Mint Ventures backs BindEthics Ltd. in £150k Seed Round led by Lifted Ventures
Mint Ventures is proud to announce investment in BindEthics Ltd, a pioneering sustainable commercial adhesive company transforming industrial food & beverage waste into high-performance, non-toxic adhesives supporting healthy homes as part of the £150k round led by Lifted Ventures.
This deal represents a powerful collaboration between two UK women-led angel investment groups, working together to help close the chronic funding gap facing women founders and leaders of UK start up businesses.
Why We Invested in BindEthics
🌱 1. Game-Changing Product Innovation
BindEthics has developed a world-first bio-adhesive derived from brewing waste, offering a non-toxic, fully recyclable alternative to conventional formaldehyde-based glues used in furniture wood. With wide application potential across the furniture, construction & packaging industries, BindEthics’ adhesives are:
Biodegradable
Low-carbon (up to 86% lower emissions than standard glues)
Cost-competitive
Scalable
Non-toxic and circular
True waste feedstock
🧠 2. Exceptional Diverse Founding Team
Led by CEO Victoria Garcia, who holds an MSc in Molecular Design & Synthesis, alongside CTO Alexandra Sirre & CFO Michiel Wolzak, the founding team combines deep technical expertise with commercial insight and leadership. The team has demonstrated a strong ability to:
Develop & optimise high-performance adhesive formulations
Scale from lab to manufacturing
Build partnerships with world class manufacturers and distributors
🌍 3. Massive ESG Impact
Healthier Homes
Replacing toxic adhesives with safe, plant-based alternatives dramatically reduces exposure to harmful chemicals.
Industrial Compatibility
Designed for manufacture with existing equipment
An Urgent Market Need
With the global adhesive sector valued at over £51.2 billion, industries are under pressure to find greener, safer alternatives due to evolving regulatory, environmental, and consumer demands & Bind Ethics is answering this call.
“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 Fleming, MD Mint Ventures
''We're delighted that we have been able to work with Mint Ventures in backing Bindethics to accelerate their growth journey. Women focussed investment organisations like Mint Ventures and Lifted Ventures are compounding their investments through powerful coinvestment conversations which as the latest Invest In Women Code results show have a significant investment amplification effect.'' Helen Oldham Co-Founder Lifted Ventures
Mint Ventures & Lifted Ventures are supported by the British Business Bank Scotland
Mary Jane Brouwers
Jamie Landale
Rebecca Trengove
Anna Lagerqvist Christopherson
Irina K.
Katrine Young