B
Bind-X
industrial biotechnology company whose mission is to increase the sustainability of established industries through the use of biobased products
About Bind-X
Bind-X, a pioneering startup based in Martinsried near Munich, Germany, specializes in industrial biotechnology with a focus on sustainability. The company has developed proprietary technologies centered around microbiologically induced calcite precipitation, a natural process where soil microorganisms induce the formation of calcium carbonate within the soil. This process, known as biomineralization, has been naturally occurring for millions of years and is now harnessed by Bind-X to create innovative industrial solutions.
Initially founded as Dust BioSolutions, Bind-X's first product targets the global raw materials industry, offering a customized solution to control dust more efficiently and environmentally friendly than existing alternatives. This product not only helps in reducing operational costs but also aligns with the increasing demand for sustainable industrial practices.
Bind-X operates within the biotechnology market, specifically focusing on industrial applications. Its business model revolves around developing and commercializing biotechnological solutions that enhance both sustainability and profitability for various industries. The company generates revenue by selling its customized biotechnological products and solutions to industrial clients, particularly those in the raw materials sector.
Currently, Bind-X is expanding its technology platform and product pipeline, working on several new applications of its core technology. This continuous innovation positions Bind-X as a forward-thinking leader in the biotech industry, committed to adding value through sustainable practices.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Planegg, Germany
- Employees
- 18
- Open positions
- None listed
- Dealroom signal
- 69.1/100
- Sub-industry
- AgriTech
- Sector
- Food, Biotechnology, Sustainable Development Goals, EIC, Industrial Technology, Climate Tech, Hard Tech, Horizon Europe, NIF defense security and resilience, NIF Crisis preparedness
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Aug 2023 | $11M | $44M | HG Ventures · Vantage Value · Greeneering Invest · HTGF | ↗ |
| GRANT✓Other financing | May 2020 | $1.6M | — | European Innovation Council | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Bind-X is 740 monthly website visits, down 38.3% over the last three months. Bind-X's team declined 5.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
European Innovation Council
Series A6 investors entered at this stage
HG Ventures
Vantage Value- GIGreeneering Invest
HTGF
Saxovent- K1K&K 1
Other known investors2 additional known investors
Innovation and Start-Up Center for Biotechnology (IZB)
K&K
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bind-X on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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