multiBIND
Latest round
- Seed
Last raised
- Oct 2006
Total raised
- $0.8M
Investors
- 2
About multiBIND
Founded in 2005 in Cologne, Germany, multiBIND biotec GmbH focuses on innovative decontamination technologies.multiBIND biotec GmbH specializes in innovative decontamination and disinfection solutions, with their flagship product, bioDECONT, being a new generation of biological decontamination agents. bioDECONT is designed to treat surfaces and equipment in various sectors including laboratories, industrial environments, and healthcare facilities. This product operates effectively as a single agent for managing unwanted nucleic acid contamination and mitigating risks associated with Horizontal Gene Transfer. Their client base includes manufacturers and distribution companies seeking to enhance their products' value and access new markets through licensing opportunities.50. The primary revenue source stems from partnerships and licensing agreements related to their bioDECONT product. Clients, including manufacturers and industrial companies, engage with multiBIND to license bioDECONT, enabling them to incorporate the agent into their own products.Looking ahead, multiBIND biotec GmbH aims to expand its product lineup with new decontamination solutions targeted for launch by 2024. The company plans to penetrate additional European markets, particularly focusing on regions with strict bio-safety regulations.63 mn will be utilized to support these growth initiatives, enhancing product development and market entry strategies.
Who invested in multiBIND
2 investors across 1 round
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Funding rounds
Seed
Oct 4, 2006
Amount
$0.8M
Investors
Questions about multiBIND
Who invested in multiBIND?
multiBIND has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has multiBIND raised?
multiBIND has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did multiBIND last raise money?
multiBIND's most recent round on record is a Seed, in Oct 2006.
What does multiBIND do?
Founded in 2005 in Cologne, Germany, multiBIND biotec GmbH focuses on innovative decontamination technologies.
Where is multiBIND headquartered?
multiBIND is headquartered in Cologne, Germany.
Which VCs invest in companies like multiBIND?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back biotechnology companies at multiBIND's stage. Their profiles are linked below.
VCs backing biotechnology startups at Seed
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