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 Food Processing

Capro-X

Seed Round in 2025
Capro-X is an ag-tech company focused on sustainability in the dairy industry. It develops fermentation bioprocess technology to convert acid whey, a dairy waste stream, into valuable products such as bio-oils, biofuels, and bioplastics, while producing clean water. The WheyAway treatment uses naturally occurring, non-GMO microbes to upgrade dairy waste on site at the point of generation. By upcycling acid from dairy waste, Capro-X helps dairy producers reduce waste and improve sustainability and yield over time. Founded in 2017 and based in Ithaca, New York, Capro-X serves dairy processors seeking to turn waste streams into value.

Mothership Materials

Seed Round in 2024
Mothership Materials specializes in converting agricultural waste into valuable biomolecules using its proprietary Targeted Molecular Recovery (TMR) technology. The company's process efficiently extracts proteins, lipids, antioxidants, sugars, and cellulose from waste streams, enabling agricultural producers and waste managers to create a circular economy and maximize waste value.

Capro-X

Seed Round in 2024
Capro-X is an ag-tech company focused on sustainability in the dairy industry. It develops fermentation bioprocess technology to convert acid whey, a dairy waste stream, into valuable products such as bio-oils, biofuels, and bioplastics, while producing clean water. The WheyAway treatment uses naturally occurring, non-GMO microbes to upgrade dairy waste on site at the point of generation. By upcycling acid from dairy waste, Capro-X helps dairy producers reduce waste and improve sustainability and yield over time. Founded in 2017 and based in Ithaca, New York, Capro-X serves dairy processors seeking to turn waste streams into value.

California Cultured

Series A in 2024
California Cultured is a food company that uses cellular agriculture to produce cocoa and coffee, with the aim of delivering sustainable, lab-grown ingredients. Its cocoa is described as less bitter and requiring less sugar to achieve flavor, enabling premium quality products with a smaller environmental footprint. The company seeks to address social and environmental concerns linked to traditional cocoa production by avoiding practices such as slavery, deforestation, and child labor. California Cultured was founded in 2020 and is based in Davis, California.

Terra Bioindustries

Seed Round in 2024
Terra Bioindustries produces plant-based protein derived from underutilized waste materials like spent grains from beer manufacturing. This process transforms these unused parts into functional vegan protein, offering clients sustainable alternatives to soy and pea protein for use in meat and dairy replacements.

Bioeutectics

Seed Round in 2024
Bioeutectics develops and supplies high-performance, natural solvents for industrial processes. Utilizing eutectic technology and renewable resources, the company produces eco-friendly alternatives to petrochemical solvents, serving industries such as personal care, food ingredients, agro-tech, and green tech.

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.

Terra Bioindustries

Pre Seed Round in 2023
Terra Bioindustries produces plant-based protein derived from underutilized waste materials like spent grains from beer manufacturing. This process transforms these unused parts into functional vegan protein, offering clients sustainable alternatives to soy and pea protein for use in meat and dairy replacements.

California Cultured

Convertible Note in 2023
California Cultured is a food company that uses cellular agriculture to produce cocoa and coffee, with the aim of delivering sustainable, lab-grown ingredients. Its cocoa is described as less bitter and requiring less sugar to achieve flavor, enabling premium quality products with a smaller environmental footprint. The company seeks to address social and environmental concerns linked to traditional cocoa production by avoiding practices such as slavery, deforestation, and child labor. California Cultured was founded in 2020 and is based in Davis, California.

Bioeutectics

Seed Round in 2023
Bioeutectics develops and supplies high-performance, natural solvents for industrial processes. Utilizing eutectic technology and renewable resources, the company produces eco-friendly alternatives to petrochemical solvents, serving industries such as personal care, food ingredients, agro-tech, and green tech.

Michroma

Seed Round in 2023
Michroma is a biotech company that develops natural, thermostable colorants for fungus-based food and cosmetics by leveraging fermentation of filamentous fungi and synthetic biology. It aims to replace synthetic pigments with natural pigments produced through biotechnological fermentation, delivering pH- and heat-stable colorants at scale for food and cosmetic applications. The company operates in multiple locations, including San Francisco, United States, and Rosario, Argentina, and pursues scalable production in bioreactors using proprietary fungal strains.

