About EcoSynthetix
EcoSynthetix is a company based in Toronto (Canada) founded in 1996. EcoSynthetix has raised $20.52 million across 9 funding rounds from investors including Canaccord Genuity Group, Sustainable Development Technology Canada and InvestMichigan!. The company has 28 employees as of December 31, 2024. EcoSynthetix offers products and services including DuraBind, SurfLock, EcoSphere, and Bioform. EcoSynthetix operates in a competitive market with competitors including Tidal Vision, Newlight Technologies, Polymateria, Puraffinity and Zerocircle, among others.
- Headquarter Toronto, Canada
- Employees 28 as on 31 Dec, 2024
- Stage Public
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Sectors
Chemicals & Materials
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Phone
Locked
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Website
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Social
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- Legal Name Ecosynthetix Inc.
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Annual Revenue
$17.65 M (USD)48.62as on Dec 31, 2024
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Net Profit
-$1.3 M (USD)50.82as on Dec 31, 2024
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EBITDA
-$1.81 M (USD)40.81as on Dec 31, 2024
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Total Equity Funding
$20.52 M (USD)
in 9 rounds
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Latest Funding Round
$2.1 M (USD), Grant
Jan 25, 2012
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Investors
Canaccord Genuity Group
& 2 more
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Employee Count
28
as on Dec 31, 2024
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IPO & Listings of EcoSynthetix
EcoSynthetix is a publicly listed company on the TSX with ticker symbol ECO in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of EcoSynthetix
EcoSynthetix offers a comprehensive portfolio of products and services, including DuraBind, SurfLock, EcoSphere, and Bioform.
Binder for wood composites that reduces carbon footprint
Improves strength in pulp-based products using biobased ingredients
Enables performance in paper and packaging applications
Used in personal care for sustainable formulations
People of EcoSynthetix
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Funding Insights of EcoSynthetix
EcoSynthetix has successfully raised a total of $20.52M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $2.1 million completed in January 2012. 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 EcoSynthetix
EcoSynthetix has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Canaccord Genuity Group, Sustainable Development Technology Canada and InvestMichigan!.
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Venture capital firm focused on investing in clean tech sectors
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Private equity investments are directed toward US companies.
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Merger and acquisitions advisory firm
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Investor details for EcoSynthetix
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Investments & Acquisitions by EcoSynthetix
Investment portfolio details for EcoSynthetix
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Financial Statements - EcoSynthetix
Detailed financials for EcoSynthetix
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Ecosynthetix Comparisons
Peer comparison for EcoSynthetix
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Competitors of EcoSynthetix
EcoSynthetix 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 Tidal Vision, Newlight Technologies, Polymateria, Puraffinity and Zerocircle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of natural biopolymer materials
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Provider of sustainable material using methane-based greenhouse gases
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Biodegradable and compostable plastics are developed using proprietary formulations.
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Pollutants and PFAS are removed from water using advanced adsorbents.
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Provider of seaweed-derived alternatives to plastics for films, coatings, and paper
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Green chemicals are developed using microcapsule technology for sustainability.
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Detailed competitors of EcoSynthetix
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Latest news on Ecosynthetix
Complete news archive for EcoSynthetix
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Frequently Asked Questions about EcoSynthetix
EcoSynthetix was founded in 1996 and raised its 1st funding round 10 years after it was founded.
EcoSynthetix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
EcoSynthetix is a funded company, having raised a total of $20.52M across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at EcoSynthetix is 28.
Annual revenue of EcoSynthetix is $17.65M as on Dec 31, 2024.
Founded in 1996 and based in Toronto, Canada, operations are focused on the renewable chemicals sector. Bio-based materials are utilized to create polymers and binders that serve as alternatives to petroleum-based products in applications such as paper coatings, wood composites, insulation, personal care items, non-woven wipes, automotive parts, paints, and adhesives. Performance comparable to or exceeding traditional options is achieved, often at lower costs.
EcoSynthetix's top competitors include Newlight Technologies, Tidal Vision and Puraffinity.
EcoSynthetix offers DuraBind, SurfLock, EcoSphere, and Bioform.
Yes, EcoSynthetix is publicly traded on TSX under the ticker symbol ECO.
EcoSynthetix has 3 investors. Key investors include Canaccord Genuity Group, Sustainable Development Technology Canada, and InvestMichigan!.
The ticker symbol of EcoSynthetix is ECO on TSX.