IndieBio

IndieBio is an accelerator firm established in 2014 and based in San Francisco, California, with an additional office in New York. It specializes in startups that utilize synthetic biology to address significant global challenges. IndieBio runs four-month accelerator programs aimed at both companies and teams with innovative ideas, focusing on seed-stage and early-stage investments. The firm typically invests $250,000, providing $50,000 in exchange for eight percent equity in biotech startups, with the possibility of an additional $25,000 as a convertible loan note. IndieBio prioritizes investments in businesses that leverage biology as the core of their technology, particularly in life sciences, biotechnology, and related fields. The firm favors teams with a minimum of two co-founders and is open to investing in startups from various geographical locations.

Alexander Hall-Daniels

Associate

Parikshit Sharma

Partner

Past deals in Wood Processing

Re-Fresh Global

Seed Round in 2023
Provider of textile waste management technology intended to solve the problem of textile waste with a patented method. The company initiates and implements circular economy projects, training, and international cooperation programs, enabling users to use smart collection, separation, and low-cost upcycling of large volumes of low-value textile waste.

Mirá Biotech

Seed Round in 2022
Mirá Biotech is a biotechnology company focused on the development of sustainable, formaldehyde-free engineered wood products. By utilizing waste materials, such as sugar cane bagasse, the company aims to create all-natural alternatives to traditional wood boards, thereby promoting a circular economy. This innovative approach not only eliminates the need for tree harvesting but also contributes to sustainable industrial practices, positioning Mirá Biotech as a leader in environmentally friendly manufacturing solutions.

MAA'VA

Seed Round in 2022
MAA'VA focuses on recycling plastic to create sustainable building materials that can replace traditional concrete. The company aims to address environmental challenges such as plastic waste, water scarcity, and climate change by developing eco-friendly materials from recycled plastics and upcycled manufacturing waste. By incorporating carbon sequestration techniques, MAA'VA produces durable construction materials that cater to the growing demand for housing while promoting sustainable practices. Their offerings support both conventional and 3D printing construction methods, providing clients with innovative solutions that contribute to a greener future.

OzoneBio

Seed Round in 2022
OzoneBio is a cleantech company that focuses on lignocellulosic waste-derived bio-plastics production. In its workflow, they utilize the unique technology of dead cell fermentation («Zombie cells») that allows them to convert challenging/toxic feedstocks into high-value products and avoid significant expenses and complications related to live-cell fermentation. OzoneBio was founded in 2021 and is headquartered in Toronto, Canada.

Tômtex

Pre Seed Round in 2022
Tômtex is a developer of sustainable, bio-based materials that aim to reduce environmental impacts by utilizing food waste. The company specializes in creating alternatives to faux and animal leather, using natural biodegradable sources such as shellfish waste, mushrooms, and coffee grounds. By providing these innovative materials, Tômtex enables businesses to lower their greenhouse gas emissions and minimize their carbon footprint, contributing to a more sustainable future. The focus on 100% naturally bio-based products aligns with the growing demand for eco-friendly solutions in various industries.

Tidal Vision

Venture Round in 2021
Tidal Vision Inc. is a company based in Ferndale, Washington, that focuses on manufacturing sustainable products derived from ocean waste, such as salmon skin and discarded crab shells. Founded in 2015, Tidal Vision offers a range of innovative products, including Alaska Salmon leather items like wallets, belts, shoes, and boots. Additionally, the company produces a variety of chitin and chitosan-based products, which serve multiple purposes, such as a fining agent for clarifying beverages, water treatment solutions, and antimicrobial applications. Other offerings include Crystal Clarity, a water clarifier for pools and spas, Game Meat Protector to prevent spoilage, High Tide, a natural shellfish extract, Tidal Grow, an all-purpose plant food, and Tidal Scrub, a sponge designed to eliminate germs and odors. Through its commitment to sustainability, Tidal Vision is positioned at the intersection of biotechnology and manufacturing.

Lingrove

Series A in 2021
Lingrove, LLC, founded in 2014 and based in San Francisco, California, specializes in manufacturing bio-composite materials aimed at addressing the diminishing supply of traditional wood. The company produces Ekoa, a high-performance natural fiber composite made from flax linen fibers and resin derived from industrial waste. Ekoa is utilized in various applications, including the production of guitars and other musical instruments, as well as in commercial interiors, transportation, and construction. Lingrove's innovative products are designed to mimic the appearance of wood while being plant-based and non-wood, thereby contributing to the reduction of deforestation and minimizing embodied carbon in buildings. By offering sustainable, carbon-negative solutions, Lingrove supports industries such as furniture, transportation, music, and sports in creating products that meet performance standards while promoting environmental responsibility.

OzoneBio

Convertible Note in 2021
OzoneBio is a cleantech company that focuses on lignocellulosic waste-derived bio-plastics production. In its workflow, they utilize the unique technology of dead cell fermentation («Zombie cells») that allows them to convert challenging/toxic feedstocks into high-value products and avoid significant expenses and complications related to live-cell fermentation. OzoneBio was founded in 2021 and is headquartered in Toronto, Canada.

