Date | Title | Description |
01.11.2024 | World Vegan Day: Celebrating 80 Years of Veganism with a Spotlight on Plant-Based Cheese Innovations | The Vegan Society, the world’s oldest vegan charity, is celebrating its 80th anniversary today, marking World Vegan Day. The society was founded in 1944 by Donald Watson and five other non-dairy vegetarians, who sought to create a movement ... |
07.10.2024 | 14 millionenschwere Gründerinnen, die mehr Menschen kennen sollten | Auch im Jahre 2024 sind Gründerinnen in der deutschen Startup-Szene weiter komplett in der Minderheit. Die Gründerinnenquote in Deutschland ging zuletzt sogar zurück – von 20,7 % auf 18,8 %. Hinzu kommt weiter ein massiver Gender Funding Ga... |
04.10.2024 | Mathilde Do Chi, Expert on Food Law, Part 5: Innovative Food Ingredients & the Law | Mathilde Do Chi is the CEO of Vegan Food Law, a food law and regulatory consultancy in global alternative protein regulations. She is an international food law and regulatory consultant with expertise in alternative proteins, novel foods, t... |
03.10.2024 | The Future of Food: Cultivated Meat and Microbial Casein on the Rise | The landscape of food production is shifting. Two companies, Meatable and Those Vegan Cowboys, are at the forefront of this transformation. They are redefining what we eat and how we produce it. Their innovations promise to reshape the meat... |
01.10.2024 | Those Vegan Cowboys to Enter US Market with Microbial Casein That Outperforms Dairy | Belgian biotech company Those Vegan Cowboys announces it has developed a product using a new type of microbial casein. The startup will reveal the kind of cheese and its market entry at tomorrow’s Future Food-Tech summit in London.
Casein p... |
20.09.2024 | Navigating the Future of Food: Sustainable Seafood and Novel Innovations | The world is changing. The oceans are in peril, and our food systems are under pressure. The rise of alternative seafood and novel food products offers a glimmer of hope. Two recent developments highlight this shift: the expansion of Future... |
18.09.2024 | EFSA’s Call for Pre-Submission Advice for SMEs on Novel Food Applications Ends Soon | The European Food Safety Authority (EFSA) is inviting small and medium-sized enterprises (SMEs) working on novel food products to receive advice on the requirements for applications to obtain authorization to market their innovations in the... |
16.09.2024 | Denmark’s Matr Foods Secures €20M EU Loan for Mycelium Meat Factory | 4 Mins Read Danish meat analogue startup Matr Foods has received €20M in debt funding from the European Investment Bank to open a large-scale mycelium meat facility.
Mycelium meat maker Matr Foods has received a €20M loan from the EU’s lend... |
12.09.2024 | Formo raises $61M Series B for plant-based cheese | German animal-free cheese company Formo has raised $61 million in a Series B funding round, bringing its total funding to $115.3 million.
Formo’s cheese alternatives are made using naturally occurring Aspergillus Oryzae (koji), a fungus tra... |
12.09.2024 | +++ AENU +++ Qualifyze +++ Formo +++ Neosfer +++ Bitpanda +++ | Was gibt’s Neues? In unserem #StartupTicker liefern wir eine kompakte Übersicht über die wichtigsten Startup-Nachrichten des Tages (Donnerstag, 12. September) #STARTUPLAND: LEAN, CONNECT, GROW
Kommt mit ins Startupland! Es erwartet Euch ein... |
11.09.2024 | The Rise of Sustainable Startups: A New Era in Investment | The landscape of investment is shifting. A wave of startups is emerging, driven by sustainability and innovation. In the DACH region, the spotlight is on companies that blend technology with eco-consciousness. This new breed of startups is ... |
10.09.2024 | Formo's $61M Leap: A New Era for Cheese Alternatives | In a world where food innovation meets sustainability, Formo is carving out a niche. The Berlin-based startup has raised $61 million in a Series B funding round, marking a significant milestone in the alternative protein landscape. This fun... |
10.09.2024 | Formo raises $61m Series B, launches cheese alternatives featuring koji: ‘We aim to become a real challenger brand’ | Berlin-based fermentation startup Formo has raised a $61 million Series B round and launched cheeses featuring koji protein at 2,000+ REWE, BILLA, and Metro stores across Germany and Austria.
