Portfolio Company Presentation Series – Formo Bio

Agronomics (LSE: ANIC), a leading listed company in the field of cellular agriculture, is pleased to announce that it will be hosting the fourth presentation in its Capital Markets portfolio series.

The Agronomics' Capital Markets Investor Presentation Series comprises individual presentations from industry-leading companies in the cell culture and precision fermentation sector within the Agronomics portfolio. For each presentation, the portfolio company's management team will provide in-depth insights into the purpose, market demand, technical milestones, and growth strategy of the company, together with a Question & Answer session at the end of the presentation. Agronomics expects to hold, on average, a presentation every eight weeks.

The presentation will include the senior management team at Formo Bio GmbH ("Formo") on 26 September 2024 at 15:00 BST. Attendees are able to register for the event using the following link: https://us02web.zoom.us/webinar/register/WN_xiVZVFEnTnaQMeb6rIAjmg#/registration.

After registering, attendees will receive a confirmation email containing information about joining the webinar.

Formo is an innovative European fermentation startup that is redefining the future of cheese. Founded in 2019, with locations in Berlin and Frankfurt, Formo develops animal-free alternatives that combine taste and sustainability. Using state-of-the-art fermentation technology, Formo creates cheese alternatives that taste great and contribute positively to the environment. Learn more at https://formo.bio/.

Formo recently announced that it has successfully raised US$ 61 million in its Series B funding round which will help the company achieve key milestones, including international expansion, diversifying the product range, driving revenue growth and achieving net profitability by 2027. Formo will also invest in its technology platform to accelerate the commercialisation of animal-free casein products, which will expand the portfolio to include hard cheeses, opening further opportunities in the market.

In addition to the new financing, Formo announced that its first two cheese products Frischhain and Camembritz, are now available at over 2,000 REWE, BILLA and METRO stores across Germany and Austria.

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