Fundz

German Firm Bind-X Secures €10M Funding For Sustainable Industrial Solutions

PRIVATEAug 01, 2023

Amount Raised

€10 Million

Round Type

Funding Round

PlaneggAgriculture and FarmingMining

Investors

Greeneering InvestSaxoventK&K 1HG Ventures

Description

German firm Bind-X takes the dust out of, well, dust, using its sustainable biological binding of materials. The industrial biotechnology Munich-based start-up has just raised over €10 million in a Series B round.

Quick answer

Bind-X raised €10 Million in a Funding Round round, dated August 1, 2023. Investors: Greeneering Invest, Saxovent, K&K 1 and HG Ventures. Bind-X is based in Planegg, Bavaria, Germany.

How much did Bind-X raise?
Bind-X raised €10 Million in a Funding Round round on August 1, 2023.
Who invested in Bind-X?
Greeneering Invest, Saxovent, K&K 1 and HG Ventures are named as investors in this round.
What does Bind-X do?
Since 2013 Bind-X is the universally applicable biotech link, which integrates value-adding sustainability into products and processes.
Where is Bind-X based and how big is it?
Bind-X is based in Planegg, Bavaria, Germany.
Who are the decision-makers at Bind-X?
Fundz holds 1 contact at Bind-X. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Mining around the same time

Companies in the same sectors as Bind-X that raised within 45 days of this round, from Fundz verified event records.

  • Disa Technologies raised $11M on September 13, 2023.
  • Biodel AG raised an undisclosed amount (Series A) on September 13, 2023.
  • Christina Lake Cannabis Corp raised an undisclosed amount (Funding Round) on September 8, 2023.
  • Allied Gold Corporation raised $6.9M on September 7, 2023.
  • altM raised $3.5M (Seed) on September 7, 2023.
  • CMC Metals Ltd raised $36K (Seed) on September 7, 2023.

Who to call at Bind-X, and when

A new round usually means Bind-X is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bind-X raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Bind-X, from your own LinkedIn network

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Company Information

Company

Bind-X

Location

Planegg, Bavaria, Germany

About

Since 2013 Bind-X is the universally applicable biotech link, which integrates value-adding sustainability into products and processes. Using the natural principle of binding loose substances through biomineralization, Bind-X makes industries and their products more sustainable, future-proof and creates additional value creation through released innovation potentials. Due to the broad application possibilities of solidification Bind-X enables numerous industries to use biotechnological know-how. As easy as the transition from loose to solid seems to be, the resulting compound is reliably stable and even scalable to large areas of application. This makes the principle suitable for almost all industries, across all sectors. The naturally bound product transforms a previously worthless starting material into a solid raw material that can be used and marketed for further processing. Previously complex and cost-intensive processes for meeting sustainable requirements can be profitably replaced by a product that is enhanced by means of value-adding sustainability. Open to industries – the Bind-Tech® technology platform: starting from the market entry in the mining industry, Bind-X has developed standardized products for natural dust binding. Thanks to modularization with a high degree of individualization, the principle of consolidation can also be used for numerous other industrial applications and sectors - starting with agriculture, through the construction industry to health care. The Bind-Tech® technology platform is the central product development hub for those customizable solutions. After defining the task, analyzing the samples and the prevailing environmental conditions, Bind-Tech® develops the appropriate product.

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