Prolific Machines

Convertible Note in 2022
Founded in 2020, Prolific Machines is a San Francisco-based biotech company dedicated to revolutionizing cell production for a sustainable future. It combines advanced technologies to enable large-scale cell manufacturing, aiming to improve therapeutic protein production for biotechnology and pharmaceutical companies.

Michroma

Seed Round in 2022
Michroma is a biotech company that develops natural, thermostable colorants for fungus-based food and cosmetics by leveraging fermentation of filamentous fungi and synthetic biology. It aims to replace synthetic pigments with natural pigments produced through biotechnological fermentation, delivering pH- and heat-stable colorants at scale for food and cosmetic applications. The company operates in multiple locations, including San Francisco, United States, and Rosario, Argentina, and pursues scalable production in bioreactors using proprietary fungal strains.

Bioeutectics

Seed Round in 2022
Bioeutectics develops and supplies high-performance, natural solvents for industrial processes. Utilizing eutectic technology and renewable resources, the company produces eco-friendly alternatives to petrochemical solvents, serving industries such as personal care, food ingredients, agro-tech, and green tech.

Vertical Oceans

Convertible Note in 2022
Vertical Oceans specializes in sustainable aquaculture, producing same-day farm-to-fork shrimp using vertical towers in urban markets. Their innovative system, the Intelligent Habitat (iHAB), combines bioengineering, hardware engineering, and computational methods to create a self-sustaining, self-cleaning modular production environment. This results in high-quality shrimp with excellent sustainability credentials.

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.

UPSIDE Foods

Series C in 2022
UPSIDE Foods, formerly known as Memphis Meats, is a cultivated meat company founded in 2015 and headquartered in Berkeley, California. The company specializes in producing real meat, poultry, and seafood directly from animal cells, eliminating the need to raise and slaughter animals. This innovative approach significantly reduces the resource consumption associated with traditional meat production, requiring less water, land, and energy. UPSIDE Foods aims to offer consumers clean, humane, and sustainable meat products, such as beef meatballs, chicken, and duck, all grown in controlled environments. The company is led by Dr. Uma Valeti, who is committed to transforming the food industry with healthier and environmentally friendly alternatives to conventional meat.

Lypid

Seed Round in 2022
Lypid develops vegan fats designed to taste and behave like animal fats. The company uses a novel formulation and microencapsulation to mimic texture, mouthfeel, flavor transfer, and cooking behavior of animal fats, enabling an animal-free alternative with minimal artificial additives, reduced hydrogenation, and fewer trans fats. Its products aim to reduce dependence on animal fats and lower the environmental footprint of food production.

Lypid

Seed Round in 2022
Lypid develops vegan fats designed to taste and behave like animal fats. The company uses a novel formulation and microencapsulation to mimic texture, mouthfeel, flavor transfer, and cooking behavior of animal fats, enabling an animal-free alternative with minimal artificial additives, reduced hydrogenation, and fewer trans fats. Its products aim to reduce dependence on animal fats and lower the environmental footprint of food production.

California Cultured

Seed Round in 2021
California Cultured is a food company that uses cellular agriculture to produce cocoa and coffee, with the aim of delivering sustainable, lab-grown ingredients. Its cocoa is described as less bitter and requiring less sugar to achieve flavor, enabling premium quality products with a smaller environmental footprint. The company seeks to address social and environmental concerns linked to traditional cocoa production by avoiding practices such as slavery, deforestation, and child labor. California Cultured was founded in 2020 and is based in Davis, California.

Vertical Oceans

Seed Round in 2021
Vertical Oceans specializes in sustainable aquaculture, producing same-day farm-to-fork shrimp using vertical towers in urban markets. Their innovative system, the Intelligent Habitat (iHAB), combines bioengineering, hardware engineering, and computational methods to create a self-sustaining, self-cleaning modular production environment. This results in high-quality shrimp with excellent sustainability credentials.

Prolific Machines

Seed Round in 2021
Founded in 2020, Prolific Machines is a San Francisco-based biotech company dedicated to revolutionizing cell production for a sustainable future. It combines advanced technologies to enable large-scale cell manufacturing, aiming to improve therapeutic protein production for biotechnology and pharmaceutical companies.

