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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
Valuation & funding
BioBTX funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
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.
Comparisons
BioBTX compared with similar companies
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Talent graph
BioBTX's talent
Source: Dealroom Talent Intelligence.
Investors
10 investors on BioBTX's cap table
Sourced from Dealroom's funding and investor records.









Global footprint
Where BioBTX has talent and traffic
team presence
In the news
Latest news about BioBTX
Recent press, funding announcements, and product moves mentioning BioBTX — open to read from the original sources.
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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