Last updated 2026-07-23
- Acquired by PolyGreen, Jan 2016
- Raised $5M Seed round, Mar 2006
Total raised
$5.0M
Last: Undisclosed Round 2006-04
Stage
Acquired
Founded
1999
Headcount
2
HQ
Kiryat Gat, Israel
Sector
Health Tech & Life Sciences
About
Exotech Bio Solutions is an Israeli chemical company that develops biodegradable and superabsorbent polymers. Their key innovation is ethylene-bis-stearamide (EBS), a compound primarily composed of gelatin and stearine, designed to completely biodegrade within two months. The company's technology has potential applications in products like biodegradable diapers and diet pills, and they offer products for personal hygiene, agriculture, and nursing.
Funding history · 1 round · $5.0M total
2006-03
Seed
$5.0M
Headcount over time
From 2 (2019-02) to 5 (2026-07) · +3 (+150%) · 2 points · source: Finder history + radar grounding
Q&A
- What is Exotech Bio Solutions' primary focus?
- Exotech Bio Solutions is a chemical company based in Israel that develops biodegradable and superabsorbent polymers.
- What types of products can Exotech Bio Solutions' technology be used for?
- The company's technology offers products for personal hygiene, agriculture, and nursing applications, with potential uses in biodegradable diapers and diet pills.
- What is Exotech Bio Solutions' key innovation?
- Exotech Bio Solutions' key innovation is the ethylene-bis-stearamide (EBS) compound, which is composed primarily of gelatine and stearine and is designed to completely biodegrade in two months.
- When was Exotech Bio Solutions founded?
- Exotech Bio Solutions was founded in December 1999.
- How much funding did Exotech Bio Solutions raise in total?
- Exotech Bio Solutions raised a total of $5,000,000.
- When was Exotech Bio Solutions' last funding round?
- Exotech Bio Solutions' last funding round occurred in April 2006, raising $5,000,000.
- What is the current status of Exotech Bio Solutions?
- Exotech Bio Solutions was acquired by PolyGreen in January 2016 and is currently inactive.
- How many employees does Exotech Bio Solutions have?
- Exotech Bio Solutions has 1-10 employees.
- Does Exotech Bio Solutions hold any patents?
- Yes, Exotech Bio Solutions holds one patent.
Team · 1
Mendy Axlerad
Founder · Founder
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
Materials & SubstancesPolymers
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2B
Highlights
1 Patents
Tags
biodegradablepharmaceuticalsmaterialsindustrial-technologies
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/6572920 |
Identifiers & details
| Legal name | Exotech Bio Solutions Ltd. |
|---|---|
| Founded | 1999-12 |
| Employees (exact) | 2 |
| Offices | San Francisco |
| Status reason | Acquired (Inactive) by PolyGreen on Jan 2016 - closed due to acquisition |
Acquisitions & public offerings
Acquired by PolyGreen 2016-01
Radar intelligence
Patents
| EPO | 5 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 512866930 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1999-12-09 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | המדע 1 רחובות |