Ecoin Energy

Daejeon, South Korea Founded: 2015 • Age: 11 yrs
Waste plastic is recycled through pyrolysis liquefaction machinery.
Annual revenue - Latest available
Total funding $1.7M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Ecoin Energy

Ecoin Energy is a company based in Daejeon (South Korea) founded in 2015. Ecoin Energy has raised $1.66 million across 1 funding round from investors including Hanwha and Mysocial. Ecoin Energy operates in a competitive market with competitors including DePoly, Itero, Plastogaz, Poseidon Plastics and BlueAlp, among others.

  • Headquarter Daejeon, South Korea
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.66 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.66 M (USD), Seed

    May 29, 2023

  • Investors
    Hanwha

    & 1 more

  • Employee Count
    Not available
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Funding Insights of Ecoin Energy

Ecoin Energy has successfully raised a total of $1.66M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.66 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Ecoin Energy

Ecoin Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hanwha and Mysocial.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of solar cells, modules, and other related components
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Platform providing analytics, tools, and connections for social media influencers.
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Investor details for Ecoin Energy

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Investments & Acquisitions by Ecoin Energy

Investments
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Investment portfolio details for Ecoin Energy

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Financial Statements - Ecoin Energy

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Detailed financials for Ecoin Energy

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Ecoin Energy Comparisons

Ecoin Energy Primary company
Description
Waste plastic is recycled through pyrolysis liquefaction mac...
Location
Daejeon, South Korea
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ecoin Energy

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Competitors of Ecoin Energy

Ecoin Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DePoly, Itero, Plastogaz, Poseidon Plastics and BlueAlp, among others.

Company Name Domain Founded year HQ Location Description
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Unsorted PET waste is recycled into virgin-grade raw materials.
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Plastic waste is converted into petrochemicals via chemical recycling solutions.
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Provider of technology to convert plastic waste into chemicals
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Chemical recycling technology for PET plastic waste is developed.
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Product oil is manufactured by BlueAlp in the Netherlands.
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Detailed competitors of Ecoin Energy

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Latest news on Ecoin Energy

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Complete news archive for Ecoin Energy

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Frequently Asked Questions about Ecoin Energy

Ecoin Energy was founded in 2015 and raised its 1st funding round 8 years after it was founded.

Ecoin Energy is headquartered in Daejeon, South Korea.

In Lee is the current CEO of Ecoin Energy.

Ecoin Energy is a funded company, having raised a total of $1.66M across 1 funding round to date.

Ecoin Energy was founded in 2015 in Daejeon, South Korea, within the waste recycling sector. Machinery for pyrolysis liquefaction is developed to process plastic waste. Thermal depolymerization via hydrothermal liquefaction is utilized to convert wet biomass and macromolecules into crude-like oil under moderate temperatures and high pressure. Operations focus on sustainable conversion technologies for industrial applications.

Ecoin Energy's top competitors include DePoly, Itero and BlueAlp.

Ecoin Energy has 2 investors. Key investors include Hanwha, and Mysocial.

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