BiofuelCircle operates a technology-driven digital marketplace and aggregation infrastructure that enables price discovery, logistics, quality assurance and trade facilitation for biomass and biofuels. The company links a network that spans 10 states, 800 villages, over 170,000 farmers, 1,300+ biomass suppliers and 400+ industrial buyers, and expanded its Biomass Bank network by 50 during FY26. BiofuelCircle positions itself to unlock value from agricultural residue while ensuring dependable biomass availability for industries pursuing cleaner fuels. The business has focused recent capital and operations on building aggregation and logistics capabilities and strengthening working capital to scale deliveries. Financially, it just raised a ₹35 crore bridge round from existing investors and is complementing that with additional working capital financing facilities. The company is preparing for a Series B as it seeks to deepen its role in India's bioenergy ecosystem and support the country's clean energy transition. BiofuelCircle was ranked 8th on LinkedIn's 2024 list of India's Top Startups.

Total raised

$18M

Funding rounds

4

Latest round

Preferred

Latest activity

Jul 2026