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 CleanTech

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.

ClimateCrop

Seed Round in 2022
ClimateCrop technologies allow plants to store more carbon and energy, resulting in increased yields in biomass or fruit states. Founded in 2021 and is based in Ness Ziona.

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.

ClimateCrop

Seed Round in 2021
ClimateCrop technologies allow plants to store more carbon and energy, resulting in increased yields in biomass or fruit states. Founded in 2021 and is based in Ness Ziona.

ClimateCrop

Convertible Note in 2021
ClimateCrop technologies allow plants to store more carbon and energy, resulting in increased yields in biomass or fruit states. Founded in 2021 and is based in Ness Ziona.

Solid Ox Motors

Seed Round in 2021
Solid Ox Motors offers carbon-neutral onboard generators for battery electric vehicle.

microTERRA

Seed Round in 2021
microTERRA creates sustainable protein for farmers in LATAM. Protein is the largest cost to farmers, representing 70% of their total spend. By combining hardware and biotech, microTERRA develops microalgae systems that transform wastewater into a sustainable protein and clean water. Our first customers are fish farms. We transform their wastewater into fish feed, onsite, lowering their production costs, producing protein sustainably and cleaning the water.

Jointechlabs

Pre Seed Round in 2021
JointechLabs, Inc. is a company focused on enhancing access to cell-based therapies for healthcare providers and patients. Based in Mount Prospect, Illinois, the company has developed the Mini-Stem System, a closed disposable kit designed for the processing and extraction of stromal vascular cell fractions from human tissue. This innovative medical device allows for the efficient preparation of high-quality injectable fat grafts and fat-derived stem cells, facilitating on-site access to optimized adipose-derived stromal cells (ADSC). By streamlining the process of individualized cell and tissue-based therapies, JointechLabs aims to make these advanced treatments more accessible and cost-effective for use in hospitals, clinics, and local medical offices. Since its incorporation in 2012, the company has been dedicated to improving the efficacy and availability of cell therapies in clinical settings.

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.

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.

Beemmunity

Pre Seed Round in 2021
Pesticide protection for bees.

Beemmunity

Convertible Note in 2021
Pesticide protection for bees.

Lux Bio

Convertible Note in 2021
Lux Bio operates a bioluminescent light platform that harnesses the natural light produced by living organisms through biochemical reactions. The company focuses on developing innovative, eco-friendly lighting solutions that utilize engineered proteins derived from plants and animals, enhancing their performance for commercial use. By leveraging clean technology, Lux Bio aims to offer sustainable lighting options while preventing toxic chemical waste from contaminating oceans. Their flagship product, the Nyoka Light Wand, exemplifies this mission by providing a non-toxic alternative to traditional glow sticks, showcasing the potential of bioluminescence in everyday applications.

Lux Bio

Seed Round in 2021
Lux Bio operates a bioluminescent light platform that harnesses the natural light produced by living organisms through biochemical reactions. The company focuses on developing innovative, eco-friendly lighting solutions that utilize engineered proteins derived from plants and animals, enhancing their performance for commercial use. By leveraging clean technology, Lux Bio aims to offer sustainable lighting options while preventing toxic chemical waste from contaminating oceans. Their flagship product, the Nyoka Light Wand, exemplifies this mission by providing a non-toxic alternative to traditional glow sticks, showcasing the potential of bioluminescence in everyday applications.

Lux Bio

Pre Seed Round in 2021
Lux Bio operates a bioluminescent light platform that harnesses the natural light produced by living organisms through biochemical reactions. The company focuses on developing innovative, eco-friendly lighting solutions that utilize engineered proteins derived from plants and animals, enhancing their performance for commercial use. By leveraging clean technology, Lux Bio aims to offer sustainable lighting options while preventing toxic chemical waste from contaminating oceans. Their flagship product, the Nyoka Light Wand, exemplifies this mission by providing a non-toxic alternative to traditional glow sticks, showcasing the potential of bioluminescence in everyday applications.

