IndieBio

IndieBio is an accelerator that supports startups using biology to solve major problems, delivering four-month programs for companies and teams with ideas. Based in San Francisco with an office in New York, it focuses on life sciences, biotechnology and synthetic biology, investing in seed and early-stage ventures that place biology at the core of their technology across products, processes and software. The program favors teams with two or more co-founders and generally provides equity-based funding in the early stages, often combining direct investments with additional financing options. Founded in 2014, IndieBio operates within the SOSV accelerator network, a global platform that supports portfolio companies through mentorship, resources and cross-border programs.

Arvind Gupta

Founder

Alexander Hall-Daniels

Associate

Past deals in FMCG

Farm Minerals

Seed Round in 2024
Farm Minerals is a pioneering agricultural company that produces innovative, emissions-free NPK fertilizers at market prices, without compromising on quality or cost. Utilizing proprietary carbon capsule technology, the company enhances nutrient bioavailability, boosting efficiency up to 100 times compared to traditional inputs. By avoiding the Haber-Bosch process, Farm Minerals eliminates CO₂ emissions, reduces nutrient runoff, and minimizes waste. Its product line combines essential macro and microelements, promoting crop performance and animal health, and contributing to sustainable, high-yield agriculture.

Farm Minerals

Seed Round in 2024
Farm Minerals is a pioneering agricultural company that produces innovative, emissions-free NPK fertilizers at market prices, without compromising on quality or cost. Utilizing proprietary carbon capsule technology, the company enhances nutrient bioavailability, boosting efficiency up to 100 times compared to traditional inputs. By avoiding the Haber-Bosch process, Farm Minerals eliminates CO₂ emissions, reduces nutrient runoff, and minimizes waste. Its product line combines essential macro and microelements, promoting crop performance and animal health, and contributing to sustainable, high-yield agriculture.

Nukoko

Seed Round in 2024
Nukoko is a bean-to-bar manufacturer specializing in cocoa-free chocolate. Utilizing UK-sourced ingredients and patent-pending technology, the company produces healthier, environmentally friendly chocolate.

Voyage Foods

Series A in 2023
Voyage Foods develops sustainable alternatives to popular foods. Using natural ingredients and proprietary technology, they create products like nut-free spreads, cocoa-free chocolate, and bean-free coffee that maintain original taste and nutrition without environmental compromise.

Nukoko

Convertible Note in 2023
Nukoko is a bean-to-bar manufacturer specializing in cocoa-free chocolate. Utilizing UK-sourced ingredients and patent-pending technology, the company produces healthier, environmentally friendly chocolate.

Nukoko

Seed Round in 2023
Nukoko is a bean-to-bar manufacturer specializing in cocoa-free chocolate. Utilizing UK-sourced ingredients and patent-pending technology, the company produces healthier, environmentally friendly chocolate.

Nukoko

Pre Seed Round in 2023
Nukoko is a bean-to-bar manufacturer specializing in cocoa-free chocolate. Utilizing UK-sourced ingredients and patent-pending technology, the company produces healthier, environmentally friendly chocolate.

West Bourne

Seed Round in 2022
West Bourne is a producer of a zero-waste packaged goods brand focused on providing sustainable and high-quality food products. The company offers a diverse range of snacks, baking mixes, and flavorful sauces, all made from organic ingredients sourced from farms that practice regenerative agriculture. West Bourne is committed to environmental responsibility, utilizing plastic-free and biodegradable packaging to minimize waste. By prioritizing sustainability and health, the company empowers consumers to make informed choices about their food.

Plantruption

Seed Round in 2022
Plantruption builds a brand of sustainability to develop products using seaweed and microalgae. The company is on a mission to create the first plant-based seafood. It researches and collaborates with universities and food technologists to provides Plant-based seafood that’s close in taste and texture to the real deal. Plant-based seafood provides a host of environmental benefits, including alleviating pressures on rapidly depleting fisheries, providing relief to fragile ocean ecosystems, reducing the impact of fishing nets on the ocean plastic problem, and reducing production emissions. The company was founded in 2019 in Dublin, Dublin.

Voyage Foods

Series A in 2022
Voyage Foods develops sustainable alternatives to popular foods. Using natural ingredients and proprietary technology, they create products like nut-free spreads, cocoa-free chocolate, and bean-free coffee that maintain original taste and nutrition without environmental compromise.

New Culture

Series A in 2021
Founded in 2018, New Culture is a food company based in San Francisco, California. It specializes in producing sustainable, animal-free cheese using microflora to create dairy proteins.

Sundial Foods

Seed Round in 2021
Sundial Foods develops plant-based meat alternatives designed to replicate the texture, appearance, and sensory experience of traditional meat using natural, plant-derived ingredients. The company aims to offer affordable, nutritious options for conscious consumers and to reduce meat consumption without relying on synthetic additives or heavily processed ingredients. Based in Berkeley, California, Sundial Foods was founded in 2019.

