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 Textiles

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.

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.

Huue

Convertible Note in 2021
Huue, formerly known as Tinctorium Inc., is a biotechnology company based in Berkeley, California, specializing in sustainable indigo dyeing solutions for the textile and fashion industry. Founded in 2018, the company utilizes a unique technology that mimics natural plant processes within microbes to produce indigo dye. This innovative approach significantly reduces chemical usage in the denim supply chain, offering an environmentally friendly alternative for denim production. By harnessing the power of biotechnology, Huue aims to provide the fashion industry with sustainable coloring options that rely on renewable resources, contributing to a more eco-conscious approach in textile manufacturing.

Huue

Convertible Note in 2021
Huue, formerly known as Tinctorium Inc., is a biotechnology company based in Berkeley, California, specializing in sustainable indigo dyeing solutions for the textile and fashion industry. Founded in 2018, the company utilizes a unique technology that mimics natural plant processes within microbes to produce indigo dye. This innovative approach significantly reduces chemical usage in the denim supply chain, offering an environmentally friendly alternative for denim production. By harnessing the power of biotechnology, Huue aims to provide the fashion industry with sustainable coloring options that rely on renewable resources, contributing to a more eco-conscious approach in textile manufacturing.

Aja Labs

Seed Round in 2021
Aja Labs is a biotechnology company that produces biodegradable fiber intended to eliminate the usage of plastic-based fiber. They create solutions for the many dynamic and diverse communities with which they identify. The company uses plants to grow fiber that looks and feels like human hair, enabling people in eliminating the need for chemical-heavy synthetics or human hair in the production of hair extensions. Aja Labs was founded in 2019 and is headquartered in San Francisco, CA.

Aja Labs

Convertible Note in 2021
Aja Labs is a biotechnology company that produces biodegradable fiber intended to eliminate the usage of plastic-based fiber. They create solutions for the many dynamic and diverse communities with which they identify. The company uses plants to grow fiber that looks and feels like human hair, enabling people in eliminating the need for chemical-heavy synthetics or human hair in the production of hair extensions. Aja Labs was founded in 2019 and is headquartered in San Francisco, CA.

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

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.

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.

Spintex

Seed Round in 2020
Spintex Engineering Limited, established in 2018 and located in Oxford, United Kingdom, specializes in the production of high-performance silk fibers targeted at the aerospace, automotive, and medical textile industries. The company employs an innovative biomimetic spinning process that utilizes alternative proteins in a water-based solution, significantly reducing energy requirements and enabling the creation of sustainable and cost-effective materials. Spintex’s technology not only supports the development of advanced textiles for various applications but also holds the potential for recycling pre-consumer waste streams, thereby contributing to sustainable practices in the textile industry.

Spintex

Convertible Note in 2020
Spintex Engineering Limited, established in 2018 and located in Oxford, United Kingdom, specializes in the production of high-performance silk fibers targeted at the aerospace, automotive, and medical textile industries. The company employs an innovative biomimetic spinning process that utilizes alternative proteins in a water-based solution, significantly reducing energy requirements and enabling the creation of sustainable and cost-effective materials. Spintex’s technology not only supports the development of advanced textiles for various applications but also holds the potential for recycling pre-consumer waste streams, thereby contributing to sustainable practices in the textile industry.

Huue

Seed Round in 2019
Huue, formerly known as Tinctorium Inc., is a biotechnology company based in Berkeley, California, specializing in sustainable indigo dyeing solutions for the textile and fashion industry. Founded in 2018, the company utilizes a unique technology that mimics natural plant processes within microbes to produce indigo dye. This innovative approach significantly reduces chemical usage in the denim supply chain, offering an environmentally friendly alternative for denim production. By harnessing the power of biotechnology, Huue aims to provide the fashion industry with sustainable coloring options that rely on renewable resources, contributing to a more eco-conscious approach in textile manufacturing.

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.

Huue

Seed Round in 2019
Huue, formerly known as Tinctorium Inc., is a biotechnology company based in Berkeley, California, specializing in sustainable indigo dyeing solutions for the textile and fashion industry. Founded in 2018, the company utilizes a unique technology that mimics natural plant processes within microbes to produce indigo dye. This innovative approach significantly reduces chemical usage in the denim supply chain, offering an environmentally friendly alternative for denim production. By harnessing the power of biotechnology, Huue aims to provide the fashion industry with sustainable coloring options that rely on renewable resources, contributing to a more eco-conscious approach in textile manufacturing.

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.

Bioloom

Pre Seed Round in 2015
Bioloom manufactures bioengineered textiles that replace cotton. The company is based in San Francisco, California.
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