Beemmunity

Pre Seed Round in 2021
Pesticide protection for bees.

microTERRA

Convertible Note in 2021
microTERRA creates sustainable protein for farmers in LATAM. Protein is the largest cost to farmers, representing 70% of their total spend. By combining hardware and biotech, microTERRA develops microalgae systems that transform wastewater into a sustainable protein and clean water. Our first customers are fish farms. We transform their wastewater into fish feed, onsite, lowering their production costs, producing protein sustainably and cleaning the water.

microTERRA

Seed Round in 2021
microTERRA creates sustainable protein for farmers in LATAM. Protein is the largest cost to farmers, representing 70% of their total spend. By combining hardware and biotech, microTERRA develops microalgae systems that transform wastewater into a sustainable protein and clean water. Our first customers are fish farms. We transform their wastewater into fish feed, onsite, lowering their production costs, producing protein sustainably and cleaning the water.

microTERRA

Pre Seed Round in 2020
microTERRA creates sustainable protein for farmers in LATAM. Protein is the largest cost to farmers, representing 70% of their total spend. By combining hardware and biotech, microTERRA develops microalgae systems that transform wastewater into a sustainable protein and clean water. Our first customers are fish farms. We transform their wastewater into fish feed, onsite, lowering their production costs, producing protein sustainably and cleaning the water.

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.

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.

Scindo

Convertible Note in 2020
Scindo is a cleantech start-up harnessing the power of enzymes to recycle the unrecyclables. We are targeting plastics that cannot be efficiently recycled with current methodologies, to turn them into high-value molecules that can be used in a plethora of industries. We are creating a more circular economy for plastics by developing an alternative to landfills and incineration.

Scindo

Seed Round in 2020
Scindo is a cleantech start-up harnessing the power of enzymes to recycle the unrecyclables. We are targeting plastics that cannot be efficiently recycled with current methodologies, to turn them into high-value molecules that can be used in a plethora of industries. We are creating a more circular economy for plastics by developing an alternative to landfills and incineration.

Membio

Seed Round in 2020
Developing hardware for manufacturing next-generation medicines.

Carbix

Seed Round in 2020
Carbix transforms atmospheric carbon dioxide into carbonates to build industrial products. Its novel bioreactor takes enriched CO2 from power and cement plants and in just hours converts it into cement and aggregates for the $900 billion construction industry, and home and yard goods for consumers looking to support the environment with their purchasing power. Carbix can sell state and federal carbon credits as a result of their impact on industrial emissions.

Carbix

Convertible Note in 2020
Carbix transforms atmospheric carbon dioxide into carbonates to build industrial products. Its novel bioreactor takes enriched CO2 from power and cement plants and in just hours converts it into cement and aggregates for the $900 billion construction industry, and home and yard goods for consumers looking to support the environment with their purchasing power. Carbix can sell state and federal carbon credits as a result of their impact on industrial emissions.

Membio

Seed Round in 2020
Developing hardware for manufacturing next-generation medicines.

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.

Electro-Active Technologies

Seed Round in 2020
Electro-Active Technologies LLC, founded in 2017 and based in Knoxville, Tennessee, specializes in developing modular systems that convert organic waste into renewable hydrogen. The company employs advanced microbial and electrochemical processes to effectively degrade organic materials, generating electrons and protons that facilitate hydrogen production. By transforming waste into valuable renewable products, Electro-Active Technologies aims to enhance sustainability for businesses and communities, allowing them to derive additional value from their waste resources.

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.

Membio

Seed Round in 2019
Developing hardware for manufacturing next-generation medicines.

Electro-Active Technologies

Seed Round in 2019
Electro-Active Technologies LLC, founded in 2017 and based in Knoxville, Tennessee, specializes in developing modular systems that convert organic waste into renewable hydrogen. The company employs advanced microbial and electrochemical processes to effectively degrade organic materials, generating electrons and protons that facilitate hydrogen production. By transforming waste into valuable renewable products, Electro-Active Technologies aims to enhance sustainability for businesses and communities, allowing them to derive additional value from their waste resources.

