Intrinsic Foundries raises Rs 12 Cr in seed round led by Transition VC to expand research and scale engineering teams.
Amount Raised
₹120 Million
Round Type
Seed
JharkhandManufacturingBiotechnologyInvestors
Description
Intrinsic Foundries has raised Rs 12 crore in a Seed funding round led by Transition VC. The funds will be used for executing industrial pilots, expanding research, and strengthening manufacturing capabilities. This Hazaribagh-based startup converts carbon emissions into biochemicals for various industries. Intrinsic continues to develop its carbon biorefinery platform to support global market development.
Quick answer
Intrinsic Foundries raised ₹120 Million in a Seed round, dated February 17, 2026. Investors: Transition VC. Intrinsic Foundries is based in Jharkhand, India.
- How much did Intrinsic Foundries raise?
- Intrinsic Foundries raised ₹120 Million in a Seed round on February 17, 2026.
- Who invested in Intrinsic Foundries?
- Transition VC is named as investors in this round.
- What does Intrinsic Foundries do?
- Intrinsic Foundries is a carbon-to-value biomanufacturing platform that converts industrial emissions, effluents, and residues into premium biochemicals using proprietary microbial biorefinery systems.
- Where is Intrinsic Foundries based and how big is it?
- Intrinsic Foundries is based in Jharkhand, India.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as Intrinsic Foundries that raised within 45 days of this round, from Fundz verified event records.
- PanTera raised $4M on March 31, 2026.
- Neion Bio raised $11M (Seed) on March 27, 2026.
- IceCure Medical raised $4M on March 26, 2026.
- Elmed Life Sciences raised $2.7M (Seed) on March 26, 2026.
- Cellbricks Therapeutics raised $8.1M (Seed) on March 26, 2026.
- Circle8 Group Inc raised $5.6M (Post-IPO Equity) on March 26, 2026.
Who to call at Intrinsic Foundries, and when
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