BioBTX

Groningen, Netherlands Founded: 2012 • Age: 14 yrs
BTX is produced from non-food biomass and plastic waste.
Annual revenue - Latest available
Total funding $45.0M 6 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About BioBTX

BioBTX is a company based in Groningen (Netherlands) founded in 2012 by Cor Kamminga and Ton Vries. BioBTX has raised $45 million across 6 funding rounds from investors including Rijksdienst voor Ondernemend Nederland, Covestro and European Union. BioBTX offers products and services including ICCP Technology and BTX Products. BioBTX operates in a competitive market with competitors including Infinity Recycling, Waste2Wear, TotalEnergies Corbion, Morssinkhof Rymoplast and Heathland, among others.

  • Headquarter Groningen, Netherlands
  • Founders Cor Kamminga, Ton Vries
  • Sectors
    Environment
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  • Phone
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  • Website
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  • Social
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Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45 M (USD)

    in 6 rounds

  • Latest Funding Round
    $45 M (USD), Series A

    Jun 11, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of BioBTX

BioBTX offers a comprehensive portfolio of products and services, including ICCP Technology and BTX Products.

Product name locked
Category locked
Primary

Converts waste plastics and biomass into sustainable aromatics for industrial use

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are made in science-driven businesses.
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An investment fund focused on financing circular economy innovations.
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Infrastructure and venture capital funding is provided in key sectors.
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Investor details for BioBTX

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Investments & Acquisitions by BioBTX

Investments
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Investment portfolio details for BioBTX

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  • Portfolio identities
  • Transaction dates
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Financial Statements - BioBTX

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Detailed financials for BioBTX

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Biobtx Comparisons

BioBTX Primary company
Description
BTX is produced from non-food biomass and plastic waste.
Location
Groningen, Netherlands
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BioBTX

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Competitors of BioBTX

BioBTX 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 Infinity Recycling, Waste2Wear, TotalEnergies Corbion, Morssinkhof Rymoplast and Heathland, among others.

Company Name Domain Founded year HQ Location Description
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Invests in technologies to recycle plastic waste and create circular economy solutions.
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Provider of plastic recycling services
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Biobased bioplastics are produced from sustainable raw materials.
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Plastic waste recycling services are provided by Morssinkhof Rymoplast.
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Plastic recycling services are provided in Utrecht, Netherlands.
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Detailed competitors of BioBTX

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Latest news on Biobtx

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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 current CEO of BioBTX. 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 Morssinkhof Rymoplast.

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.

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