India's first platform turning industrial carbon emissions into high-value biochemicals.
Intrinsic Foundries (IIOT Innovation Pvt Ltd) is India's first revenue-positive Carbon Capture and Utilization (CCU) platform. Using proprietary microalgae photobioreactor systems, we convert industrial CO2 and waste effluents into premium biochemicals for pharma, nutraceuticals, food, and cosmetics, transforming heavy industry emitters into biochemical resource providers.
Raised Rs 12 Crore (~$1.4M) seed round led by Transition VC (February 2026), with Rs 10 Crore committed for the next round. Grant recipient under AIM CCMB Atal Incubation Mission 2025.
1 applied patent in carbon banking technology; Rights to 2 global patents for use in India around hangable profiles for tubular photobioreactor.
NBEC 2025 Winner (C-CAMP, with L'Oreal R&I Award, Enzia Partners, Social Alpha,IIM-A Ventures Award ); Shell E4 Accelerator; Jubilant Bhartia Innovation Cohort 2.0; Headstart, Bharath Pichathon 4.0 Top 50 Emerging Startups 2025.
Led by a founder with a Cornell University M.Eng and BITS Pilani Gold Medal, with 10+ years in global pharma and bioprocess innovation across Bristol Myers Squibb and Takeda. Co-founders bring 20+ years of enterprise technology strategy (Cisco, Asia-Pacific) and 35+ years in large-scale EPC and industrial operations. Core technical team includes a Head of Research (Post-Doc, Max Planck and NCBS) and a Head of Engineering (IIT Bombay, TU Delft). ~25-member team across biology, engineering, and operations.
Founder
Co- Founder
Co- Founder
