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§ Private Profile · New York City, NY, USA
Application security posture management (ASPM) software for enterprises, providing visibility and control to manage risks.
Bionic has raised $82.0M across 2 funding rounds.
Key people at Bionic.
Bionic has raised $82.0M in total across 2 funding rounds.
Based in Palo Alto, California, and Tel Aviv, Israel, Bionic develops application security posture management software that provides large enterprises with comprehensive visibility and control over their complex application architectures and data flows. The company operates an agentless platform designed to automatically reverse-engineer applications across on-premises, cloud-native, and hybrid IT environments. Operating under a software-as-a-service subscription model, the technology assists enterprise security, DevOps, and engineering teams in identifying and efficiently mitigating operational risks. The enterprise cybersecurity software firm has raised $17 million in total venture capital funding to scale its research and development and go-to-market operations globally. Bionic is backed by institutional lead investors Battery Ventures and Cyberstarts, alongside individual strategic investments from former senior executives at Symantec and Goldman Sachs. The organization was officially founded in 2019 by co-founders Idan Ninyo and Eyal Mamo.
Key people at Bionic.
Bionic has raised $82.0M across 2 funding rounds. Most recently, it raised $65.0M Series B in March 2022.
Bionic refers to Bionic Yarn, a mission-driven materials science company that produces high-grade textiles, polymers, and fabrics from recovered plastic waste, particularly marine and coastal plastics, to advance sustainability without compromising performance.[1] It serves leading brands in apparel and textiles, solving the dual problems of ocean plastic pollution and the demand for durable, traceable, eco-friendly materials by building recovery infrastructure in developing nations, creating jobs, and ensuring full traceability.[1] The company has gained traction through partnerships with industry leaders, driving measurable reductions in ocean plastic while maintaining high-performance standards.[1]
Bionic Yarn emerged from a commitment to environmental cleanup and materials innovation, though specific founding year and founders are not detailed in available sources.[1] The idea stemmed from recognizing that simply collecting plastic waste—especially from oceans and coastlines—requires robust infrastructure, which Bionic addressed by establishing public utility-like recovery systems in regions lacking waste management.[1] Early pivotal moments include pioneering traceable yarns from rescued plastics, expanding to holistic manufacturing that empowers local communities, and uniting brands around a shared mission to reduce ocean plastic, marking its evolution from niche yarn producer to sustainability leader.[1]
Bionic Yarn rides the wave of circular economy and regenerative materials trends, where materials science intersects with environmental tech to combat plastic pollution amid growing regulatory pressures and consumer demand for sustainable products.[1] Timing is critical as ocean plastic crises escalate and brands face scrutiny over supply chains; Bionic's infrastructure-first approach aligns with global sustainability goals like UN ocean health targets, influencing the textile ecosystem by setting standards for traceable, high-performance recycled materials.[1] It shapes broader adoption by proving profitability in purpose-driven innovation, encouraging competitors and partners to invest in recovery systems over virgin plastics.
Bionic Yarn is poised to scale its recovery networks and material innovations as sustainability mandates tighten and tech advances in polymer engineering accelerate, potentially expanding into new sectors like automotive or packaging.[1] Trends like AI-optimized recycling and bio-based hybrids will amplify its edge, evolving its influence from yarn specialist to ecosystem shaper that redefines industry norms for resilience and traceability. This positions Bionic as a resilient force, proving performance and planetary health can converge for lasting impact.
Bionic has raised $82.0M in total across 2 funding rounds.
Bionic's investors include Insight Partners, Battery Ventures, Boost VC, CapitalG, Cyberstarts VC, Dawn Capital, Founders Fund, F-Prime Capital Partners, Index Ventures, Lightspeed Venture Partners, Newion Investments, The General Partnership.
