About Econic Technologies
Econic Technologies is a company based in Macclesfield (United Kingdom) founded in 2011 by Charlotte Williams and Mike Kember.. Econic Technologies has raised $43.19 million across 12 funding rounds from investors including Gov.uk, IP Group and European Union. Econic Technologies offers products and services including CO2 Catalyst Technology and Licensing Services. Econic Technologies operates in a competitive market with competitors including Newlight Technologies, Cemvita, Mango Materials, Biotic and Mars Materials, among others.
- Headquarter Macclesfield, United Kingdom
- Founders Charlotte Williams, Mike Kember
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Sectors
EnvironmentChemicals & Materials
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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 Econic Technologies Ltd
- Date of Incorporation 24 Jun, 2011
- Jurisdiction CHESHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.19 M (USD)
in 12 rounds
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Latest Funding Round
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Investors
Gov.uk
& 14 more
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Employee Count
Employee Count
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Products & Services of Econic Technologies
Econic Technologies offers a comprehensive portfolio of products and services, including CO2 Catalyst Technology and Licensing Services. 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.
Patented catalyst for converting CO2 into renewable materials.
Process licensing for CO2 transformation in manufacturing.
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Funding Insights of Econic Technologies
Econic Technologies has successfully raised a total of $43.19M across 12 strategic funding rounds. 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 12
- Last Round Last Round
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First Round
First Round
(13 Feb 2012)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Series E - Econic Technologies | Valuation | Taranisinvestments |
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| Aug, 2022 | Amount | Series D - Econic Technologies | Valuation |
investors |
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| Apr, 2022 | Amount | Series D - Econic Technologies | Valuation | Capricorn Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Econic Technologies
Econic Technologies has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, IP Group and European Union. 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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Investments are directed by Capricorn Partners into European tech ventures.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Econic Technologies
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Econic Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Econic Technologies Comparisons
Competitors of Econic Technologies
Econic Technologies 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 Newlight Technologies, Cemvita, Mango Materials, Biotic and Mars Materials, 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 |
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| domain | founded_year | HQ Location |
Provider of sustainable material using methane-based greenhouse gases
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Developer of biotechnology that transforms carbon waste into valuable resources
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| domain | founded_year | HQ Location |
Biodegradable plastics are produced from waste methane by Mango Materials.
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| domain | founded_year | HQ Location |
Bio-based, biodegradable polymers are manufactured as alternatives to conventional plastics.
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| domain | founded_year | HQ Location |
Greenhouse gases are sequestered into advanced materials through carbon technologies.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Econic Technologies
Frequently Asked Questions about Econic Technologies
When was Econic Technologies founded?
Econic Technologies was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Econic Technologies located?
Econic Technologies is headquartered in Macclesfield, United Kingdom. It is registered at Macclesfield, Cheshire, United Kingdom.
Who is the current CEO of Econic Technologies?
Keith Wiggins is the current CEO of Econic Technologies.
Is Econic Technologies a funded company?
Econic Technologies is a funded company, having raised a total of $43.19M across 12 funding rounds to date.
What does Econic Technologies do?
Econic Technologies was founded in 2011 in Macclesfield, United Kingdom, focusing on sustainable chemical processes. A proprietary catalyst-based method is licensed to convert carbon dioxide into polyols and surfactants, substituting fossil-based inputs. This approach is integrated into manufacturers supply chains for consumer products. Operations emphasize energy efficiency and cost competitiveness within the cleantech sector.
Who are the top competitors of Econic Technologies?
Econic Technologies's top competitors include Newlight Technologies, Mango Materials and Cemvita.
What products or services does Econic Technologies offer?
Econic Technologies offers CO2 Catalyst Technology and Licensing Services.
Who are Econic Technologies's investors?
Econic Technologies has 15 investors. Key investors include Gov.uk, IP Group, European Union, Capricorn Partners, and Norner.
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