OzoneBio

Seed Round in 2021
OzoneBio is a cleantech company that focuses on lignocellulosic waste-derived bio-plastics production. In its workflow, they utilize the unique technology of dead cell fermentation («Zombie cells») that allows them to convert challenging/toxic feedstocks into high-value products and avoid significant expenses and complications related to live-cell fermentation. OzoneBio was founded in 2021 and is headquartered in Toronto, Canada.

Lingrove

Convertible Note in 2021
Lingrove, LLC, founded in 2014 and based in San Francisco, California, specializes in manufacturing bio-composite materials aimed at addressing the diminishing supply of traditional wood. The company produces Ekoa, a high-performance natural fiber composite made from flax linen fibers and resin derived from industrial waste. Ekoa is utilized in various applications, including the production of guitars and other musical instruments, as well as in commercial interiors, transportation, and construction. Lingrove's innovative products are designed to mimic the appearance of wood while being plant-based and non-wood, thereby contributing to the reduction of deforestation and minimizing embodied carbon in buildings. By offering sustainable, carbon-negative solutions, Lingrove supports industries such as furniture, transportation, music, and sports in creating products that meet performance standards while promoting environmental responsibility.

MycoWorks

Series B in 2020
MycoWorks LLC specializes in the research, design, and manufacturing of sustainable leather alternatives derived from natural mycelium. Established in 2013 and based in San Francisco, the company produces a proprietary material called Reishi, which is water-resistant and customizable in texture and features. Reishi is designed to mimic the performance and feel of traditional leather while being animal-free and environmentally friendly. MycoWorks employs a unique platform known as Fine Mycelium to create this innovative biomaterial, which boasts qualities such as strength, durability, and biodegradability. The company aims to provide natural alternatives to conventional materials like plastic foams, textiles, and leather, catering to industries such as aerospace, automotive, apparel, and architectural interiors. Through its carbon-negative production process, MycoWorks offers a rapidly grown solution that aligns with sustainable design principles.

Bucha Bio

Convertible Note in 2020
Bucha Bio creates a novel biomaterial grown from infinitely renewable bacterial-nanocellulose. Strands of natural fibers interlock to form a high-performance textile with a luxuriously soft handfeel. Produced in weeks rather than months or years, use it in premium applications instead of animal leather, polyurethane, latex, vinyl, and so much more. Creating a reliable material is our goal, adding plastics and petrochemicals like PU polyurethane would make it easy, but we’ve never taken the easy way out. Committed to sustainability, Bucha Bio’s team is dedicated to creating a completely biodegradable textile that enables the next generation of designers to create products for a more sustainable future. Our biomaterial is water-resistant, scratch-resistant, sunlight-resistant, flame-resistant, and so many more reasons to test it out in your next product.

Bucha Bio

Seed Round in 2020
Bucha Bio creates a novel biomaterial grown from infinitely renewable bacterial-nanocellulose. Strands of natural fibers interlock to form a high-performance textile with a luxuriously soft handfeel. Produced in weeks rather than months or years, use it in premium applications instead of animal leather, polyurethane, latex, vinyl, and so much more. Creating a reliable material is our goal, adding plastics and petrochemicals like PU polyurethane would make it easy, but we’ve never taken the easy way out. Committed to sustainability, Bucha Bio’s team is dedicated to creating a completely biodegradable textile that enables the next generation of designers to create products for a more sustainable future. Our biomaterial is water-resistant, scratch-resistant, sunlight-resistant, flame-resistant, and so many more reasons to test it out in your next product.

Khepra

Seed Round in 2020
Khepra uses proprietary technology and excess renewable electricity to break down plastics and agricultural waste. The company applies ultrasonic technology to breaking waste streams into drop-in fuels in a novel, completely electrified process. This process is used as a method to use excess solar and wind energy during curtailment and provide clean energy generation during times of low generation. The company is operating in San Francisco, California.

Khepra

Convertible Note in 2020
Khepra uses proprietary technology and excess renewable electricity to break down plastics and agricultural waste. The company applies ultrasonic technology to breaking waste streams into drop-in fuels in a novel, completely electrified process. This process is used as a method to use excess solar and wind energy during curtailment and provide clean energy generation during times of low generation. The company is operating in San Francisco, California.

Chi Botanic

Convertible Note in 2020
Chi Botanic is a plant cell company that provides synthetic biology pipeline to leverage the power of the plant cell. Chi Botanic's technology called plant cell agriculture, creates end products, in bioreactors, without any of the waste such as aloe, natural rubber, and citrus oils, to turn plants into plant cells to make products, allowing users to change the way plant cells are grown. Chi Botanic was founded in 2017.

Primitives

Convertible Note in 2019
Primitives is a public benefit company that solves plastic pollution. The company creates materials and tools to alleviate petroleum plastics. It was founded in 2019 and is headquartered in San Francisco, California.

