What CBG Biotech Ltd does

CBG Biotech Ltd is a U.S.-based specialty manufacturer founded in 1995 that designs, builds, and services solvent recovery and distillation systems for laboratory, industrial manufacturing, and cannabis extraction customers. The company's technology stack centers on fractional and simple distillation hardware with closed-loop vapor filtration and UL2208 safety certification, configured through touchscreen interfaces with pre-programmed solvent settings. It also sells Formula 83™, a proprietary naphthenic xylene substitute developed by founder Gerald W. Camiener, Ph.D., that eliminates benzene-ring toxicity while preserving solvent performance for histology and pathology workflows.

The company operates three branded product lines. PathTrue™ addresses laboratory applications in histology, pathology, chemistry, and research with 2.5/5/10-gallon solvent, formalin, and FormaSolve recyclers. SolvTrue™ serves industrial manufacturers — including aerospace, automotive, 3D printing, coatings, and parts cleaning — with F Series (fractional), S Series (batch), PW Series (parts-washer integrated), and PWV Series (vapor-degreaser integrated) units. CannaTrue™ provides UL-Listed ethanol extraction and solvent recovery systems for licensed cannabis operators. Supporting offerings include subscription service plans, DIY preventative maintenance kits, and consumables distributed through the CBG Store.

CBG generates revenue primarily through one-time capital equipment sales (lab units priced at $14,000-$25,000; industrial pricing undisclosed), supplemented by recurring PathTrue™ subscription plans ($3,999-$5,199 annually), consumable sales of Formula 83™ ($44/gallon) and maintenance kits, and on-site field service for installation, training, and repair across North America. Distribution combines direct field sales for enterprise accounts, e-commerce for SMB/consumable buyers, and an international distributor network for non-North American markets. Notable reference customers include Yale University, Columbia University Medical Center, Formlabs, GN ReSound, ChemGenes, General Formulations, Mary's Medicinals, and aerospace precision-cleaning firms.

Name

CBG Biotech Ltd

Legal name

CBG Biotech

Website

https://cbgbiotech.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

CBG Biotech is a U.S. manufacturer founded in 1995 that designs and services solvent recovery and distillation systems for laboratory, industrial manufacturing, and cannabis extraction customers, with proprietary Formula 83 xylene substitute consumables.

Ownership category

akta.pro rank

Headquarters

HQ city

Bedford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Solvent Recycling Equipment Sales: Sale of solvent recovery and distillation equipment including PathTrue™ laboratory units ($14,000-$25,000 depending on capacity), SolvTrue™ industrial systems, and CannaTrue™ cannabis extraction systems. Equipment sales represent the primary revenue driver.
2. Service & Maintenance Plans: Annual subscription plans (Basic at $3,999, Plus at $4,499, Premium at $5,199) covering preventative maintenance, technical support, and discounted supplies for PathTrue™ recyclers.
3. DIY Maintenance Kits & Supplies: Pre-packaged maintenance kits and essential supplies for solvent recycling systems including spigots, strainers, fill tube assemblies, and EZ Clean solutions.
4. HAP-Free Solvents: Sale of proprietary Formula 83™ naphthenic solvent (xylene substitute) at $44/gallon or $161/case (4 gallons) for histology and pathology labs.
5. Field Service & Installation: On-site start-up, installation, training, and repair services performed by CBG technicians at customer locations across North America.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

CBG Biotech Ltd manufactures and sells solvent recovery and recycling equipment under three product lines: PathTrue™ for laboratory applications (histology, pathology, chemistry labs), SolvTrue™ for industrial manufacturing (parts washing, vapor degreasing, precision cleaning), and CannaTrue™ for cannabis and hemp extraction. The company also produces and sells Formula 83™, a proprietary naphthenic xylene substitute, alongside DIY maintenance kits and field service plans. Equipment is manufactured at the company's Solon, Ohio facility.

Product overview

CBG Biotech offers a portfolio of solvent recovery and recycling systems organized into three application-focused product lines: PathTrue™ for laboratory applications, SolvTrue™ for industrial applications, and CannaTrue™ for cannabis extraction. The PathTrue™ laboratory line includes solvent, formalin, and FormaSolve recyclers available in 2.5, 5, and 10-gallon capacities, along with essential supply kits and subscription service plans. The SolvTrue™ industrial line encompasses F Series (fractional distillation), S Series (batch recycling), PW Series (parts washer integration), and PWV Series (vapor degreaser integration) models, plus DIY maintenance kits. The CannaTrue™ cannabis line provides SRS solvent recovery systems and EPD ethanol extraction/processing systems. Supporting products include Formula 83™ xylene substitute, HAP-free solvents, and comprehensive service/maintenance offerings. All equipment features touchscreen interfaces, pre-programmed solvent configurations, and UL safety certifications.

