Intrinsic Foundries has raised Rs 12 crore (approximately $1.4 million) in a seed funding round led by Transition VC to accelerate its carbon-to-value biomanufacturing platform. The funding highlights growing investor interest in deeptech solutions that convert industrial emissions into commercially viable and sustainable products.
Funding Use and Expansion Plans
The fresh capital will be deployed to execute industrial pilots, expand research and development, file intellectual property, and strengthen engineering and commercial teams. The company also plans to scale its manufacturing capabilities and establish a US entity to support global market expansion. These investments will help Intrinsic Foundries accelerate commercialization and strengthen its global footprint.
Technology and Product Platform
Founded in 2023 by Shreyansh Jain, Sanjay Jain, and Umang Jain, Intrinsic Foundries develops proprietary microbial biorefinery systems that convert industrial emissions, effluents, and residues into high-value biochemicals. Its platform uses photobioreactor cultivation systems and Factory 4.0 automation to create sustainable ingredients for industries including food, pharmaceuticals, cosmetics, agriculture, and advanced materials.
Pilot Validation and Commercial Roadmap
The Hazaribagh-based startup has completed a proof of concept at a thermal power plant, demonstrating continuous carbon capture and operational reliability. Intrinsic Foundries is currently advancing partnerships across cement, steel, pharmaceuticals, and food sectors. Over the next 12–24 months, it plans to launch multiple industrial pilots and operationalize its first commercial plant with a one-ton-per-day production capacity, positioning emissions as a scalable industrial resource.
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