To manufacture entirely biodegradable polylactic acid (PLA) foam with a high expansion ratio and a fine-cell structure, we attempted to design economically viable material recipe as well as the injection foam molding (FIM) process. It is well-known that PLA foam featuring high expansion and fine cells is challenging to achieve on FIM technique due to its intrinsically low melt strength. To overcome the inferior foaming characteristics of PLA in this study, nano-fibrils of polytetrafluoroethylene (PTFE) were added expecting an increase of molecular chain entanglements. Another bio-based biodegradable polymer, polyhydroxyalkanoate (PHA) was also blended with PLA to improve the impact strength of the final foams. High-pressure FIM process combined with mold-opening technique was performed to make highly expanded PLA foams with varied material recipes. A constant amount (0.6 wt%) of supercritical nitrogen was injected into FIM system and uniformly mixed with various polymer compositions. The gas-laden melt was injected into the mold cavity to create the foamed PLA samples. Finally, we could demonstrate that it is clearly feasible to manufacture entirely biodegradable PLA foams having a high expansion ratio and a desirable cellular structure using an advanced FIM process.