Intrinsic Foundries funding, investors and company details

Intrinsic Foundries is an emerging Engineering startup from Hazaribagh, working in the space of Operates as a biomanufacturing platform pioneering carbon capture and utilization through microalgae-based biorefineries. Founded by Sanjay Jain.

Company: Iiot Innovation Private Limited
Sector: Engineering
Location: Hazaribagh
Founders: Sanjay Jain

Company overview

Intrinsic Foundries operates as a biomanufacturing platform pioneering carbon capture and utilization through microalgae-based biorefineries. Core activities include deploying proprietary photobioreactor systems to process industrial CO₂ emissions, thermal waste, and agricultural residues into high-value biochemicals such as pigments, proteins, and specialty lipids. It engineers synthetic biology workflows for efficient biomass conversion, conducts proof-of-concept pilots at emission-heavy sites like power plants, scales production via integrated value chains, and delivers circular economy solutions for sectors including nutraceuticals, cosmetics, pharmaceuticals, and advanced materials.

Funding rounds

Latest round (Seed): ₹12.00 Cr. ($ 1.32 Mn), 2026-02-17. Investors: Transition VC