# Bind-X

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bind-x

- Industry: Biotechnology
- Headquarters: Germany
- Website: www.bind-x.com
- Total disclosed funding: $11M
- Latest round: Series B (Jun 20, 2023)
- Investors on record: 6

## About

Based in Bavaria, Germany, and founded in 2013, Dust BioSolutions doing business as Bind-X GmbH operates as a biotechnology company that offers industrial applications of biotechnology. The company was founded by its CEO Martin Spitznagel. In June 2023, Bind-X GmbH raised EUR 10 million in series B funding led by HG Ventures, Greeneering Invest, and K&K l Gbr.

The company offers customized biotechnology-based dust repellent and weed management solutions to its clients. It offers a liquid solution that is sprayed in an area using equipment that solidifies and bound the sand particles together. The weed management solution offered by the firm impedes the growth of unwanted plants by inducing a physical, semi-permeable layer within the soil.

## Funding rounds

- Series B, Jun 20, 2023, $11M — High-Tech Gruenderfonds, HG Ventures, Saxovent, Vantage Value, K&K l Gbr, Greeneering Invest

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series B
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Series B
- Saxovent (https://capitalatlas.ai/funds/saxovent) — Series B
- Vantage Value (https://capitalatlas.ai/funds/vantage-value) — Series B
- K&K l Gbr — Series B
- Greeneering Invest — Series B