BiofuelCircle Raises ₹35 Cr To Expand Its Biomass Supply Chain Ecosystem

by · Inc42

SUMMARY

  • BiofuelCircle has raised a ₹35 Cr bridge round to strengthen its working capital, as the biomass supply chain startup gears up to triple revenue this fiscal and prepare for a Series B raise in early 2027
  • The Pune-based startup, which operates 80 biomass banks across 10 states, aggregates agricultural residue from rural communities and supplies it to biofuel manufacturers and industrial customers through a hybrid digital and physical marketplace
  • The funding reflects growing investor confidence in climate infrastructure startups that are solving critical supply-chain gaps as India's bioeconomy scales