About BioBTX
BioBTX is an Environment company based in Groningen (Netherlands) founded in 2012 by Cor Kamminga and Ton Vries. BTX is produced from non-food biomass and plastic waste. BioBTX has raised $45 million across 6 funding rounds from investors including Rijksdienst voor Ondernemend Nederland, Covestro and European Union. Its chief executive, as recorded, is Cor Kamminga. BioBTX offers products and services including ICCP Technology and BTX Products. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling. Its competitors include Infinity Recycling, Waste2Wear and TotalEnergies Corbion; 1 of its 3 listed competitors has raised funding.
Company details
BioBTX was founded in 2012 in Groningen, Netherlands, and operates in the sustainable chemicals sector. Non-food biomass and end-of-life plastic waste are converted into BTX and other circular chemical building blocks. Services focus on processing these materials to create sustainable alternatives for industrial use, supporting waste reduction and resource recovery in the region.
- Headquarters Groningen, Netherlands
- Founders Cor Kamminga, Ton Vries
- SectorsEnvironment
- Email••••••••
- Website biobtx.com
- Social LinkedIn X
- Total Equity Funding$45M (USD)
in 6 rounds
- Latest Funding Round$45M (USD), Series A
Jun 2024
- Investors
Products & Services of BioBTX
BioBTX offers a comprehensive portfolio of products and services, including ICCP Technology and BTX Products.
Converts waste plastics and biomass into sustainable aromatics for industrial use
Provides renewable benzene, toluene, and xylenes for manufacturing and coatings
Funding Insights of BioBTX
BioBTX has successfully raised a total of $45M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $45 million completed in June 2024. 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.
- Total Funding $45M
- Total Rounds 6
- Last Round Series A — $45M
- Investors Count 9
All 6 funding rounds of BioBTX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $20.3M | Debt – Conventional | – | – | |
| Jun 2024 | $15.09M | Grant | – | – | |
| Jun 2024 | $45M | Series A | – | Covestro | |
| Oct 2021 | $623,358 | Grant | – | – | |
| Oct 2018 | $424,449 | Grant | – | – | |
| Oct 2017 | Seed | – | Carduso Capital | – |
9 investors in total: 9 institutional.
Investors in BioBTX
BioBTX has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Rijksdienst voor Ondernemend Nederland, Covestro and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made in science-driven businesses. | cardusocapital.com | Groningen, Netherlands | ||
An investment fund focused on financing circular economy innovations. | pcdf.nl | Utrecht, Netherlands | ||
Infrastructure and venture capital funding is provided in key sectors. | invest-nl.nl | Amsterdam, Netherlands | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provider of subsidies and financial support for businesses | 2014 | rvo.nl | Haag, Germany | |
Advanced polymer materials are manufactured for industrial applications. | 2015 | covestro.com | Leverkusen, Germany | |
Invests in technologies to recycle plastic waste and create circular economy solutions. | 2020 | infinity-recycling.com | Rotterdam, Netherlands | |
Management consulting and business management services are provided to clients. | 2007 | nvnom.com | Groningen, Netherlands | |
Economic development is supported for SMEs in Groningen province. | economicboardgroningen.nl | Winsum, Netherlands |
Investor details for BioBTX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BioBTX
2 people are tracked at BioBTX (2 in leadership).
| Name | Role | Group |
|---|---|---|
Cor Kamminga | Co-Founder & CEO | Leadership |
Ton Vries | Co-Founder & CEO | Leadership |
Complete people profiles for BioBTX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BioBTX
3 dated milestones of BioBTX across 12 years, from founding to its latest funding, stage changes and deals.
- Founded BioBTX is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $45.0M.
Competitors of BioBTX
BioBTX has 3 listed competitors in our database, 1 of them funded. They include Infinity Recycling, Waste2Wear and TotalEnergies Corbion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| infinity-recycling.com | 2020 | Rotterdam, Netherlands | Invests in technologies to recycle plastic waste and create circular economy solutions. | |||
| waste2wear.com | 2016 | Lijnden, Netherlands | $6.6M | Provider of plastic recycling services | ||
| totalenergies-corbion.com | 2017 | Gorinchem, Netherlands | Biobased bioplastics are produced from sustainable raw materials. |
Detailed competitors of BioBTX
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- Full competitor set
- Operating metrics
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- Competitive positioning
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Web traffic of BioBTX
The website of BioBTX (biobtx.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 61.9% vs previous month
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Related news about Biobtx
Complete news archive for BioBTX
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Frequently Asked Questions about BioBTX
BioBTX was founded in 2012 and raised its 1st funding round 5 years after it was founded.
BioBTX is headquartered in Groningen, Netherlands. It is registered at Groningen, Groningen, Netherlands.
Cor Kamminga is the CEO of BioBTX, as recorded in our data. They have also founded this company.
BioBTX is a funded company, having raised a total of $45M across 6 funding rounds to date.
BioBTX was founded in 2012 in Groningen, Netherlands, and operates in the sustainable chemicals sector. Non-food biomass and end-of-life plastic waste are converted into BTX and other circular chemical building blocks. Services focus on processing these materials to create sustainable alternatives for industrial use, supporting waste reduction and resource recovery in the region.
BioBTX's top competitors include TotalEnergies Corbion, Waste2Wear and Infinity Recycling.
BioBTX offers ICCP Technology and BTX Products.
BioBTX has 9 investors. Key investors include Rijksdienst voor Ondernemend Nederland, Covestro, European Union, NVNOM, and Carduso Capital.