German Food-Tech Startup Targets Food Security With €35M Capital Injection
By Gerelyn Terzo, Global AgInvesting Media Formo, a Berlin, Germany-based food biotech company, has clinched EUR 35 million (US$36 million) in a quasi-equity venture debt loan from the European Investment Bank (EIB). The funding, which was provided as part of the InvestEU program, will help the company to scale its fermentation processes for alternatives to […]
