IndieBio

IndieBio, established in 2014, is a San Francisco-based accelerator firm specializing in Synthetic Biology. It runs intensive four-month programs for early-stage companies and teams with innovative biological concepts. IndieBio invests in seed and early-stage startups globally, focusing on those that use biology as their core technology to solve real-world problems. The firm typically invests $250k, with an initial cash investment of $50k in exchange for an 8% equity stake. It prefers teams with at least two co-founders. IndieBio was the world's first accelerator dedicated to biology-based startups, aiming to address global challenges through innovative biotechnology.

Arvind Gupta

Founder

Parikshit Sharma

Partner

Past deals in Andes

PunaBio

Series A in 2025
PunaBio is a Buenos Aires-based company that develops biological products aimed at enhancing agricultural productivity through environmentally friendly methods. By utilizing extremophile microorganisms, PunaBio focuses on improving crop nutrition, which contributes to increased yields and better crop quality. Their products are designed to enable farmers to cultivate crops on degraded soils and restore and enrich agricultural land sustainably. This approach not only helps improve farmers' productivity but also promotes sustainable agricultural practices.

Beeflow

Convertible Note in 2023
Beeflow S.A., founded in 2016 and based in Buenos Aires, Argentina, specializes in providing professional pollination services to farmers. The company leverages scientific knowledge and technology to enhance bee populations, developing organic compounds that improve the immune systems of bees and guide them to pollinate specific crops. This approach not only helps increase crop yields—reported to be between 20-90% for various fruits such as blueberries, almonds, raspberries, and kiwifruit—but also addresses the decline in bee populations. By focusing on the health and efficiency of bees, Beeflow aims to maintain the security of plant ecosystems and support sustainable agriculture practices.

Michroma

Seed Round in 2023
Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi through a fermentation process. Founded in 2019 and based in both San Francisco, California, and Rosario, Argentina, Michroma aims to replace synthetic pigments and those sourced from animals and plants with sustainable, naturally produced alternatives. The company harnesses synthetic biology to develop proprietary fungal strains that generate high-performance ingredients in bioreactors. Currently, Michroma is prototyping its innovative pH-stable and heat-stable food colorants in collaboration with leading food and beverage and cosmetic companies. Additionally, the company is exploring the production of mycoprotein and other ingredients, making strides in the sustainable ingredients market.

Michroma

Seed Round in 2022
Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi through a fermentation process. Founded in 2019 and based in both San Francisco, California, and Rosario, Argentina, Michroma aims to replace synthetic pigments and those sourced from animals and plants with sustainable, naturally produced alternatives. The company harnesses synthetic biology to develop proprietary fungal strains that generate high-performance ingredients in bioreactors. Currently, Michroma is prototyping its innovative pH-stable and heat-stable food colorants in collaboration with leading food and beverage and cosmetic companies. Additionally, the company is exploring the production of mycoprotein and other ingredients, making strides in the sustainable ingredients market.

PunaBio

Seed Round in 2022
PunaBio is a Buenos Aires-based company that develops biological products aimed at enhancing agricultural productivity through environmentally friendly methods. By utilizing extremophile microorganisms, PunaBio focuses on improving crop nutrition, which contributes to increased yields and better crop quality. Their products are designed to enable farmers to cultivate crops on degraded soils and restore and enrich agricultural land sustainably. This approach not only helps improve farmers' productivity but also promotes sustainable agricultural practices.

PunaBio

Convertible Note in 2021
PunaBio is a Buenos Aires-based company that develops biological products aimed at enhancing agricultural productivity through environmentally friendly methods. By utilizing extremophile microorganisms, PunaBio focuses on improving crop nutrition, which contributes to increased yields and better crop quality. Their products are designed to enable farmers to cultivate crops on degraded soils and restore and enrich agricultural land sustainably. This approach not only helps improve farmers' productivity but also promotes sustainable agricultural practices.

