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 Chocolate

California Cultured

Series A in 2024
California Cultured is a food company based in Davis, California, that specializes in producing sustainable, lab-grown cocoa through advanced cellular agriculture techniques. Founded in 2020, the company aims to create cocoa that is less bitter and requires less sugar, enhancing the taste while promoting health benefits. By stimulating cocoa cells with common food ingredients, California Cultured ensures the growth of premium-quality cocoa without the ethical and environmental issues associated with traditional cocoa production, such as slavery and deforestation. This innovative approach allows customers to enjoy delicious cocoa products that are both sustainable and socially responsible.

Voyage Foods

Series A in 2023
Voyage Foods is focused on creating sustainable and scalable alternatives to popular food products that face challenges due to health, environmental, and social issues. The company utilizes natural, sustainable, and upcycled ingredients along with proprietary technology and food science to develop new food items that replicate the taste and appearance of traditional favorites. Their product offerings include Nut-Free Spreads, Cocoa-Free Chocolate, and Bean-Free Coffee, all designed to provide the same enjoyment without compromising individual health or environmental integrity. This innovative approach allows consumers to savor their favorite foods while contributing to a more responsible food system.

California Cultured

Convertible Note in 2023
California Cultured is a food company based in Davis, California, that specializes in producing sustainable, lab-grown cocoa through advanced cellular agriculture techniques. Founded in 2020, the company aims to create cocoa that is less bitter and requires less sugar, enhancing the taste while promoting health benefits. By stimulating cocoa cells with common food ingredients, California Cultured ensures the growth of premium-quality cocoa without the ethical and environmental issues associated with traditional cocoa production, such as slavery and deforestation. This innovative approach allows customers to enjoy delicious cocoa products that are both sustainable and socially responsible.

Voyage Foods

Series A in 2022
Voyage Foods is focused on creating sustainable and scalable alternatives to popular food products that face challenges due to health, environmental, and social issues. The company utilizes natural, sustainable, and upcycled ingredients along with proprietary technology and food science to develop new food items that replicate the taste and appearance of traditional favorites. Their product offerings include Nut-Free Spreads, Cocoa-Free Chocolate, and Bean-Free Coffee, all designed to provide the same enjoyment without compromising individual health or environmental integrity. This innovative approach allows consumers to savor their favorite foods while contributing to a more responsible food system.

California Cultured

Seed Round in 2021
California Cultured is a food company based in Davis, California, that specializes in producing sustainable, lab-grown cocoa through advanced cellular agriculture techniques. Founded in 2020, the company aims to create cocoa that is less bitter and requires less sugar, enhancing the taste while promoting health benefits. By stimulating cocoa cells with common food ingredients, California Cultured ensures the growth of premium-quality cocoa without the ethical and environmental issues associated with traditional cocoa production, such as slavery and deforestation. This innovative approach allows customers to enjoy delicious cocoa products that are both sustainable and socially responsible.

California Cultured

Seed Round in 2021
California Cultured is a food company based in Davis, California, that specializes in producing sustainable, lab-grown cocoa through advanced cellular agriculture techniques. Founded in 2020, the company aims to create cocoa that is less bitter and requires less sugar, enhancing the taste while promoting health benefits. By stimulating cocoa cells with common food ingredients, California Cultured ensures the growth of premium-quality cocoa without the ethical and environmental issues associated with traditional cocoa production, such as slavery and deforestation. This innovative approach allows customers to enjoy delicious cocoa products that are both sustainable and socially responsible.
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