# Formatech: Biotechnology, Andover, United States

> Formatech: Forma is building photorealistic avatars that are a dynamic and deeply personal form for people’s online identity. Based in Andover, United States.

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

United States · [Biotechnology startup](https://millionrounds.com/companies)

# Formatech

Forma is building photorealistic avatars that are a dynamic and deeply personal form for people’s online identity.

Funding reported Last round: Seed

Biotechnology Andover, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** $7.0M in dollars
- **Last round:** Seed Jan 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Formatech has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Formatech raised

Funding, as reported

Reported in all **$7.0M** in dollars

Rounds **2**

Last round **Seed**

Last round date **Jan 2020**

Investors listed **9**

## Founders and team

From Formatech's own website: 4 on the team.

- **Bank Audi** Manager
- **Byblos Bank** Manager
- **First National Bank** Manager
- **Official Manuals** Certificate of Completion from Formatech/International partner

## Biotechnology in United States

Startups like it

- [**Sojournix** Waltham · founded 2016 *Raised*](https://millionrounds.com/company/sojournix)
- [**Receptor Life Sciences** Seattle · founded 2017 *Raised*](https://millionrounds.com/company/receptor-life-sciences)
- [**Attune Pharmaceuticals** New York · founded 2018 *Raised*](https://millionrounds.com/company/attune-pharmaceuticals)
- [**AbbVie** North Chicago · founded 2012](https://millionrounds.com/startup/abbvie-2)
- [**Grail** Menlo Park · founded 2015](https://millionrounds.com/startup/grail-3)
- [**EQRx** Cambridge · founded 2019](https://millionrounds.com/startup/eqrx)
- [**Cerevel Therapeutics** Boston · founded 2018](https://millionrounds.com/startup/cerevel-therapeutics)
- [**Royalty Pharma** New York · founded 1996](https://millionrounds.com/startup/royalty-pharma)

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