California Cultured

Seed Round in 2021
California Cultured is a food company that uses cellular agriculture to produce cocoa and coffee, with the aim of delivering sustainable, lab-grown ingredients. Its cocoa is described as less bitter and requiring less sugar to achieve flavor, enabling premium quality products with a smaller environmental footprint. The company seeks to address social and environmental concerns linked to traditional cocoa production by avoiding practices such as slavery, deforestation, and child labor. California Cultured was founded in 2020 and is based in Davis, California.

New Wave Foods

Series A in 2021
New Wave Foods, Inc., established in 2015 and headquartered in San Francisco, specializes in producing and selling plant-based seafood products. The company offers a range of shrimp alternatives, including sautéed, grilled, breaded, and fried options, as well as shrimp tacos and salads. These products are made from sustainably sourced seaweed, soy protein, and natural flavors, providing a sustainable and healthier alternative to traditional seafood. New Wave Foods serves customers in the culinary market across the United States, positioning itself as a leader in sustainable seafood.

Lypid

Convertible Note in 2020
Lypid develops vegan fats designed to taste and behave like animal fats. The company uses a novel formulation and microencapsulation to mimic texture, mouthfeel, flavor transfer, and cooking behavior of animal fats, enabling an animal-free alternative with minimal artificial additives, reduced hydrogenation, and fewer trans fats. Its products aim to reduce dependence on animal fats and lower the environmental footprint of food production.

Lypid

Seed Round in 2020
Lypid develops vegan fats designed to taste and behave like animal fats. The company uses a novel formulation and microencapsulation to mimic texture, mouthfeel, flavor transfer, and cooking behavior of animal fats, enabling an animal-free alternative with minimal artificial additives, reduced hydrogenation, and fewer trans fats. Its products aim to reduce dependence on animal fats and lower the environmental footprint of food production.

UPSIDE Foods

Series B in 2020
UPSIDE Foods, formerly known as Memphis Meats, is a cultivated meat company founded in 2015 and headquartered in Berkeley, California. The company specializes in producing real meat, poultry, and seafood directly from animal cells, eliminating the need to raise and slaughter animals. This innovative approach significantly reduces the resource consumption associated with traditional meat production, requiring less water, land, and energy. UPSIDE Foods aims to offer consumers clean, humane, and sustainable meat products, such as beef meatballs, chicken, and duck, all grown in controlled environments. The company is led by Dr. Uma Valeti, who is committed to transforming the food industry with healthier and environmentally friendly alternatives to conventional meat.

Blue Planet Ecosystems

Seed Round in 2019
Blue Planet Ecosystems develops and operates modular closed-loop photoprotein reactors for sustainable food production in extreme environments. The company designs self-sustaining aquaculture systems powered by renewable energy that convert carbon dioxide and sunlight into sugars, amino and fatty acids, making nutrients available for zooplankton and fish. Its technology enables organic seafood production close to consumers on nontraditional farming sites, helping farmers and agricultural businesses diversify production in response to climate change. Founded in 2018 and based in San Francisco, Blue Planet Ecosystems focuses on pollutant-free, high-quality aquaculture with minimal environmental impact by turning sunlight into feed and enabling new farming methods.

Michroma

Seed Round in 2019
Michroma is a biotech company that develops natural, thermostable colorants for fungus-based food and cosmetics by leveraging fermentation of filamentous fungi and synthetic biology. It aims to replace synthetic pigments with natural pigments produced through biotechnological fermentation, delivering pH- and heat-stable colorants at scale for food and cosmetic applications. The company operates in multiple locations, including San Francisco, United States, and Rosario, Argentina, and pursues scalable production in bioreactors using proprietary fungal strains.

Prime Roots

Seed Round in 2018
Prime Roots is a plant-based food company that develops meat and seafood alternatives using koji mycelium-derived proteins. Its products include plant-based meats such as a salmon burger that mimic the taste, texture, and nutrition of animal-derived products. By leveraging natural koji proteins, Prime Roots aims to lower the environmental footprint of protein supply by reducing reliance on conventional animal farming, while offering protein-rich options for both meat eaters and vegetarians. Founded in 2017 and headquartered in San Francisco, Prime Roots operates in the food industry.