Differentiator

Problem solved

Functional benefit

Brands

• PathTrue™: Laboratory solvent recyclers for histology, pathology, and chemical lab applications including PathTrue™ Solvent Recyclers, PathTrue™ Formalin Recyclers, and PathTrue™ FormaSolve Recyclers.
• SolvTrue™
• CannaTrue™
• Formula 83™

Products and services

• PathTrue™ Solvent Recyclers Laboratory solvent recyclers for recovering xylene, alcohol, acetone, and xylene substitutes in histology, pathology, chemistry, and research lab applications. Available in 2.5, 5, and 10 gallon capacities with touchscreen interface.
• PathTrue™ Formalin Recyclers Laboratory recycler specifically designed for recycling formalin used in tissue processing applications.
• PathTrue™ FormaSolve Recyclers Laboratory recycler for recycling FormaSolve solvent solutions used in laboratory applications.
• SolvTrue™ Industrial Solvent Recyclers Industrial solvent recycling systems offered as F Series (fractional distillation), S Series (batch recycling such as S700 and S1500), PW Series (parts washer integration including PW-4 15-gallon model), and PWV Series (vapor degreaser integration). Features touchscreen interfaces, pre-programmed solvent settings, and UL2208 safety approval.
• CannaTrue™ SRS Series Solvent recovery system for cannabis extraction operations, designed for recovering and recycling solvents used in cannabis oil production. UL-listed for cannabis production facility safety compliance.
• CannaTrue™ EPD System Ethanol extraction and processing system for cannabis oil distillation. Uses ethanol to capture cannabinoids from cannabis and hemp, producing fast, clean, full-spectrum crude oil.
• Formula 83™ Naphthenic Solvent Proprietary HAP-free xylene substitute for tissue processing and staining in laboratories and research facilities, based on naphthenic hydrocarbons developed by company founder Gerald W. Camiener, Ph.D. Available in 1-gallon containers ($44) and cases of 4 gallons ($161).

Quantifiable outcome

• 90-95% solvent recovery rate
• +4 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• International DistributorssupportingChannel Partner/ Reseller/ DistributorCBG Biotech maintains a network of international distributors to serve markets outside North America. The distributor portal provides login access for international partners.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• B/R Instrument Corp: B/R Instrument Corp manufactures a comparable line of solvent recyclers and parts washers for industrial and laboratory use. They are the most direct competitor to CBG's SolvTrue line, with overlapping fractional distillation technology and target customers in parts washing, vapor degreasing, and laboratory solvent recovery.
• Pope Scientific: Pope Scientific designs and manufactures process-scale wiped-film and short-path distillation equipment for laboratory and industrial chemical processing. Their core distillation expertise and target customer segments (specialty chemicals, pharma, biotech) closely overlap with CBG's SolvTrue fractional distillation systems.
• Ecodyst: Ecodyst manufactures modern lab and industrial-scale rotary evaporators for solvent recovery and concentration, directly competing in the laboratory solvent recycling category where CBG's PathTrue line is sold. Both companies target chemistry, cannabis, and research laboratories with touchscreen-controlled distillation equipment.
• Precision Extraction Solutions: Precision Extraction Solutions produces ethanol and hydrocarbon extraction equipment for cannabis operators, including closed-loop systems and distillation post-processing equipment. They compete directly with CBG's CannaTrue SRS and EPD lines for cannabis extraction and solvent recovery customers.

Broad incumbents

• BUCHI Labortechnik: BUCHI is a Swiss-based global leader in laboratory equipment including rotary evaporators, distillation systems, and parallel evaporation. While broader in product line and global scale than CBG, BUCHI directly overlaps with PathTrue in chemistry and histology laboratory solvent recovery applications.
• Heidolph Group: Heidolph manufactures laboratory rotary evaporators (Hei-VAP) and related process equipment widely used in chemistry and cannabis extraction laboratories. Their Hei-VAP product competes with CBG's PathTrue line for chemistry laboratory solvent recovery customers globally.
• Clean Harbors: Clean Harbors is a major North American environmental services company offering hazardous waste collection, treatment, and disposal. They are an alternate solution to CBG's recycling value proposition (paying for disposal versus in-house recycling), and overlap in serving industrial manufacturers generating EPA-regulated solvent waste streams.
• Stericycle: Stericycle provides regulated waste management services including hazardous and pharmaceutical waste disposal across North America. As a service alternative to CBG's solvent recycling equipment, Stericycle competes for the same waste disposal budget that CBG's recycling ROI calculator targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CBG_Biotech

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CBG Biotech Ltd