Beeflow

Series A in 2021
Beeflow S.A., founded in 2016 and based in Buenos Aires, Argentina, specializes in providing professional pollination services to farmers. The company leverages scientific knowledge and technology to enhance bee populations, developing organic compounds that improve the immune systems of bees and guide them to pollinate specific crops. This approach not only helps increase crop yields—reported to be between 20-90% for various fruits such as blueberries, almonds, raspberries, and kiwifruit—but also addresses the decline in bee populations. By focusing on the health and efficiency of bees, Beeflow aims to maintain the security of plant ecosystems and support sustainable agriculture practices.

NotCo

Series C in 2020
NotCo is a food technology company based in Macul, Chile, founded in 2015. The company specializes in producing plant-based alternatives to traditional animal products, including mayonnaise, milk, yogurt, dressings, and desserts. By leveraging artificial intelligence, NotCo recreates the taste, texture, color, and aroma of animal-based products using ingredients such as pineapple, coconut, cabbage, peas, bamboo, beets, chickpeas, and seeds. This innovative approach not only provides consumers with plant-based options but also offers manufacturers a new source of fiber, calcium, and protein derived from vegetables. NotCo distributes its products through retailers in Chile, aiming to transform food systems and promote sustainable consumption.

Michroma

Seed Round in 2019
Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi through a fermentation process. Founded in 2019 and based in both San Francisco, California, and Rosario, Argentina, Michroma aims to replace synthetic pigments and those sourced from animals and plants with sustainable, naturally produced alternatives. The company harnesses synthetic biology to develop proprietary fungal strains that generate high-performance ingredients in bioreactors. Currently, Michroma is prototyping its innovative pH-stable and heat-stable food colorants in collaboration with leading food and beverage and cosmetic companies. Additionally, the company is exploring the production of mycoprotein and other ingredients, making strides in the sustainable ingredients market.

NotCo

Series B in 2019
NotCo is a food technology company based in Macul, Chile, founded in 2015. The company specializes in producing plant-based alternatives to traditional animal products, including mayonnaise, milk, yogurt, dressings, and desserts. By leveraging artificial intelligence, NotCo recreates the taste, texture, color, and aroma of animal-based products using ingredients such as pineapple, coconut, cabbage, peas, bamboo, beets, chickpeas, and seeds. This innovative approach not only provides consumers with plant-based options but also offers manufacturers a new source of fiber, calcium, and protein derived from vegetables. NotCo distributes its products through retailers in Chile, aiming to transform food systems and promote sustainable consumption.

Beeflow

Pre Seed Round in 2017
Beeflow S.A., founded in 2016 and based in Buenos Aires, Argentina, specializes in providing professional pollination services to farmers. The company leverages scientific knowledge and technology to enhance bee populations, developing organic compounds that improve the immune systems of bees and guide them to pollinate specific crops. This approach not only helps increase crop yields—reported to be between 20-90% for various fruits such as blueberries, almonds, raspberries, and kiwifruit—but also addresses the decline in bee populations. By focusing on the health and efficiency of bees, Beeflow aims to maintain the security of plant ecosystems and support sustainable agriculture practices.

NotCo

Series A in 2017
NotCo is a food technology company based in Macul, Chile, founded in 2015. The company specializes in producing plant-based alternatives to traditional animal products, including mayonnaise, milk, yogurt, dressings, and desserts. By leveraging artificial intelligence, NotCo recreates the taste, texture, color, and aroma of animal-based products using ingredients such as pineapple, coconut, cabbage, peas, bamboo, beets, chickpeas, and seeds. This innovative approach not only provides consumers with plant-based options but also offers manufacturers a new source of fiber, calcium, and protein derived from vegetables. NotCo distributes its products through retailers in Chile, aiming to transform food systems and promote sustainable consumption.

NotCo

Seed Round in 2017
NotCo is a food technology company based in Macul, Chile, founded in 2015. The company specializes in producing plant-based alternatives to traditional animal products, including mayonnaise, milk, yogurt, dressings, and desserts. By leveraging artificial intelligence, NotCo recreates the taste, texture, color, and aroma of animal-based products using ingredients such as pineapple, coconut, cabbage, peas, bamboo, beets, chickpeas, and seeds. This innovative approach not only provides consumers with plant-based options but also offers manufacturers a new source of fiber, calcium, and protein derived from vegetables. NotCo distributes its products through retailers in Chile, aiming to transform food systems and promote sustainable consumption.
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