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
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ecolectro Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.42 M (USD)
in 11 rounds
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Latest Funding Round
$2.31 M (USD), Series A
Oct 23, 2025
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Investors
DOE
& 12 more
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Employee Count
Employee Count
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Products & Services of Ecolectro
Ecolectro offers a comprehensive portfolio of products and services, including Alkaline Exchange Materials and Green Hydrogen Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Materials that enable low-cost, stable green hydrogen production
Systems for scalable, high-purity hydrogen generation
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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 Total Funding
- Total Rounds 11
- Last Round Series A — $2.3M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series A - Ecolectro | Valuation |
investors |
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| Nov, 2024 | Amount | Series A - Ecolectro | Valuation | Toyota Ventures | |
| Nov, 2023 | Amount | Series A - Ecolectro | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Investments in B2B sectors are made by DNX Ventures.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ecolectro
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ecolectro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecolectro Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ion-exchange membranes are developed for electrochemical applications.
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| domain | founded_year | HQ Location |
Develops advanced membranes for hydrogen fuel cells and electrolyzer efficiency in energy sectors.
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| domain | founded_year | HQ Location |
Batteries are manufactured by FCEV in Baoding, China.
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| domain | founded_year | HQ Location |
Provider of solutions for the low-platinum membrane-based electrodes
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| domain | founded_year | HQ Location |
Manufactures membrane electrode assembly
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ecolectro
Frequently Asked Questions about Ecolectro
When was Ecolectro founded?
Ecolectro was founded in 2015.
Where is Ecolectro located?
Ecolectro is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.
Is Ecolectro a funded company?
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 Series A of $10.61M, raised on Jun 01, 2015.
What does Ecolectro do?
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.
Who are the top competitors of Ecolectro?
Ecolectro's top competitors include Ionomr Innovations, FCEV and Tang Feng Energy Technology.
What products or services does Ecolectro offer?
Ecolectro offers Alkaline Exchange Materials and Green Hydrogen Solutions.
Who are Ecolectro's investors?
Ecolectro has 13 investors. Key investors include DOE, New York State Energy Research and Development Authority, Techstars, Starshot Capital, and DNX Ventures.