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Intrinsic Foundries, based in Hazaribagh, Jharkhand, India, with strategic R&D partnerships in the United States and Germany, develops proprietary microbial biorefinery technology to transform industrial carbon waste into premium biochemicals. The company operates a carbon-to-value biomanufacturing platform, aiming to generate revenue by selling these biochemicals and supporting industrial decarbonization efforts. Intrinsic Foundries recently secured ₹12 Crores (approximately $1.4 million) in seed funding, led by Transition VC, to support industrial pilots, expand research, and file intellectual property. Plans include establishing a US entity to facilitate global market development and scale its engineering and commercial teams. The organization was founded in 2023 by Shreyansh Jain, Sanjay Jain, and Umang Jain. Its business model centers on funded through venture capital, the company plans to generate revenue by selling biochemicals produced from industrial carbon waste while supporting industrial decarbonization efforts.
Intrinsic Foundries has raised $132.0M across 1 funding round.
Intrinsic Foundries has raised $132.0M in total across 1 funding round.
Intrinsic Foundries has raised $132.0M in total across 1 funding round.
Intrinsic Foundries's investors include Transition VC.
Intrinsic Foundries has raised $132.0M across 1 funding round. Most recently, it raised $132.0M Seed in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 17, 2026 | $132M Seed | Transition VC | — | Announced |
