# Formo funding: rounds and investors

> Formo has raised $36M across 1 round since 2025. Investors include European Investment Bank, EQT Ventures and Lowercarbon Capital. Every round with its source.

Source: https://millionrounds.com/company/formo (Millionrounds; every figure on the page links to its filing or article)

Germany · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Formo*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$36M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $36M Jan 2025
- **Investors:** 3

See who backed them

## The rounds

- **Jan 2025** Debt **$36M** [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) Source recorded

## Everyone who backed them

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[EQT Ventures](https://millionrounds.com/fund/eqt-ventures) VC firm **1** round

[Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=formo).

## Also claim to have backed them

These 2 firms list Formo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[FoodLabs](https://millionrounds.com/fund/foodlabs) VC firm Per its own site

[Atlantic Food Labs](https://millionrounds.com/fund/atlantic-foodlabs) VC firm Per its own site

## Quick answers about Formo

### Who invested in Formo?

Formo's investors include European Investment Bank, EQT Ventures and Lowercarbon Capital.

### How much has Formo raised?

Formo has raised $36M across 1 round since 2025.

### When did Formo last raise?

Formo's most recent round was a Debt of $36M in Jan 2025.

### What was Formo's biggest round?

Its most recent round, $36M in Jan 2025, is also its largest on record.

### Who backed Formo first?

Formo's first round on record, in Jan 2025, was backed by European Investment Bank, EQT Ventures and Lowercarbon Capital.

### What stage is Formo at?

Formo's latest named round is a Debt, in Jan 2025.

### Where is Formo based?

Formo is based in Germany.

## Companies like Formo

In the same sector, and raised in the last eighteen months.

[**Cellbox Solutions** $4.1M · Oct 2026](https://millionrounds.com/company/cellbox-solutions)[**ViferaXS** $14M · Sept 2026](https://millionrounds.com/company/viferaxs)[**Pacifico Biolabs** $11M · Jul 2026](https://millionrounds.com/company/pacifico-biolabs)[**Pentixapharm** $40M · Jul 2026](https://millionrounds.com/company/pentixapharm)[**smartbax** $5.5M · Jun 2026](https://millionrounds.com/company/smartbax)[**HMNC Brain Health** $50M · Jun 2026](https://millionrounds.com/company/hmnc-brain-health)

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