Bind-X is an industrial biotechnology company led by founder and CEO Martin Spitznagel and based in Martinsried, Germany. Its mission is to increase the sustainability of established industries through the use of biobased products. The company’s product portfolio includes innovative solutions for various industries built on its multi-patented Bind-Tech® platform. Current focus areas include alternative weed control in agriculture, biological dust suppression in mining, and reducing the use of bitumen in road construction. Bind-X plans further global expansion and is preparing additional market entries in agriculture, mining, and infrastructure. It also intends to increase production capacity and expand the team across three international locations. The company recently closed a €10m financing round to support these initiatives.

Total raised

$11M

Funding rounds

1

Latest round

Series B

Latest activity

Aug 2023