant at Horváth & Partners Management Consultants, and Director at International Citrus Production.