Total raised
$5.0M
Last: Seed 2006-04
Stage
Acquired
Founded
1999
Headcount
2
HQ
Kiryat Gat
Sector
Health Tech & Life Sciences
About
Exotech Bio Solutions is a chemical company that develops biodegradable and superabsorbent polymers in Israel. The company offers products for personal hygiene, agriculture, and nursing applications. Its technology could potentially be used for products such as biodegradable diapers and diet pills. Exotechs key innovation is the ethylene-bis-stearamide (EBS) compound. EBS is composed primarily of two ingredients, gelatine and stearine, and is designed to completely biodegrade in two months.
Funding history · 1 round · $5.0M total
2006-04
Seed
$5.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is the primary focus of Exotech Bio Solutions?
- Exotech Bio Solutions is a chemical company based in Israel that develops biodegradable and superabsorbent polymers.
- What types of products does Exotech Bio Solutions' technology support?
- Exotech Bio Solutions offers products for personal hygiene, agriculture, and nursing applications, with potential uses in biodegradable diapers and diet pills.
- What is Exotech Bio Solutions' key technological innovation?
- Exotech Bio Solutions' key innovation is the ethylene-bis-stearamide (EBS) compound, which is composed of gelatine and stearine and is designed to biodegrade completely within two months.
- When was Exotech Bio Solutions founded?
- Exotech Bio Solutions was founded in December 1999.
- What is the current status of Exotech Bio Solutions?
- Exotech Bio Solutions is currently inactive, having been acquired by PolyGreen in January 2016.
- How much funding has Exotech Bio Solutions raised in total?
- Exotech Bio Solutions has raised a total of $5,000,000 USD. For a full financing history, please refer to startupim.
- When did Exotech Bio Solutions complete its last funding round?
- Exotech Bio Solutions completed its last funding round, a Seed round, in April 2006, raising $5,000,000 USD.
- How many employees does Exotech Bio Solutions have?
- Exotech Bio Solutions has 2 employees.
- Who is a founder of Exotech Bio Solutions?
- Mendy Axlerad is a founder of Exotech Bio Solutions.
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