About Bioinnovation Centre
Bioinnovation Centre, an accelerator and incubator program founded in 2015, is based in Bengaluru, India. With a presence in 2 countries, it has supported around 35 startups in sectors like Life Sciences, HealthTech. Most notable companies in
its portfolio include 4baseCare, Pandorum and String Bio. The program is backed by a team of 19 people who primarily support Seed startups based in India. Its latest investment was a $14.6K Seed round in Fermensis Bio on Apr 06, 2023.
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Bioinnovation Centre's List of Top Investments
Bioinnovation Centre has a portfolio of 35 companies. Their most notable investments are in Fermensis Bio and Alfaleus.Their portfolio spans across India and United States. They have invested in Life Sciences, HealthTech, High Tech and 7 other sectors, across stages such as Seed stage. Here is the list of top investments by Bioinnovation Centre:
1. 4baseCare
Provider of precision oncology solutions, including genomic testing and digital health. It uses AI, cancer genomics, and real-world clinical data to personalize cancer treatment. It builds tools and lab solutions that help doctors and researchers understand a patients cancer at the genetic level and choose better treatments. The company provides comprehensive genome profiling to identify biomarkers for therapy resistance.
Key facts about 4baseCare
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $25.9M
- Employee Count: 270 as on Apr 30, 2026
- Investors: Yali Capital, A&E Investments and 41 Others
- Latest Funding Round: Series B, Jul 14, 2026, $*****
- Highlight: Editors' Pick

2. Pandorum
Developer of regenerative medicine and 3D tissues. It has developed a working 3D tissue through 3D printing and fabrication techniques. The products include bioengineered cornea which is a hydrogel formulation used for blindness, 3D hepatocyte spheroids for drug discovery and liver therapies, and exosome cell-free therapy for lung regeneration.
Key facts about Pandorum
- Founded Year: 2011
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $52.1M
- Employee Count: 28 as on Aug 31, 2025
- Investors: Burman Family, Dabur and 89 Others
- Latest Funding Round: Series B, Mar 20, 2026, $*****
- Highlight: Editors' Pick
3. String Bio
Provider of sustainable manufacturing through gas fermentation technology. It converts methane and industrial waste gases into high-value products for nutrition, agriculture, and personal care sectors.
Key facts about String Bio
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24.4M
- Employee Count: 186 as on May 01, 2026
- Investors: KITVEN, Seventure Partners and 20 Others
- Latest Funding Round: Series B, Jul 11, 2022, $*****
- Highlight: Editors' Pick
4. Biomoneta
Manufacturer of medical devices for the decontamination of indoor air. These systems utilize technology designed to capture and neutralize airborne microorganisms. The equipment functions in the presence of people to reduce the concentration of pathogens in various environments. The devices are engineered for use in healthcare facilities, laboratories, and residential spaces to maintain air quality.
Key facts about Biomoneta
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $757K
- Employee Count: 9 as on Aug 31, 2026
- Investors: Malpani Ventures, Beyond Next Ventures and 16 Others
- Latest Funding Round: Seed, Jun 07, 2020, $*****
5. Aindra
Provider of AI-powered cervical cancer detection system. The company's flagship product is CervAstra for analyzing pap smear samples at the point of care to detect cervical cancer. Also, it develops products including Aindra IS (automated stainer), Aindra VS (images of whole slides for telepathology), and Aindra AS (Ai enabled computational pathology platform).
Key facts about Aindra
- Founded Year: 2012
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $304K
- Employee Count: 25 as on Aug 31, 2026
- Investors: IKP Knowledge Park, Villgro and 15 Others
- Latest Funding Round: Angel, Jun 13, 2021, $*****
- Highlight: Editors' Pick
Bioinnovation Centre's Year-on-Year Investment Trends
Bioinnovation Centre has invested in 35 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Fermensis Bio.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
Bioinnovation Centre's Investments by Stage
Bioinnovation Centre has made 5 investments in Seed stage with an average round size of $37.1K.Bioinnovation Centre's Investments by Sector
Bioinnovation Centre has a diverse portfolio, with companies operating in the HealthTech, High Tech, Life Sciences, Sustainability Tech and Consumer. Notably, it has invested in 27 Enterprise (B2B) companies, 27 Tech companies, 9 Software companies and at least 9 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
HealthTech | 3 |
High Tech | 2 |
Life Sciences | 2 |
Sustainability Tech | 2 |
Consumer | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Bioinnovation Centre's Investments by Geography
Bioinnovation Centre has made most investments in India (5).Bioinnovation Centre's recent investments
Bioinnovation Centre has not made any investment in 2026 so far.Here are the most recent investments by Bioinnovation Centre:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 06, 2023 | India | Seed | 9502 | - | |
Mar 03, 2023 | India | Seed | 7242 | ||
Oct 18, 2021 | India | Seed | 5991 | ||
Jun 16, 2021 | India | Seed | 5232 | - | |
Oct 19, 2020 | India | Seed | 2587 | - |
Team profile of Bioinnovation Centre
Bioinnovation Centre has a team of 19 members including 6 Partners, 1 Venture Partner and 3 Principals located in India. Bioinnovation Centre's team does not sit on the board of any company as of now.Here is a list of top team members in Bioinnovation Centre:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Bengaluru | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Venture Partner | Bengaluru | - | - | |
Principal | Bengaluru | - | ||
Principal | India | - | - | |
Principal | Bengaluru | - | - |
Co-investors of Bioinnovation Centre
Over the past 6 years, 4 investors have co-invested in Bioinnovation Centre's portfolio companies. This includes funds and angels.
- Invested before Bioinnovation Centre: Startup Karnataka has invested before Bioinnovation Centre.
- Top Co-investors of Bioinnovation Centre: 2 investors entered a company along with Bioinnovation Centre. These include investors like VIT-TBI (1 company).
- Invested after Bioinnovation Centre: MedTech Innovator (1 company) is the only investor which has invested in Bioinnovation Centre's portfolio after their investments.
Recent News related to Bioinnovation Centre
•
Bangalore Bioinnovation Centre and NABL Partner to Accelerate Startup Global AccreditationIndiaMedToday•May 06, 2026•Nabh, Bioinnovation Centre
•
Bangalore Bioinnovation Centre signs MoU with La Trobe UniversityIndiaMedToday•Sep 24, 2024•Bioinnovation Centre, La Trobe University
•
•
Sun Pharma Advanced Research Company joins hands with Bangalore Bioinnovation CentreBioSpectrum India•Sep 06, 2022•SPARC, Bioinnovation Centre
•
BBC collaborates with Cytiva to aid in bioprocessing training programmeBioSpectrum India•Feb 16, 2022•Bioinnovation Centre, Cytiva
•
BBC signs MoU with Mazumdar Shaw Medical FoundationBioSpectrum India•Jan 17, 2022•Bioinnovation Centre, Ms Mf
•
BBC launches innovative products developed by nurtured startupsBioSpectrum India•Sep 21, 2021•Bioinnovation Centre
•
•
•
Bangalore Bioinnovation Centre Receives “Innovation Leadership Award”BioTecNika•Dec 24, 2020•Bioinnovation Centre