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
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Sectors
Environment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 6 rounds
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Latest Funding Round
$45 M (USD), Series A
Jun 11, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of BioBTX
BioBTX offers a comprehensive portfolio of products and services, including ICCP Technology and BTX Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 6
- Last Round Series A — $45.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Debt – Conventional - BioBTX | Valuation |
investors |
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| Jun, 2024 | Amount | Grant - BioBTX | Valuation |
investors |
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| Jun, 2024 | Amount | Series A - BioBTX | Valuation | Covestro |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BioBTX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BioBTX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biobtx Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Biobased bioplastics are produced from sustainable raw materials.
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| domain | founded_year | HQ Location |
Plastic waste recycling services are provided by Morssinkhof Rymoplast.
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| domain | founded_year | HQ Location |
Plastic recycling services are provided in Utrecht, Netherlands.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biobtx
Frequently Asked Questions about BioBTX
When was BioBTX founded?
BioBTX was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is BioBTX located?
BioBTX is headquartered in Groningen, Netherlands. It is registered at Groningen, Groningen, Netherlands.
Who is the current CEO of BioBTX?
Cor Kamminga is the current CEO of BioBTX. They have also founded this company.
Is BioBTX a funded company?
BioBTX is a funded company, having raised a total of $45M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20.3M, raised on Oct 16, 2017.
What does BioBTX do?
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.
Who are the top competitors of BioBTX?
BioBTX's top competitors include TotalEnergies Corbion, Waste2Wear and Morssinkhof Rymoplast.
What products or services does BioBTX offer?
BioBTX offers ICCP Technology and BTX Products.
Who are BioBTX's investors?
BioBTX has 9 investors. Key investors include Rijksdienst voor Ondernemend Nederland, Covestro, European Union, NVNOM, and Carduso Capital.