Prime Roots

Pre Seed Round in 2017
Prime Roots is a plant-based food company that develops meat and seafood alternatives using koji mycelium-derived proteins. Its products include plant-based meats such as a salmon burger that mimic the taste, texture, and nutrition of animal-derived products. By leveraging natural koji proteins, Prime Roots aims to lower the environmental footprint of protein supply by reducing reliance on conventional animal farming, while offering protein-rich options for both meat eaters and vegetarians. Founded in 2017 and headquartered in San Francisco, Prime Roots operates in the food industry.

New Wave Foods

Convertible Note in 2017
New Wave Foods, Inc., established in 2015 and headquartered in San Francisco, specializes in producing and selling plant-based seafood products. The company offers a range of shrimp alternatives, including sautéed, grilled, breaded, and fried options, as well as shrimp tacos and salads. These products are made from sustainably sourced seaweed, soy protein, and natural flavors, providing a sustainable and healthier alternative to traditional seafood. New Wave Foods serves customers in the culinary market across the United States, positioning itself as a leader in sustainable seafood.

UPSIDE Foods

Seed Round in 2016
UPSIDE Foods, formerly known as Memphis Meats, is a cultivated meat company founded in 2015 and headquartered in Berkeley, California. The company specializes in producing real meat, poultry, and seafood directly from animal cells, eliminating the need to raise and slaughter animals. This innovative approach significantly reduces the resource consumption associated with traditional meat production, requiring less water, land, and energy. UPSIDE Foods aims to offer consumers clean, humane, and sustainable meat products, such as beef meatballs, chicken, and duck, all grown in controlled environments. The company is led by Dr. Uma Valeti, who is committed to transforming the food industry with healthier and environmentally friendly alternatives to conventional meat.

Amino Labs

Seed Round in 2015
Amino Labs Inc. is a biotechnology company founded in 2015 and based in Canada. It focuses on making genetic engineering accessible to a broad audience, including individuals as young as eight years old. The company has developed an intuitive bioengineering mini-lab, a compact bioreactor that allows users to perform bacterial transformations and continuously grow cultures. This tabletop bioreactor facilitates hands-on learning about DNA, genes, and genetic engineering, empowering users to create a variety of biological products, such as fragrances, flavors, materials, and medicines. Through its innovative technology and user-friendly kits, Amino Labs aims to inspire a new generation of bioengineers and contribute to personalized manufacturing solutions addressing global challenges in fuel, food, and healthcare.

New Wave Foods

Seed Round in 2015
New Wave Foods, Inc., established in 2015 and headquartered in San Francisco, specializes in producing and selling plant-based seafood products. The company offers a range of shrimp alternatives, including sautéed, grilled, breaded, and fried options, as well as shrimp tacos and salads. These products are made from sustainably sourced seaweed, soy protein, and natural flavors, providing a sustainable and healthier alternative to traditional seafood. New Wave Foods serves customers in the culinary market across the United States, positioning itself as a leader in sustainable seafood.

UPSIDE Foods

Seed Round in 2015
UPSIDE Foods, formerly known as Memphis Meats, is a cultivated meat company founded in 2015 and headquartered in Berkeley, California. The company specializes in producing real meat, poultry, and seafood directly from animal cells, eliminating the need to raise and slaughter animals. This innovative approach significantly reduces the resource consumption associated with traditional meat production, requiring less water, land, and energy. UPSIDE Foods aims to offer consumers clean, humane, and sustainable meat products, such as beef meatballs, chicken, and duck, all grown in controlled environments. The company is led by Dr. Uma Valeti, who is committed to transforming the food industry with healthier and environmentally friendly alternatives to conventional meat.

Sensa.io

Pre Seed Round in 2015
Sensa.io is a U.S.-based company founded in 2012, located in Sebastopol, California. The company specializes in a robotic fermentation system that enables the production of personalized probiotics. Its offerings include a range of products such as beverages, medicines, and fertilizers, tailored to meet individual health and wellness needs. Sensa.io focuses on innovation in fermentation technology to enhance the efficacy and customization of probiotics for consumers.
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