Biotatec
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | - | <1m | <1m | - |
% growth | - | (61 %) | (83 %) | - | - | (93 %) | - |
EBITDA | <1m | <1m | <1m | (<1m) | - | <1m | <1m |
% EBITDA margin | 42 % | 41 % | 224 % | - | - | 22385 % | - |
Profit | <1m | <1m | <1m | (<1m) | (<1m) | <1m | <1m |
% profit margin | 23 % | - | 17 % | - | (807 %) | 21985 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
* | €50.0k | Grant | |
* | N/A | Support Program | |
* | €2.3m | Grant | |
* | €1.9m | Grant | |
Total Funding | €4.3m |
Recent News about Biotatec
EditBiotaTec is an innovative startup specializing in biotreatment technologies for the mining industry. The company focuses on developing and licensing energy-efficient methods to treat low-grade ores, tailings, and other mining by-products. These biotreatment technologies use natural biological processes to extract valuable metals and minerals, making the mining process more sustainable and environmentally friendly.
BiotaTec primarily serves mining companies and environmental agencies looking for greener alternatives to traditional mining methods. The company operates in the biohydrometallurgy market, which combines biology and metallurgy to extract metals from ores using biological agents like bacteria. This market is gaining traction as industries seek to reduce their environmental footprint.
The business model of BiotaTec revolves around research and development (R&D) and licensing. The company invests heavily in R&D to create cutting-edge biotreatment technologies. Once developed, these technologies are licensed to mining companies, generating revenue through licensing fees and royalties. Additionally, BiotaTec offers consulting services to help clients implement these technologies effectively.
BiotaTec has achieved significant milestones, including winning the EIC Accelerator Green Deal grant, which has enabled the company to further equip its BioMining Centre and set up pilot-scale biotreatment units. These advancements have positioned BiotaTec as a leader in sustainable mining solutions.
In summary, BiotaTec is a forward-thinking company dedicated to making the mining industry more sustainable through innovative biotreatment technologies. By focusing on R&D and licensing, the company serves mining companies and environmental agencies, helping them adopt greener practices.
Keywords: Biotreatment, Mining, Sustainability, Biohydrometallurgy, Low-grade ores, Tailings, Licensing, R&D, Green technology, Environmental solutions.