The round was backed by existing investors inclu... |
10.09.2024 | Formo erhält 61 Millonen – retraced sammelt 15 Millionen ein – Ucaneo bekommt 6,75 Millionen | Im #DealMonitor für den 10. September werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonito... |
10.09.2024 | Formo Stretches Budget with $61M Series B, Rolls Out Animal-Free Koji Cheese in Supermarkets
How Formo makes its koji protein cheese | 7 Mins Read German food tech startup Formo has closed a $61M Series B fundraise and launched animal-free cheeses made from microbial fermentation in supermarkets.
If you’re in Germany or Austria, you can now walk to one of 2,000+ Rewe, Bill... |
10.09.2024 | Formo Raises $61M, Launches Fermented Cheese Alternatives at 2,000+ Stores | Formo, a German producer of fermented cheese alternatives, has raised $61 million in a Series B funding round.
The round saw participation from existing investors such as Foodlabs, EQT Ventures, Lowercarbon Capital, Happiness Capital, Eleva... |
09.09.2024 | METRO Germany Becomes “First” Wholesaler to Sell Formo Animal-Free Cream Cheese | METRO Germany is now offering Frischain, an animal-free cream cheese produced by the German startup Formo. The wholesaler claims to be the first in the world to stock the product.
Frischain is made using microfermentation, which produces fu... |
08.08.2024 | This Stinks! Fermented Vegan Cheese Maker Plonts Stretches Budget with $12M Seed Investment | 5 Mins Read Californian startup Plonts has emerged from stealth with a $12M funding round, launching its fermented soy milk cheese at restaurants in New York City and San Francisco.
Cheese is not a dairy product; it is a microbial product –... |
19.07.2024 | Onego Bio: Transforming the Egg Protein Industry Through Precision Fermentation | Onego Bio, a pioneering Finnish startup, has recently secured a substantial €14 million in funding to propel its cutting-edge precision-fermented egg protein production. This significant investment marks a pivotal moment for the company as ... |
18.07.2024 | Onego Bio Bags €14M in EU Accelerator & Additional Series A Funding for Animal-Free Egg Protein | 5 Mins Read Finnish startup Onego Bio has received a further €14M in investment to advance production of its precision-fermented egg protein, ahead of US regulatory approval in the coming months.
Three months after raising $40M in its Serie... |
16.07.2024 | World’s largest mozzarella maker Leprino Foods to commercialize animal-free casein from Dutch startup Fooditive Group | Colorado-based Leprino Foods, the world’s largest manufacturer of mozzarella cheese, has struck a global licensing deal with Dutch startup Fooditive Group giving the dairy giant exclusive rights to produce casein made via Fooditive’s precis... |
30.05.2024 | Small Organisms Instead of Big Cows: Formo Discusses Benefits of Microfermentation to Create Animal-Free Cheese and Eggs | They taste like cheese, but are produced without the milk of cows. They are completely vegan, but have a much higher protein content than their plant-based counterparts. We are talking about Formo products.
Formo’s microorganisms can perfec... |
15.04.2024 | Exclusive: Perfect Day sued by manufacturing partner for fraud and breach of contract. Olon claims $112m in unpaid bills, $32m in damages | Perfect Day—a pioneer in the ‘animal-free’ dairy space making whey protein via precision fermentation—has been sued by its Italian contract manufacturing partner Olon for breach of contract, fraudulent inducement, and fraudulent concealment... |
02.04.2024 | Onego Bio Poaches $40M Series A to Launch Precision-Fermented Egg Protein in North America | 5 Mins Read Finnish precision fermentation startup Onego Bio has closed a $40M Series A funding round to commercialise its animal-free egg protein, Bioalbumen. It expects to obtain self-affirmed GRAS status in the US soon, paving the way fo... |
19.03.2024 | Formo and Those Vegan Cowboys Reveal “First-of-its-Kind” Collab to Expedite Production of Cow-Free Cheese | Two precision fermentation companies — Germany’s Formo and Those Vegan Cowboys from Belgium — today announce a strategic R&D alliance to accelerate the production of animal-free casein and finally retire cows from cheese production.
