About Bind-X
Bind-X is a company based in Planegg (Germany) founded in 2011 by Martin Spitznagel. Bind-X has raised $11.01 million across 6 funding rounds from investors including EIT Health, European Union and HG Ventures. Bind-X offers products and services including TerraBind, Customised Development, Staff Training, and Technical Support. Bind-X operates in a competitive market with competitors including INOQ, SUDAU AGRO, GreEnCAP, SOLENA and ABiTEP, among others.
- Headquarter Planegg, Germany
- Founders Martin Spitznagel
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Bind-X Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.01 M (USD)
in 6 rounds
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Latest Funding Round
$11.01 M (USD), Series B
Aug 01, 2023
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Investors
EIT Health
& 6 more
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Employee Count
Not available
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Products & Services of Bind-X
Bind-X offers a comprehensive portfolio of products and services, including TerraBind, Customised Development, Staff Training, and Technical Support.
Biological binder that stabilizes roads, reduces dust, and cuts water usage in mining.
Tailored binder solutions based on soil analysis for specific mining conditions.
On-site guidance for operators to optimize dust control implementation.
Advice and assistance for effective dust management in mining operations.
Funding Insights of Bind-X
Bind-X has successfully raised a total of $11.01M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $11.01 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Bind-X
Bind-X has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include EIT Health, European Union and HG Ventures.
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HG Ventures is focused on investing in sustainable technology companies.
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Government agency and accelerator focusing on innovative startups and SMEs
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Investor details for Bind-X
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Investments & Acquisitions by Bind-X
Investment portfolio details for Bind-X
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Financial Statements - Bind-X
Detailed financials for Bind-X
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Bind-X Comparisons
Peer comparison for Bind-X
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Competitors of Bind-X
Bind-X operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as INOQ, SUDAU AGRO, GreEnCAP, SOLENA and ABiTEP, among others.
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Provider of crop inputs for farming
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Farm biologicals are manufactured to enhance plant nutrition and growth.
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Crop protection solutions are provided using plant-based and aquaculture-waste materials.
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Online platform producing smart soil
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Microbial products are developed for sustainable agriculture and gardening applications.
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Detailed competitors of Bind-X
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Latest news on Bind-X
Complete news archive for Bind-X
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Frequently Asked Questions about Bind-X
Bind-X was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Bind-X is headquartered in Planegg, Germany. It is registered at Planegg, Bavaria, Germany.
Martin Spitznagel is the current CEO of Bind-X. They have also founded this company.
Bind-X is a funded company, having raised a total of $11.01M across 6 funding rounds to date.
Bind-X was founded in 2011 in Planegg, Germany, where technology for the solidification of particles is developed. Proprietary microbiologically induced calcite precipitation is utilized to transform dust into stone through biomineralization. In this bio-geochemical process, calcium carbonate is precipitated by microorganisms. Operations center on environmental and industrial applications in the biotechnology sector, with leadership provided by co-founder and CEO Martin Spitznagel.
Bind-X offers TerraBind, Customised Development, Staff Training, and Technical Support.
Bind-X has 7 investors. Key investors include EIT Health, European Union, HG Ventures, Saxovent, and Greeneering Invest.