Plantruption

Seed Round in 2021
Plantruption builds a brand of sustainability to develop products using seaweed and microalgae. The company is on a mission to create the first plant-based seafood. It researches and collaborates with universities and food technologists to provides Plant-based seafood that’s close in taste and texture to the real deal. Plant-based seafood provides a host of environmental benefits, including alleviating pressures on rapidly depleting fisheries, providing relief to fragile ocean ecosystems, reducing the impact of fishing nets on the ocean plastic problem, and reducing production emissions. The company was founded in 2019 in Dublin, Dublin.

Plantruption

Convertible Note in 2021
Plantruption builds a brand of sustainability to develop products using seaweed and microalgae. The company is on a mission to create the first plant-based seafood. It researches and collaborates with universities and food technologists to provides Plant-based seafood that’s close in taste and texture to the real deal. Plant-based seafood provides a host of environmental benefits, including alleviating pressures on rapidly depleting fisheries, providing relief to fragile ocean ecosystems, reducing the impact of fishing nets on the ocean plastic problem, and reducing production emissions. The company was founded in 2019 in Dublin, Dublin.

Sundial Foods

Seed Round in 2021
Sundial Foods develops plant-based meat alternatives designed to replicate the texture, appearance, and sensory experience of traditional meat using natural, plant-derived ingredients. The company aims to offer affordable, nutritious options for conscious consumers and to reduce meat consumption without relying on synthetic additives or heavily processed ingredients. Based in Berkeley, California, Sundial Foods was founded in 2019.

Sundial Foods

Convertible Note in 2021
Sundial Foods develops plant-based meat alternatives designed to replicate the texture, appearance, and sensory experience of traditional meat using natural, plant-derived ingredients. The company aims to offer affordable, nutritious options for conscious consumers and to reduce meat consumption without relying on synthetic additives or heavily processed ingredients. Based in Berkeley, California, Sundial Foods was founded in 2019.

Plantruption

Seed Round in 2021
Plantruption builds a brand of sustainability to develop products using seaweed and microalgae. The company is on a mission to create the first plant-based seafood. It researches and collaborates with universities and food technologists to provides Plant-based seafood that’s close in taste and texture to the real deal. Plant-based seafood provides a host of environmental benefits, including alleviating pressures on rapidly depleting fisheries, providing relief to fragile ocean ecosystems, reducing the impact of fishing nets on the ocean plastic problem, and reducing production emissions. The company was founded in 2019 in Dublin, Dublin.

NotCo

Series C in 2020
Founded in 2015, NotCo specializes in developing plant-based alternatives to animal-derived products such as mayonnaise, milk, yogurt, dressings, and desserts. Utilizing artificial intelligence, the company creates food systems that mimic the taste and functionality of their animal-based counterparts.

New Culture

Pre Seed Round in 2019
Founded in 2018, New Culture is a food company based in San Francisco, California. It specializes in producing sustainable, animal-free cheese using microflora to create dairy proteins.

NotCo

Series B in 2019
Founded in 2015, NotCo specializes in developing plant-based alternatives to animal-derived products such as mayonnaise, milk, yogurt, dressings, and desserts. Utilizing artificial intelligence, the company creates food systems that mimic the taste and functionality of their animal-based counterparts.

NotCo

Series A in 2017
Founded in 2015, NotCo specializes in developing plant-based alternatives to animal-derived products such as mayonnaise, milk, yogurt, dressings, and desserts. Utilizing artificial intelligence, the company creates food systems that mimic the taste and functionality of their animal-based counterparts.

NotCo

Seed Round in 2017
Founded in 2015, NotCo specializes in developing plant-based alternatives to animal-derived products such as mayonnaise, milk, yogurt, dressings, and desserts. Utilizing artificial intelligence, the company creates food systems that mimic the taste and functionality of their animal-based counterparts.

Ardra Bio

Seed Round in 2016
Ardra Inc. is a renewable chemicals company based in Toronto, Canada, specializing in the production of petroleum-free specialty chemicals for the personal care and cosmetics industry. Utilizing technology developed at the University of Toronto, Ardra employs model-guided metabolic engineering and synthetic biology to create biocatalysts that convert renewable resources into essential chemicals. The company's flagship product is 1,3-butanediol, a sustainable alternative to petroleum-based counterparts, which is utilized in various applications including cosmetics, food, polymers, and pharmaceuticals. With the cosmetics sector relying heavily on petroleum chemicals, valued at approximately $2.6 billion, Ardra aims to provide environmentally friendly solutions that stabilize and sustain the supply chain while reducing ecological impact.
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