Thi... |
22.02.2024 | Unilever enters ‘animal-free dairy’ arena via Breyers brand in tie up with Perfect Day | CPG giant Unilever has teamed up with Perfect Day to launch a lactose-free chocolate frozen dairy dessert under the Breyers brand, using whey protein made in fermentation tanks by microbes, rather than cows.
The ‘animal-free frozen dairy de... |
19.02.2024 | Fonterra/DSM JV Vivici unveils whey protein from fermentation: ‘We are already at commercially viable titers’ | Vivici—a joint venture formed by Fonterra and DSM to disrupt the emerging ‘animal-free dairy’ category—says it is already in a position to supply commercial quantities of whey protein from fermentation to the US market, just over a year aft... |
05.01.2024 | Exclusive: Perfect Day founders step away as company finalizes ~$90m pre-series E, installs interim CEO | The founders of precision fermentation specialist Perfect Day are stepping down from their leadership roles after a decade at the helm. The news comes as the company finalizes a pre-series E round of up to $90 million and installs current p... |
09.10.2023 | Brief: Cultivated seafood startup BlueNalu bags $33.5m in series B round | San Diego-based cellular aquaculture startup BlueNalu has raised $33.5 million in a series B round from “new and existing investors” according to UK-based venture capital firm Agronomics.
Prior to this round, BlueNalu had raised a $4.5 mill... |
19.09.2023 | SMU researchers partner Europe's leading precision-fermentation company on three-country study on consumer acceptance of lab-brewed eggs | BERLIN and SINGAPORE, Sept. 19, 2023 /PRNewswire/ -- Formo, Europe's leading precision-fermentation company, has partnered with the Singapore Management University (SMU) to examine consumer demand for a new class of products - precision-fer... |
29.08.2023 | 🎥 AgFunderNews round table: Do the economics of precision fermentation stack up for animal-free dairy? | Once upon a time, dairy proteins were made exclusively by lactating mammals. These days, you can produce them in genetically engineered plants or microbes, or even lactating mammary cells grown in a bioreactor.
But is there a market for ‘an... |
20.07.2023 | Study Finds Animal-Free Cheese Could Capture 33% of Market and Go Mainstream | New research on consumer demand for animal-free cheese in the UK conducted by German precision fermentation company Formo in collaboration with the University of Saskatchewan in Canada reveals promising figures for the nascent category and ... |
19.04.2023 | From Digitizing Farming to Designing Novel Foods: Time to Unlock Bulgaria’s Foodtech Potential | Sofia, Bulgaria ~
“The top 10 public foodtech companies are growing faster than the top 10 food manufacturers. Still, a lot of equity value to eat into. Note the top 10 public foodtech companies are in food delivery/e-commerce. The big publ... |
16.03.2023 | The Week in AgriFoodTech: Andes lands $30m to tackle carbon, THIS cooks up $18m, Leaf & AWS team up | This week, climate tech startup Andes bagged funding for its carbon removal technology, plant-based meat maker THIS announced Series B funding and Immi raised funds for plant-based ramen. In the world of ag data, two infrastructure provider... |
15.03.2023 | BREAKING: Precision fermentation startups team up to tackle ‘black box’ EU novel foods process | Thanks to advances in synthetic biology, startups can now program microbes to produce scores of ingredients more sustainably. But the tortuous regulatory process to secure regulatory approvals in the EU is holding the industry back, claim t... |
28.03.2022 | Exnaton wins the Start Summiteer Award 2022 | |
09.02.2022 | Report by Formo Finds Promising Consumer Attitudes to Animal-Free Dairy | New research by German precision fermentation company Formo, in collaboration with Mercy for Animals and Fordham University, has examined consumer attitudes to animal-free dairy products.
Study participants were introduced to the concept of... |
09.02.2022 | Consumers Are Ready For Animal-Free Dairy, New Study Finds | 4 Mins Read
Attitudes towards precision fermentation dairy are being put under the spotlight. A joint study carried out by Formo, Mercy For Animals, and Fordham University, has reported positive feelings about the sector and its impact on a... |
23.11.2021 | BREAKING: ADM, Kraft & Dr Oetker back bovine-free mozzarella maker New Culture in $25m round | US alt-dairy startup New Culture has raised $25 million in Series A funding to bring its bovine-free mozzarella product to market.
