About ecoLocked
ecoLocked is a company based in Berlin (Germany) founded in 2021 by Mario Schmitt, Micheil Gordon, and Stefanie Gerhart.. ecoLocked has raised $6.12 million across 2 funding rounds from investors including Sabanci Holding, Voyagers and Counteract. ecoLocked offers products and services including ecoLocked Materials and eLM Zero. ecoLocked operates in a competitive market with competitors including Solidiatech, Neustark, Carbicrete, Hoffmann Green Cement Technologies and Brimstone, among others.
- Headquarter Berlin, Germany
- Founders Mario Schmitt, Micheil Gordon, Stefanie Gerhart
-
Sectors
Real Estate & ConstructionEnvironment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.12 M (USD)
in 2 rounds
-
Latest Funding Round
$4.34 M (USD), Seed
Jun 03, 2024
-
Investors
Sabanci Holding
& 9 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ecoLocked
ecoLocked offers a comprehensive portfolio of products and services, including ecoLocked Materials and eLM Zero. 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.
Biochar-based admixtures that sequester carbon in concrete structures.
Enhances concrete performance while reducing emissions and material needs.
Unlock access to complete
Funding Insights of ecoLocked
ecoLocked has successfully raised a total of $6.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.34 million completed in June 2024. 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 2
- Last Round Seed — $4.3M
-
First Round
First Round
(22 Sep 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - ecoLocked | Valuation | Matterwave Ventures , Climentum Capital | |
| Sep, 2022 | Amount | Seed - ecoLocked | Valuation | Counteract |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ecoLocked
ecoLocked has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Sabanci Holding, Voyagers and Counteract. 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 |
|---|---|---|---|---|
|
Counteract is engaged in funding carbon removal innovations.
|
Founded Year | Domain | Location | |
|
Early-stage founders are supported by better ventures for impact.
|
Founded Year | Domain | Location | |
|
Matterwave Ventures is focused on funding early-stage industrial tech companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ecoLocked
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ecoLocked
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecolocked Comparisons
Competitors of ecoLocked
ecoLocked 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 Solidiatech, Neustark, Carbicrete, Hoffmann Green Cement Technologies and Brimstone, 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 |
The company is offering sustainable solutions for the construction industry
|
|
| domain | founded_year | HQ Location |
Provider of carbon mineralization technology that stores CO2 in demolished concrete.
|
|
| domain | founded_year | HQ Location |
Cement-free concrete technology is developed using by-products and captured CO2.
|
|
| domain | founded_year | HQ Location |
Manufacturer of low carbon cement
|
|
| domain | founded_year | HQ Location |
Low-carbon cement is produced via a carbon-negative process.
|
|
| domain | founded_year | HQ Location |
AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ecolocked
Frequently Asked Questions about ecoLocked
When was ecoLocked founded?
ecoLocked was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is ecoLocked located?
ecoLocked is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of ecoLocked?
Mario Schmitt is the current CEO of ecoLocked. They have also founded this company.
Is ecoLocked a funded company?
ecoLocked is a funded company, having raised a total of $6.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.78M, raised on Sep 22, 2022.
What does ecoLocked do?
ecoLocked was founded in 2021 and is based in Berlin, Germany. Operations are centered in the sustainable construction sector, where carbon-negative concrete and related building materials are produced. CO2-reduced concrete admixes, biocarbon products, and carbon removal credits are developed as part of these efforts. The companys activities address environmental challenges in the building industry through material innovation and carbon mitigation strategies.
Who are the top competitors of ecoLocked?
What products or services does ecoLocked offer?
ecoLocked offers ecoLocked Materials and eLM Zero.
Who are ecoLocked's investors?
ecoLocked has 10 investors. Key investors include Sabanci Holding, Voyagers, Counteract, Christoph Behn, and anne lemcke.