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BioBTX

Energy · Groningen, Netherlands · Founded 2012

BioBTX technology makes full carbon circularity possible, by transforming biomass and plastic waste into renewable chemicals, MoreLess

BioBTX is a pioneering company that specializes in converting non-food biomass and plastic waste into BTX (Benzene, Toluene, and Xylene), which are essential aromatics in the chemical industry. This innovative approach not only addresses the growing demand for BTX but also provides a sustainable alternative to fossil-based resources. By utilizing waste materials, BioBTX significantly reduces CO2 emissions and contributes to a circular economy, where plastics can be recycled and reused, minimizing environmental impact.

BioBTX primarily serves clients in the chemical and plastics industries, offering them a sustainable solution to produce high-performance materials. The company operates in the global market, where the demand for BTX continues to rise due to increasing population and welfare. BioBTX's business model revolves around transforming waste into valuable resources, thereby creating a competitive edge and a viable economic proposition.

Revenue is generated through the sale of sustainable BTX to chemical companies and manufacturers who are looking to reduce their reliance on fossil fuels and lower their carbon footprint. By providing a cost-effective and eco-friendly alternative, BioBTX positions itself as a key player in the transition towards sustainable industrial practices.

Keywords: sustainable BTX, biomass conversion, plastic waste recycling, chemical industry, circular economy, CO2 reduction, high-performance materials, fossil-free resources, environmental impact, innovative solutions.

Company overview

BioBTX company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2012
Headquarters
Groningen, Netherlands
Employees
23
Open positions
None listed
Dealroom signal
70.0
client focusb2btechnologyDeep Techsub industryClean Energysub industryOil & Gassub industryEnergy Efficiencysub industryWaste Solutionbusiness modelManufacturingsectorRecyclingsectorBiotechnologysectorBiomaterialssectorBiochemicalsectorChemicalsectorSpinoutsectorSustainable Development Goals

Valuation & funding

BioBTX funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Jun 2024 $21M Polestar Capital · Provincie Groningen
LATE VCOther financing Jun 2024 $46M $185M Infinity Recycling · NOM - Northern Netherlands Regional Development Agency · Carduso Capital · Economic Board Groningen
GRANTOther financing Jun 2024 $88M Government of the Netherlands
SERIES BOther financing Dec 2019 $1.6M $6.6M NOM - Northern Netherlands Regional Development Agency · Carduso Capital · Economic Board Groningen
SERIES AOther financing Jan 2017 $5.5M $22M Carduso Capital
SPINOUTOther financing Jan 2012 University of Groningen
Showing 6 recorded eventsUnlock the complete deal history →

Growth signals

BioBTX website traffic

Latest recorded traffic for BioBTX is 600 monthly website visits, down 81.3% over the last three months. BioBTX's team grew 4.5% over the past year.

Latest monthly visits600 3-month web change-81.3% 1-year team growth+4.5%
Monthly website visits103 observations · Jun 2017–Jun 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

BioBTX compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
CarbiosCreates a new generation of fully biodegradable plastics with a controlled lifespan, a process enabling infinite biorecycling of plastic waste Clermont-Ferrand, France Operational 102 $56M $86M
MelodeaOffers bio-based solutions that provide different industries with tools to improve performance while using sustainable materials that do not harm the environment Rehovot, Israel Operational
Recycling TechnologiesProprietary technology that transforms plastic waste into Plaxx® - liquid hydrocarbon feedstock that can be used for manufacturing new plastic Swindon, United Kingdom Closed
LactipsLactips makes recyclable food packaging, with casein-based thermoplastics (milk protein), the only biodegradable and water-soluble substance Saint-Paul-en-Jarez, France Operational
AvantiumProvides high-throughput RandD technologies for applications in the energy, chemicals and pharmaceutical industries Amsterdam, Netherlands Operational
XamplaBiodegradable, plant-protein materials replacing single-use plastics. Milton, United Kingdom Operational
IoniqaSpecialized in creating value out of plastic waste by using its proprietary circular technology Eindhoven, Netherlands Operational
Econic TechnologiesCatalyst technology converting CO2 into high-performance polymers Macclesfield, United Kingdom Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

BioBTX's talent

Book a demo to see the people
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

10 investors on BioBTX's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
Government of the Netherlands
Series A 3 investors entered at this stage
Carduso Capital
NOM - Northern Netherlands Regional Development Agency
Economic Board Groningen
Series B+ 5 investors entered at this stage
Polestar Capital
Provincie Groningen
Infinity Recycling
Covestro
Invest-NL
Other known 1 additional known investor
University of Groningen

Global footprint

Where BioBTX has talent and traffic

Workforce by country
2 countries with
team presence
🇳🇱 Netherlands94.1%
🇫🇷 France5.9%
2 countries shown

In the news

Latest news about BioBTX

Recent press, funding announcements, and product moves mentioning BioBTX — open to read from the original sources.

See all news

Market sentiment

What the market is saying about BioBTX

An AI-synthesized read of the highest-engagement posts about BioBTX on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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