BindEthics secures £150k in a seed round led by Lifted Ventures
Lifted Ventures led the seed investment alongside Mint Ventures.
BindEthics creates non-toxic, bio-based industrial adhesives derived from food and beverage brewing waste.
BindEthics has secured £150k in a seed funding round led by Lifted Ventures, with participation from Mint Ventures.
The company has developed a bio-adhesive derived from brewing waste to provide a recyclable and non-toxic alternative to conventional formaldehyde-based glues used in sectors such as furniture and packaging.
The investment will support the company as it advances its adhesive formulations and expands its manufacturing partnerships.
Investor perspective
"We are truly honoured to join BindEthics on their mission to replace harmful glues and support the critical healthy ageing sector. This is exactly the kind of purpose-led, women-led innovation that is aligned with our members investment values."
Gillian Fleming
Co-founder and CEO, Mint
Use of funds
- 01Continue product development
Investors
Categories
About the company
BindEthics
BindEthics manufactures sustainable bio-adhesives from brewing waste for industrial applications.