How fermentation is changing the cheese game

The global dairy industry faces significant environmental and ethical challenges, as traditional dairy farming contributes heavily to greenhouse gas emissions, water consumption, and land degradation. With the growing consumer demand for sustainable and ethical food options, the need for innovative alternatives is more urgent than ever. Formo is working to address the issues arriving from dairy farming through the animal-free development of cheese alternatives which replicate traditionally produced dairy products but without the environmental drawbacks.

Innovative technology with a dual approach

Formo’s innovation lies in its dual technology platform, which combines micro fermentation and precision fermentation to create high-quality dairy proteins. Micro fermentation uses naturally occurring microorganisms to produce food ingredients without genetic modification, enabling the production of highly functional proteins like koji. These proteins form the foundation for Formo’s cheese alternatives, offering a new way to enjoy dairy products.

The second pillar of Formo’s technology is precision fermentation. This process involves inserting genes responsible for dairy protein production into microorganisms such as yeast or bacteria. These microorganisms are then fermented to produce dairy proteins, which are extracted, purified, and combined with other ingredients to replicate the taste and texture of traditional cheese. This method not only reduces greenhouse gas emissions but also minimizes water usage and land degradation, making it a truly sustainable solution.

Partnering for growth

Happiness Capital’s investment in Formo has been instrumental in driving the company’s success. Recognizing the transformative potential of Formo’s technology, Happiness Capital provided critical financial support and strategic guidance, helping Formo scale its operations and navigate the complexities of biotech innovation. This partnership has enabled Formo to refine its technology, expand its market reach, and bring its products to consumers on a large scale.

Beyond financial investment, Happiness Capital offered valuable connections that have been crucial in Formo’s journey. These connections facilitated commercial agreements with leading European retailers and a global wholesale chain, positioning Formo as a leader in the animal- free dairy industry.

Charting the course ahead

Since its inception, Formo has achieved significant milestones, including the successful development and commercialization of its cheese products. Market tests revealed that over 80% of consumers could not distinguish Formo’s cheese from traditional dairy, a testament to the effectiveness of their innovative approach. These successes have paved the way for Formo’s ambitious growth plans, including the launch of its first micro-fermented product generation in Summer 2024, with expansions into Austria, Switzerland, and the United States on the horizon.

Looking ahead, Formo is focused on scaling its production capabilities and entering new markets, all while maintaining its commitment to sustainability and ethical food production. With the continued support of Happiness Capital, Formo is poised to make a global impact, driving the future of dairy toward a more sustainable and ethical model.