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 Pulp and Paper

Prellis Biologics

Series C in 2022
Prellis Biologics is building human tissues for drug development, and ultimately, developing human organs for transplantation. Bioprinting vascularized human tissue and organs will revolutionize healthcare. Prellis Biologics'​ technology leverages massive gains in print speed and resolution to break the microvasculature barrier.

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.

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.

PunaBio

Pre Seed Round 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.

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.

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.

Prellis Biologics

Convertible Note in 2020
Prellis Biologics is building human tissues for drug development, and ultimately, developing human organs for transplantation. Bioprinting vascularized human tissue and organs will revolutionize healthcare. Prellis Biologics'​ technology leverages massive gains in print speed and resolution to break the microvasculature barrier.

Prellis Biologics

Series A in 2019
Prellis Biologics is building human tissues for drug development, and ultimately, developing human organs for transplantation. Bioprinting vascularized human tissue and organs will revolutionize healthcare. Prellis Biologics'​ technology leverages massive gains in print speed and resolution to break the microvasculature barrier.

Decomer Technology

Seed Round in 2019
Decomer Technology OÜ specializes in the development and manufacturing of water-soluble and edible packaging materials. Founded in 2017 and based in Tartu, Estonia, the company aims to provide eco-friendly alternatives to traditional plastic packaging. Its innovative products are designed for various industries, including food, pharmaceuticals, agriculture, and detergents. Notably, Decomer Technology offers honeydrops, a convenient water-soluble packaging for honey that enhances usability in beverages. The company's materials are plant-based, dissolve in water, and are composed of natural components that can be easily composted, supporting sustainable practices in packaging.

Prellis Biologics

Convertible Note in 2018
Prellis Biologics is building human tissues for drug development, and ultimately, developing human organs for transplantation. Bioprinting vascularized human tissue and organs will revolutionize healthcare. Prellis Biologics'​ technology leverages massive gains in print speed and resolution to break the microvasculature barrier.

Prellis Biologics

Seed Round in 2017
Prellis Biologics is building human tissues for drug development, and ultimately, developing human organs for transplantation. Bioprinting vascularized human tissue and organs will revolutionize healthcare. Prellis Biologics'​ technology leverages massive gains in print speed and resolution to break the microvasculature barrier.

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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