Intrinsic Foundries, a startup focused on carbon-to-value biomanufacturing, has secured $1.4 million (Rs 12 crore) in a Seed funding round led by Transition VC. The funding will be used for industrial pilots, research expansion, IP filings, team scaling, manufacturing enhancement, and setting up a US entity to support global market expansion.
Founded in 2023 by Shreyansh Jain, Sanjay Jain, and Umang Jain, Intrinsic Foundries aims to convert industrial emissions into premium biochemicals through proprietary microbial biorefinery systems and advanced automation. The company’s goal is to drive scalable decarbonization efforts while providing sustainable ingredients for various industries, including food, pharmaceuticals, cosmetics, and agriculture.
Utilizing biological systems, the Hazaribagh-based startup transforms captured carbon into high-value biochemicals. Intrinsic Foundries’ carbon biorefinery platform, featuring proprietary photobioreactor cultivation systems and Factory 4.0 automation, has demonstrated successful proof of concept at a thermal power plant, ensuring operational reliability and extended continuous capture.
By planning to commission multiple industrial pilots and launch its first commercial plant over the next 12–24 months, Intrinsic Foundries aims to establish itself as a key player in global industrial decarbonization, highlighting the potential of emissions to drive sustainable supply chains and economic returns.
Source: Entrackr : Latest Posts