FundedIQ
Biotechnology

Formo: Funding, Investors & Team (Sep 2026)

Formo is the first company in Europe to create dairy products without the use of animals by utilizing milk proteins produced through precision fermentation that closely mimic those found in nature.

formo.bio LinkedIn Berlin, Germany 101-250 employees
Total raised
$147M
Rounds
3
Latest
Undisclosed round
Jan 2025

Formo has raised $147M across 3 funding rounds on record, the most recent an undisclosed round of $36.1M announced in Jan 2025.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Formo Company Profile and Key Stats

Total funding raised
$147M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$36.1M in Jan 2025
Employees
101-250
reported band
Headquarters
Berlin, Germany

Latest funding round on record: Jan 2025.

Formo Funding Rounds

Date
Round
Amount
Undisclosed round
$36.1M
Series B
$61.0M
Series A
$49.6M

Formo raised $49.6M in a Series A announced in Sep 2021.

3 years later, a Series B of $61.0M was announced in Sep 2024.

4 months later, an undisclosed round of $36.1M was announced in Jan 2025.

Formo Founders and Leadership Team

Name
Role
Contact
Britta Winterberg
Founder
Raffael Wohlgensinger
CEO
Locked

Contact details for the Formo team: 1 of 2 have an email address on file.

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Formo Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
1,812
$6.5M

Formo's latest round of $36.1M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Formo in Biotechnology and Berlin

Companies Similar to Formo

Formo Funding FAQs

What does Formo do?

Formo is the first company in Europe to create dairy products without the use of animals by utilizing milk proteins produced through precision fermentation that closely mimic those found in nature.

How much funding has Formo raised?

Formo has raised $147M across 3 rounds on record. The most recent is an undisclosed round of $36.1M announced in Jan 2025.

When did Formo last raise funding?

Formo's most recent funding round on record is an undisclosed round of $36.1M, announced in Jan 2025.

Who founded Formo?

FundedIQ lists Britta Winterberg (Founder) at Formo.

Who is the CEO of Formo?

Raffael Wohlgensinger is listed as CEO at Formo.

Where is Formo headquartered?

Formo is based in Berlin, Germany.

How many employees does Formo have?

Formo is in the 101-250 employee band.

How does Formo's funding compare to other Biotechnology startups?

Formo's latest round of $36.1M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Formo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Formo is left off this page rather than filled in.

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