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Biofics Private Limited raised Rs 10.4 crore in a Pre-Series A funding round led by Gunavanth Vaid to accelerate growth in Bio-CNG and waste management solutions.

PRIVATEAug 27, 2024

Amount Raised

₹104 Million

Round Type

Pre-Series A

SuratBiotechnologyAgriculture and Farming

Investors

Upaya Social VenturesGunavanth Vaid

Description

Biofics Private Limited has successfully raised Rs 10.4 crore in a Pre-Series A funding round, led by investor Gunavanth Vaid, with participation from Upaya Social Ventures. The capital will be used to scale operations, advance technology, and expand market reach in the renewable energy sector.

Quick answer

Biofics Private Limited raised ₹104 Million in a Pre-Series A round, dated August 27, 2024. Investors: Upaya Social Ventures and Gunavanth Vaid. Biofics Private Limited is based in Surat, Gujarat, India.

How much did Biofics Private Limited raise?
Biofics Private Limited raised ₹104 Million in a Pre-Series A round on August 27, 2024.
Who invested in Biofics Private Limited?
Upaya Social Ventures and Gunavanth Vaid are named as investors in this round.
What does Biofics Private Limited do?
Biofics Private Limited is a leader in the waste management and bioenergy sector, specializing in Bio-CBG plant engineering and decentralized waste management solutions.
Where is Biofics Private Limited based and how big is it?
Biofics Private Limited is based in Surat, Gujarat, India.
Who are the decision-makers at Biofics Private Limited?
Fundz holds 1 contact at Biofics Private Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Biotechnology around the same time

Companies in the same sectors as Biofics Private Limited that raised within 45 days of this round, from Fundz verified event records.

  • Basecamp Research raised $60M (Series B) on October 9, 2024.
  • BioPrime raised $6M (Series A) on October 8, 2024.
  • Cauldron raised an undisclosed amount (Grant) on October 2, 2024.
  • Ascribe Bioscience Inc raised $2.1M (Seed) on October 1, 2024.
  • 22nd Century raised $1.2M (Seed) on September 27, 2024.
  • Pairwise raised $40M (Series C) on September 17, 2024.

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Company Information

Company

Biofics Private Limited

Location

Surat, Gujarat, India

About

Biofics Private Limited is a leader in the waste management and bioenergy sector, specializing in Bio-CBG plant engineering and decentralized waste management solutions. The company is committed to a mission of 'Zero Waste to Landfill' and developing a closed-loop 'Circular Economy Ecosystem.' Through innovative solutions, Biofics has diverted 100 million tonnes of waste from landfills and focuses on energy security, access to quality agricultural products, and addressing unmanaged waste. Their continued innovation and growth plans aim to drive sustainable solutions for a greener future.

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Biofics Private Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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