In a major development for the Indian tech industry, Bengaluru based deep tech startup BioCompute has announced it is closing its India operations and relocating to San Francisco. Founded in 2024 by 24 year old entrepreneur Anagha Rajesh, the company is developing revolutionary technology to store digital data inside microscopic DNA strands instead of traditional computer hardware.
During its two years in Bengaluru, BioCompute achieved remarkable milestones. The startup successfully built a working prototype and reduced DNA data storage costs from ₹3.5 lakh to just ₹100 per MB. The company raised over ₹5 crore in capital from investors like Zerodha co founder Nikhil Kamaths WTFund, gradCapital, 1517 Fund, and government grants from MeitY.
However, Anagha Rajesh explained in a blog post that developing commercial DNA chips requires patient, risk tolerant ecosystem capital. While praising India for its exceptional engineering talent, she emphasized that the local ecosystem currently lacks the appetite for high risk, multi year deep tech projects that require long scientific validation before generating revenue. San Francisco offers BioCompute direct access to specialized deep tech investors, advanced scientific infrastructure, and global enterprise clients. This strategic move highlights a critical challenge for India in retaining top tech innovators who need long term capital support for futuristic ideas.
