About Econotherm
Econotherm is a company based in Bridgend (United Kingdom) founded in 2007 was acquired by Solex in July 2023. Econotherm has raised $3.94 million across 12 funding rounds from investors including European Union, Welsh Government and Spiraxgroup. The company has 19 employees as of December 31, 2022.
- Headquarter Bridgend, United Kingdom
- Employees 19 as on 31 Dec, 2022
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.94 M (USD)
in 12 rounds
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Latest Funding Round
$657.02 K (USD), Grant
Dec 01, 2020
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Investors
European Union
& 3 more
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Employee Count
19
as on Dec 31, 2022
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Acquired by
Solex
(Jul 17, 2023)
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People of Econotherm
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Funding Insights of Econotherm
Econotherm has successfully raised a total of $3.94M across 12 strategic funding rounds. The most recent funding activity was a Grant round of $657.02 thousand completed in December 2020. 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.
Investors in Econotherm
Econotherm has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include European Union, Welsh Government and Spiraxgroup.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked | |
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Provider of thermal energy and fluid technology solutions
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Locked | Locked | Locked | |
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Government services for Wales are delivered through public administration.
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Locked | Locked | Locked |
Investor details for Econotherm
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Investments & Acquisitions by Econotherm
Investment portfolio details for Econotherm
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Financial Statements - Econotherm
Detailed financials for Econotherm
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Econotherm Comparisons
Peer comparison for Econotherm
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Competitors of Econotherm
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Latest news on Econotherm
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Frequently Asked Questions about Econotherm
Econotherm was founded in 2007.
Econotherm is headquartered in Bridgend, United Kingdom. It is registered at Bridgend, Wales, United Kingdom.
Econotherm is a funded company, having raised a total of $3.94M across 12 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Econotherm is 19.
Econotherm was founded in 2007 and is headquartered in Bridgend, United Kingdom. Heat pipes and steam generators are produced by the company within the manufacturing sector, focusing on heat transfer solutions for industrial uses. Operations are centered in the UK, with products distributed to support energy-efficient systems. The role of Managing Director is filled by Mark Boocock, overseeing daily activities and strategic direction.
Econotherm has 4 investors. Key investors include European Union, Welsh Government, Spiraxgroup, and Solex.