Assembly Line

German firm Bind-X secures €10M funding for sustainable industrial solutions

📅 Date:

✍️ Author: Fiona Alston

🔖 Topics: Funding Event

🏢 Organizations: Bind-X, HG Ventures, Saxovent

German firm Bind-X takes the dust out of, well, dust, using its sustainable biological binding of materials. The industrial biotechnology Munich-based start-up has just raised over €10 million in a Series B round. Funds will be put to use creating products for alternative weed management in agriculture, for ecological dust suppression in the mining industry and for bitumen reduction in road construction as the company seeks to expand its team. The funding round includes investment from HG Ventures, K&K 1, Saxovent, and Greeneering Invest.

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