Bind-X

Bind-X

industrial biotechnology company whose mission is to increase the sustainability of established industries through the use of biobased products.

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Financials

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Revenues, earnings & profits over time
EUR202020212022
Revenues000000000000
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

More about Bind-X
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Bind-X, a pioneering startup based in Martinsried near Munich, Germany, specializes in industrial biotechnology with a focus on sustainability. The company has developed proprietary technologies centered around microbiologically induced calcite precipitation, a natural process where soil microorganisms induce the formation of calcium carbonate within the soil. This process, known as biomineralization, has been naturally occurring for millions of years and is now harnessed by Bind-X to create innovative industrial solutions.

Initially founded as Dust BioSolutions, Bind-X's first product targets the global raw materials industry, offering a customized solution to control dust more efficiently and environmentally friendly than existing alternatives. This product not only helps in reducing operational costs but also aligns with the increasing demand for sustainable industrial practices.

Bind-X operates within the biotechnology market, specifically focusing on industrial applications. Its business model revolves around developing and commercializing biotechnological solutions that enhance both sustainability and profitability for various industries. The company generates revenue by selling its customized biotechnological products and solutions to industrial clients, particularly those in the raw materials sector.

Currently, Bind-X is expanding its technology platform and product pipeline, working on several new applications of its core technology. This continuous innovation positions Bind-X as a forward-thinking leader in the biotech industry, committed to adding value through sustainable practices.

Keywords: biotechnology, sustainability, industrial applications, microbiology, calcite precipitation, dust control, raw materials, innovation, profitability, Germany.

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