Germany · Mining & metals startup

Bind-X

Bind-X is an industrial biotechnology company founded in 2011, originally known as Dust BioSolutions.

Funding reportedLast round: Series B

Mining & metalsPlanegg, Germany

About Bind-X

Bind-X is an industrial biotechnology company founded in 2011, originally known as Dust BioSolutions.

The company focuses on developing biological binders aimed at enhancing sustainability in heavy industries, particularly in dust control and road stabilization on mine sites. Their mission is to help mines operate more sustainably by using less water. The core technology of Bind-X is biocementation, a natural process where microorganisms precipitate calcium carbonate to solidify loose materials. Their primary product, TerraBind, creates semi-permeable layers that prevent dust and weed growth. Bind-X also offers solutions for dust control that are more environmentally friendly and cost-effective than traditional methods, as well as road stabilization services that require significantly less water. Additionally, they provide customized development and technical support to ensure effective implementation of their technologies. Headquartered in Planegg, Germany, Bind-X operates a production facility in Centurion, South Africa, and has a logistics hub in Western Australia. The company serves mining customers globally and also targets agriculture and construction sectors with its innovative solutions.

What company datasets say Bind-X raised

Funding, as reported

Reported in all11Min the source's currency
Last roundSeries B
Last round size11M
Last round dateAug 2023
Investors listed5

Founders and team

From Bind-X's own website: 2 on the team.

  • Eramet SenegalMining services manager Grande Côte Opérations (GCO)
  • Heinz SchwanManaging Director

The company, in detail

What they build

Known for

tailings dust controlbiological road stabilisationerosion controlservicesmining infrastructure reinforcementsoil stabilisationdust suppressionb2bmininghaul road construction

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Sector
Mining & metals
Industry code
NAICS 541714, 541620
Region
Bavaria

Mining & metals in Germany

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