Primitives

Seed Round in 2019
Primitives is a public benefit company that solves plastic pollution. The company creates materials and tools to alleviate petroleum plastics. It was founded in 2019 and is headquartered in San Francisco, California.

Chi Botanic

Pre Seed Round in 2019
Chi Botanic is a plant cell company that provides synthetic biology pipeline to leverage the power of the plant cell. Chi Botanic's technology called plant cell agriculture, creates end products, in bioreactors, without any of the waste such as aloe, natural rubber, and citrus oils, to turn plants into plant cells to make products, allowing users to change the way plant cells are grown. Chi Botanic was founded in 2017.

MycoWorks

Series A in 2019
MycoWorks LLC specializes in the research, design, and manufacturing of sustainable leather alternatives derived from natural mycelium. Established in 2013 and based in San Francisco, the company produces a proprietary material called Reishi, which is water-resistant and customizable in texture and features. Reishi is designed to mimic the performance and feel of traditional leather while being animal-free and environmentally friendly. MycoWorks employs a unique platform known as Fine Mycelium to create this innovative biomaterial, which boasts qualities such as strength, durability, and biodegradability. The company aims to provide natural alternatives to conventional materials like plastic foams, textiles, and leather, catering to industries such as aerospace, automotive, apparel, and architectural interiors. Through its carbon-negative production process, MycoWorks offers a rapidly grown solution that aligns with sustainable design principles.

Oakbio

Seed Round in 2018
Oakbio creates technologies that transform carbon emissions from harmful waste into high value products. Oakbio is a “Carbon Capture and Utilization/Conversion” (CCU) company. Our Vision is to profitably convert CO2 and other green house gases (GHGs) into valuable products. Unlike other companies who are producing relatively low value biofuels, Oakbio is focused on renewable products that are inherently valuable and profitable in and of themselves, with or without a carbon tax or subsidy. Oakbio’s core competency is its deep understanding of microbial metabolism and pathways, and its proven technology platforms. Oakbio’s business model is to partner with established industrial businesses to develop low capex/opex carbon capture and utilization biofactories based on Oakbio’s core technologies.

Lingrove

Seed Round in 2018
Lingrove, LLC, founded in 2014 and based in San Francisco, California, specializes in manufacturing bio-composite materials aimed at addressing the diminishing supply of traditional wood. The company produces Ekoa, a high-performance natural fiber composite made from flax linen fibers and resin derived from industrial waste. Ekoa is utilized in various applications, including the production of guitars and other musical instruments, as well as in commercial interiors, transportation, and construction. Lingrove's innovative products are designed to mimic the appearance of wood while being plant-based and non-wood, thereby contributing to the reduction of deforestation and minimizing embodied carbon in buildings. By offering sustainable, carbon-negative solutions, Lingrove supports industries such as furniture, transportation, music, and sports in creating products that meet performance standards while promoting environmental responsibility.

Lingrove

Pre Seed Round in 2017
Lingrove, LLC, founded in 2014 and based in San Francisco, California, specializes in manufacturing bio-composite materials aimed at addressing the diminishing supply of traditional wood. The company produces Ekoa, a high-performance natural fiber composite made from flax linen fibers and resin derived from industrial waste. Ekoa is utilized in various applications, including the production of guitars and other musical instruments, as well as in commercial interiors, transportation, and construction. Lingrove's innovative products are designed to mimic the appearance of wood while being plant-based and non-wood, thereby contributing to the reduction of deforestation and minimizing embodied carbon in buildings. By offering sustainable, carbon-negative solutions, Lingrove supports industries such as furniture, transportation, music, and sports in creating products that meet performance standards while promoting environmental responsibility.

MycoWorks

Seed Round in 2016
MycoWorks LLC specializes in the research, design, and manufacturing of sustainable leather alternatives derived from natural mycelium. Established in 2013 and based in San Francisco, the company produces a proprietary material called Reishi, which is water-resistant and customizable in texture and features. Reishi is designed to mimic the performance and feel of traditional leather while being animal-free and environmentally friendly. MycoWorks employs a unique platform known as Fine Mycelium to create this innovative biomaterial, which boasts qualities such as strength, durability, and biodegradability. The company aims to provide natural alternatives to conventional materials like plastic foams, textiles, and leather, catering to industries such as aerospace, automotive, apparel, and architectural interiors. Through its carbon-negative production process, MycoWorks offers a rapidly grown solution that aligns with sustainable design principles.

Pembient

Pre Seed Round in 2015
Pembient, Inc. is a biotechnology company founded in 2015 and based in Seattle, Washington. The company focuses on producing synthetic wildlife products, specifically rhino horn and elephant ivory, using advanced biotechnological methods. Pembient creates these products at lower prices than those that drive poaching, aiming to disrupt the illegal wildlife trade, which is valued at approximately $20 billion and ranks among the largest black markets globally. In addition to rhino horn and ivory, Pembient also manufactures carvable horns suitable for crafting durable goods such as jewelry, libation cups, and chopsticks. By providing sustainable alternatives, Pembient seeks to support wildlife organizations in their efforts to combat poaching and promote conservation.
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