Jointech

Seed Round in 2018
Thecompany's main business covers three major remote asset management segments,including: 1. online vehicle and fuel consumption monitoring and management services,for vehicle operator companies who concern fuel consumption and vehicleposition; 2.the whole process of container and cargo monitoring and management ,for clients who have great concern to the cargo security and transportation; 3.remotemonitoring and operation of network services, for the energy and powerequipment manufacturing and maintaining company.

Calyx

Seed Round in 2018
Calyx is a material science and Internet of Things (IoT) platform company that leverages biological principles to develop low-cost and highly accurate sensors for real-time detection and analysis of air chemicals. Founded in 2014 and rebranded from BioInspira in 2019, Calyx serves various sectors, including industrial safety, healthcare, transportation, and food markets. The company's innovative sensor technology is designed to enhance monitoring applications, including health and air quality assessments, along with ensuring safety in natural gas infrastructure. Based in Berkeley, California, Calyx is focused on providing solutions that improve safety and efficiency across multiple industries.

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.

Jointechlabs

Seed Round in 2018
JointechLabs, Inc. is a company focused on enhancing access to cell-based therapies for healthcare providers and patients. Based in Mount Prospect, Illinois, the company has developed the Mini-Stem System, a closed disposable kit designed for the processing and extraction of stromal vascular cell fractions from human tissue. This innovative medical device allows for the efficient preparation of high-quality injectable fat grafts and fat-derived stem cells, facilitating on-site access to optimized adipose-derived stromal cells (ADSC). By streamlining the process of individualized cell and tissue-based therapies, JointechLabs aims to make these advanced treatments more accessible and cost-effective for use in hospitals, clinics, and local medical offices. Since its incorporation in 2012, the company has been dedicated to improving the efficacy and availability of cell therapies in clinical settings.

Jointech

Seed Round in 2017
Thecompany's main business covers three major remote asset management segments,including: 1. online vehicle and fuel consumption monitoring and management services,for vehicle operator companies who concern fuel consumption and vehicleposition; 2.the whole process of container and cargo monitoring and management ,for clients who have great concern to the cargo security and transportation; 3.remotemonitoring and operation of network services, for the energy and powerequipment manufacturing and maintaining company.

ViaeX

Convertible Note in 2016
ViaeX Technologies Inc. specializes in the development and manufacturing of bio-engineered nano-membrane technology solutions aimed at purifying water and air. The company offers innovative biological nanofiltration systems that are significantly more efficient than traditional methods, enabling selective targeting of pollutants and bacteria. These biodegradable and cost-effective systems are designed for rapid scalability, making them suitable for deployment in urban areas facing severe pollution challenges. ViaeX's technology has evolved from extensive research conducted at prestigious institutions, allowing it to address critical issues related to water and air pollution, which contribute to millions of deaths and significant economic losses annually. The company serves a diverse range of clients, including municipalities, governments, and industries worldwide, providing environmentally friendly filtration solutions that enhance energy efficiency and sustainability.

ViaeX

Seed Round in 2016
ViaeX Technologies Inc. specializes in the development and manufacturing of bio-engineered nano-membrane technology solutions aimed at purifying water and air. The company offers innovative biological nanofiltration systems that are significantly more efficient than traditional methods, enabling selective targeting of pollutants and bacteria. These biodegradable and cost-effective systems are designed for rapid scalability, making them suitable for deployment in urban areas facing severe pollution challenges. ViaeX's technology has evolved from extensive research conducted at prestigious institutions, allowing it to address critical issues related to water and air pollution, which contribute to millions of deaths and significant economic losses annually. The company serves a diverse range of clients, including municipalities, governments, and industries worldwide, providing environmentally friendly filtration solutions that enhance energy efficiency and sustainability.

BlueTurtleBio Technologies

Seed Round in 2015
BlueTurtleBio Technologies creates a next generation therapeutic using a patent pending platform technology. The company's mission is the golden triangle of healthcare: safety, effectiveness and affordability. Most healthcare options miss one or more of these standards. At Blue Turtle, they plan to recruit a genetically malleable and easily replenishable organ in the human body: the microbiome.
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