Loading...

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 and 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, and 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 and Synthesis, alongside CTO Alexandra Sirre   and 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 and 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, 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 co-investment 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 and Lifted Ventures are supported by the British Business Bank.

Photographs accompanying this press release feature Victoria Garcia – Chief Executive Officer, BindEthics Logo, Products using the glue.

£150k

Mint Ventures backs BindEthics Ltd in £150k Seed Round led by Lifted Ventures

Mint Ventures backs BindEthics Ltd in £150k Seed Round led by Lifted Ventures

By Gillian Fleming Mint Ventures Profile 08 Oct 2025