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
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Sectors
Real Estate & ConstructionEnvironment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.12 M (USD)
in 2 rounds
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Latest Funding Round
$4.34 M (USD), Seed
Jun 03, 2024
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Investors
Sabanci Holding
& 9 more
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Employee Count
Employee Count
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Products & Services of ecoLocked
ecoLocked offers a comprehensive portfolio of products and services, including ecoLocked Materials and eLM Zero.
Biochar-based admixtures that sequester carbon in concrete structures.
Enhances concrete performance while reducing emissions and material needs.
People of ecoLocked
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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
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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 |
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.
| Investor | Description | Founded Year | Domain | Location |
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Counteract is engaged in funding carbon removal innovations.
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Early-stage founders are supported by better ventures for impact.
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Matterwave Ventures is focused on funding early-stage industrial tech companies.
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Investments & Acquisitions by ecoLocked
Financial Statements - ecoLocked
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.
| Company Name | Domain | Founded year | HQ Location | Description |
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The company is offering sustainable solutions for the construction industry
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Provider of carbon mineralization technology that stores CO2 in demolished concrete.
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Cement-free concrete technology is developed using by-products and captured CO2.
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Manufacturer of low carbon cement
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Low-carbon cement is produced via a carbon-negative process.
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AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors
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Frequently Asked Questions about ecoLocked
ecoLocked was founded in 2021 and raised its 1st funding round 1 year after it was founded.
ecoLocked is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Mario Schmitt is the current CEO of ecoLocked. They have also founded this 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.
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.
ecoLocked offers ecoLocked Materials and eLM Zero.
ecoLocked has 10 investors. Key investors include Sabanci Holding, Voyagers, Counteract, Christoph Behn, and anne lemcke.