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Formo

Koji-based animal-free cheese

Ranked #6 in Best Alternative Protein Startups.

Formo, founded in Berlin in 2019, makes animal-free cheese using Koji Protein made by fermentation. It raised a $61 million Series B in September 2024, taking its total funding to about $115 million.

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At a glance

Price fromNot public
Best forShoppers in Europe looking for animal-free cheese

From Formo's own website.

What stands out

  • Retailer backing from REWE
  • Products already on shelves

Worth knowing

  • Limited availability outside Europe
  • Competes with established plant-based cheese brands

How it ranks

Formo is ranked 6th of 10 in Best Alternative Protein Startups (Lister Score 90.5).

#6 in Best Alternative Protein Startups · Lister Score 90.5

REWE Group, one of Europe's largest retailers, invested in Formo's Series B..

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2Perfect Day95.6
3The EVERY Company94.3
4Upside Foods93.1
5Wildtype91.8
6Formo90.5
7Mission Barns89.2
8Vow87.9
9Planted86.5
10Onego Bio85.2

Frequently asked questions

How does Formo rank on Lister?

Formo is ranked 6th of 10 in Best Alternative Protein Startups (Lister Score 90.5).

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#6 in Best Alternative Protein Startups
RANKED #6 ON LISTERBest Alternative Protein Startups