Ecolectro

Ithaca, United States Founded: 2015 • Age: 11 yrs
Low-cost conductive alkaline polymer membranes for fuel cells are developed.

About Ecolectro

Ecolectro is a company based in Ithaca (United States) founded in 2015. Ecolectro has raised $28.42 million across 11 funding rounds from investors including DOE, New York State Energy Research and Development Authority and Techstars. Ecolectro offers products and services including Alkaline Exchange Materials and Green Hydrogen Solutions. Ecolectro operates in a competitive market with competitors including Ionomr Innovations, Celadyne, FCEV, Tang Feng Energy Technology and Danish Power Systems, among others.

  • Headquarter Ithaca, United States
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ecolectro.com
  • Social LinkedIn X Facebook
  • Legal Name Ecolectro Inc
Key Metrics
  • Total Equity Funding
    $28.42M (USD)

    in 11 rounds

  • Latest Funding Round
    $2.31M (USD), Series A

    Oct 2025

  • Investors
    DOE

    & 12 more

Products & Services of Ecolectro

Ecolectro offers a comprehensive portfolio of products and services, including Alkaline Exchange Materials and Green Hydrogen Solutions.

Alkaline Exchange Materials
Membrane Technology

Materials that enable low-cost, stable green hydrogen production

Green Hydrogen Solutions
Electrolyzer Technology

Systems for scalable, high-purity hydrogen generation

Funding Insights of Ecolectro

Ecolectro has successfully raised a total of $28.42M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $2.31 million completed in October 2025. 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.

  • Total Funding $28.42M
  • Total Rounds 11
  • Last Round Series A β€” $2.31M
  • Investors Count 13

Latest 10 of 11 funding rounds of Ecolectro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2025$2.31MSeries A––
–
Nov 2024$10.5MSeries A–Toyota Ventures
Nov 2023$10.61MSeries A––
–
Aug 2023$1MGrant––
Nov 2022$500,000Series A––
–
Mar 2022$4.5MSeries A–Starshot Capital
May 2020$747,653Grant––
Apr 2019$150,000Grant––
Nov 2018$1.7MGrant––
Jul 2016$149,999Grant––
Valuation history

13 investors in total: 13 institutional.

Investors in Ecolectro

Ecolectro has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include DOE, New York State Energy Research and Development Authority and Techstars.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–starshotcapital.com-
Investments in B2B sectors are made by DNX Ventures.
–dnx.vcSan Mateo, United States
-
–newclimateventures.com-
Venture capital firm and infrastructure firm investing in multiple sectors
–toyota.venturesLos Altos, United States
ERV is focused on investing in climate tech startups.
–erv.ioLondon, United Kingdom
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Caygan Capital is engaged in multi-asset investment management.
2009caygan.comSingapore, Singapore
ERV is focused on investing in climate tech startups.
–er-v.ioLondon, United Kingdom
Venture capital fund backed by the US Government
–seedfund.nsf.govAlexandria, United States
A global community of innovators addressing the climate crisis is supported.
–nexus-ny.orgRochester, USA
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Investor details for Ecolectro

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People of Ecolectro

15 people are tracked at Ecolectro (8 in leadership, 7 in team).

NameRoleGroup
Zina Spezakis, CFA
Chief Financial OfficerLeadership
Gabriel Rodriguez-Calero
Co-Founder & CEOLeadership
Kristina M. Hugar
Co-Founder & CSOLeadership
Brian Bauer
COOLeadership
Adam Dannenhoffer
Director of R&D, MaterialsLeadership
Jon Gordon
Chief Commercial Officer & General CounselLeadership
Kevin Grathwohl
Chief Of Staff & Business Development PrincipalLeadership
Jimmy John
Director, R&D, ElectrochemistryLeadership
Marcy Coe
Office ManagerTeam
Mario Ramos-Gares
Senior Research EngineerTeam
Lazim Jarif
Marketing & Communications SpecialistTeam
Sanduni Wijesooriya
Research ScientistTeam
Molly DeTuri
Lab ManagerTeam
Amy Parker
Research Engineer IITeam
Evelyn Johnson
R&D Polymer ChemistTeam
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Complete people profiles for Ecolectro

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Timeline of Ecolectro

3 dated milestones of Ecolectro across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ecolectro is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $2.3M.

Competitors of Ecolectro

Ecolectro 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 Ionomr Innovations, Celadyne, FCEV, Tang Feng Energy Technology and Danish Power Systems, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ionomr.com2017Vancouver, Canada$38M–
Ion-exchange membranes are developed for electrochemical applications.
celadynetech.com2018Chicago, United States$4.6M8
Develops advanced membranes for hydrogen fuel cells and electrolyzer efficiency in energy sectors.
ftxt-e.com2016Baoding, China$219.95M–
Batteries are manufactured by FCEV in Baoding, China.
tangfengenergy.com2017Shanghai, China$15.46M–
Provider of solutions for the low-platinum membrane-based electrodes
daposy.com1994Lyngby, Denmark–15
Manufactures membrane electrode assembly
fumatech.com1994Stuttgart, Germany––
Membranes for fuel cell systems and water treatment are developed.
pemeas.com2004Frankfurt, Germany$31.58M–
Develops components for fuel cell technology in the energy sector.
ionmembranes.com2023Istanbul, Turkey$750,000–
Ion exchange membranes are manufactured for selective ion transport applications.
enerage.com2004Arcadia, United States$4.3M–
Provider of integrated test automation and lab management solutions for transportation and energy sectors
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Detailed competitors of Ecolectro

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Latest news on Ecolectro

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Complete news archive for Ecolectro

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Similar companies to Ecolectro

10 companies that operate in the same segment as Ecolectro (Energy Storage Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
EV charging station network is operated for vehicle users.
2017Munchen, Bayern, GermanyUSD 791 M––
Platform offering smart electric vehicle charging solutions
2018London, England, United KingdomUSD 63.18 M––
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 1.88 B––
Provider of electric vehicle charging solutions
2009London, England, United KingdomUSD 58.39 M––
Monta is recognized as a provider of EV charging software solutions.
2020Copenhagen, DenmarkUSD 134.51 M––
Provider of EV battery-swapping network
2019Gurugram, Haryana, IndiaUSD 187.76 MUSD 22.56 M482
Portable electric vehicle charging solutions are developed and provided.
2014Boston, Massachusetts, United StatesUSD 104.86 M–50
Provider of solar integrated power storage system
2010Wildpoldsried, Bavaria, GermanyUSD 168.42 MUSD 132.91 M–
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, India–USD 34.18 M177
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Frequently Asked Questions about Ecolectro

Ecolectro was founded in 2015.

Ecolectro is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.

Ecolectro is a funded company, having raised a total of $28.42M across 11 funding rounds to date. The company's 1st funding round was a Grant of $150K, raised on Jun 2015.

Ecolectro was founded in 2015 in Ithaca, United States, within the clean energy sector. Focus is placed on developing a conductive alkaline polymer membrane for fuel cell membrane electrode assemblies. Platinum catalysts are replaced by non-precious metal alternatives through this technology. Fuel cells produced with it are estimated to achieve half the cost of existing systems and twice the durability, supporting advancements in affordable energy solutions.

Ecolectro's top competitors include Ionomr Innovations, FCEV and Tang Feng Energy Technology.

Ecolectro offers Alkaline Exchange Materials and Green Hydrogen Solutions.

Ecolectro has 13 investors. Key investors include DOE, New York State Energy Research and Development Authority, Techstars, Starshot Capital, and DNX Ventures.

Ecolectro operates through Ecolectro Inc.

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