Diligence memo · auto-generated · as of July 2, 2026
Bion Environmental Technologies Inc
Bion Environmental Technologies Inc looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Bion Environmental Technologies Inc operates in Environmental Services, based in OLD BETHPAGE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bion Environmental Technologies Inc has raised $54M in disclosed capital across 36 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2015-07-01.
Most recent recorded round closed around 2024-05-31.
Filings read as a recurring offering program rather than a clean venture-stage ladder — interpret stage labels and step-ups with that in mind.
Valuation (modeled)modeled
Provath models Bion Environmental Technologies Inc at approximately $505K (range $125K–$1.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.02× the median modeled value of Series A Environmental Services companies in 2022–2024 (8 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 2.1 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 3.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Environmental Services peers (242 compared).
Modeled value ranks above 2% of those peers.
Closest niche peers: Phospholutions, Inc., Omni Recycling Holdings, LLC, NativState LLC, 3Degrees Group, Inc., Zhang Heng Technology Ltd.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.
Recurring-offering pattern: stage-based valuation has lower applicability.