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 million, which makes it one of the largest venture funding rounds in European foodtech ever. The round also […] The post Berlin-based foodtech startup Formo raises €42 million to supercharge animal-free cheese production appeared first on EU-Startups.
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