Founded in 2018 by CEO Matt Gibson and chief scientific officer Inja Radman, New Culture is using precision f... |
23.11.2021 | ADM, Kraft & Dr Oetker back bovine-free mozzarella maker New Culture in $25m round | US alt-dairy startup New Culture has raised $25 million in Series A funding to bring its bovine-free mozzarella product to market.
Founded in 2018 by CEO Matt Gibson and chief scientific officer Inja Radman, New Culture is using precision f... |
30.09.2021 | Brief: Perfect Day raises $350m, plots IPO – report | US alt-dairy startup Perfect Day has raised $350 million in Series D funding, The Wall Street Journal reports.
Singaporean sovereign fund Temasek and the Canada Pension Plan Investment Board co-led the round. Other Series D investors includ... |
20.09.2021 | Miyoko’s Creamery CEO on $52m funding, federal court victory & vegan cheese fails | “Vegan cheese has been the laughing stock of the food industry because it has been crap,” Miyoko Schinner tells AFN. “It’s fake food for the most part and we need to turn that around. We need to make real cheese out of real food ingredients... |
15.09.2021 | The Week in Agrifoodtech: US eyes $7.8bn ag research investment; Spiber, SpotOn & Halter raise | Spiber is valued at $1.22 billion following its latest fundraising round – while SpotOn hit a post-money valuation of $3.15 billion, according to reports.
Elsewhere this week, the US Congress is planning a major spending spree on agricultur... |
14.09.2021 | German foodtech Formo raises US$ 50 million Series A funding | Formo, a Berlin-based foodtech, has secured a fundraise of US$ 50 million in a Series A funding round held yesterday, on September 13 2021. Elevat3 Capital, EQT Ventures and Lowercarbon Capital co-led the financing round with the participat... |
14.09.2021 | Formo Eyes Animal-Free Mozzarella and Ricotta After Record $50M Series A | 4 Mins Read
Formo, the precision fermentation cheese company based in Berlin, has just closed a record-breaking $50 million Series A round, representing the largest to date within the European food tech industry. The startup says that the f... |
13.09.2021 | Berlin-based foodtech startup Formo raises €42 million to supercharge animal-free cheese production | The Berlin-based precision fermentation startup Formo today announced that it has closed its Series A financing round led by EQT Ventures, with Elevat3 Capital and Lowercarbon Capital as co-leads. The funding raised by Formo amounts to €42 ... |
13.09.2021 | Formo nets $50m for animal-free cheese fermented from microbes | German alt-dairy startup Formo has raised $50 million in Series A funding, it announced in a company statement today.
The Series A round was led by Sweden’s EQT Ventures, with Elevat3 Capital, Lionheart Ventures, Lowercarbon Capital, and Ha... |
13.09.2021 | Cultured Cheese Producer Formo Secures a Record-Breaking $50M in Series A | Alt dairy startup Formo has completed a $50 million Series A funding round – a record for a European foodtech. Berlin-based Formo uses precision fermentation to create nature-identical dairy products without cows.
“Our excellent investor se... |
29.06.2021 | Real dairy proteins... minus the cows: Industry-funded consumer study shows openness to 'animal-free' cheese | While it's been around for a while, plant-based cheese has only captured a tiny fraction of the market because products still don't deliver for many consumers, who would like to make more sustainable or ethical choices, but aren’t willing t... |
24.06.2021 | Study Reveals That Consumers Want Animal-Free Cheese & Alt Dairy is Set to Immediately Disrupt $240Bn Cheese Market | Despite precision-fermentation-made animal-free cheese not yet hitting the mass market, the first-ever large-scale study of consumer acceptance for animal-free cheese has revealed that such products will immediately challenge conventional d... |
10.06.2021 | Formo: “We See Our Technology as a Solution to Many Supply Chain Risks Around Food Security” | Cellular agriculture enables the production of real dairy proteins through precision fermentation, thus removing animals from the production process. In this insightful interview, Raffael Wohlgensinger, CEO and co-founder of Formo, talks to... |
- | Formo | “We're Formo, the future of dairy. Using micro fermentation, we create animal-free cheeses that humans love.” |