Our team advises Formo on its $50 Million Series A Round

Berlin-based Formo has raised the largest Series A FoodTech funding round in Europe led by EQT Ventures with further participation of Elevat3 Capital and Lowercarbon Capital.

Founded in 2019, Formo is Europe’s first cellular agriculture company developing animalfree dairy products using real, nature-identical milk proteins derived from precision fermentation.

The startup will use the new funding to construct its pilot plant, fast-track its commercial scale production, and grow the molecular biology and food science team. With the resulting increase in R&D capacity, Formo plans to expand its product portfolio.

Our Team has been advising Formo since the foundation of the company and has now also advised on the negotiations with the investors and the successful closing of the current financing round.

Formo has been advised by: Sohrab Beheshtipour and André Eggert (each Venture Capital)