EcoSynthetix

Toronto, Canada Founded: 1996 • Age: 30 yrs Listed
Bio-based binder polymers are developed for industrial applications.

About EcoSynthetix

EcoSynthetix is a publicly listed company based in Toronto (Canada) founded in 1996. Bio-based binder polymers are developed for industrial applications. 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. EcoSynthetix offers products and services including DuraBind, SurfLock, EcoSphere, and Bioform. Its focus areas include High Tech, Advanced Materials, Biomaterials and Biodegradable Polymers. Its legal entity is ECOSYNTHETIX INC.

Company details

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.

Key Metrics
  • Annual Revenue
    $21.22 M (USD)
    14.43
    as on Dec 31, 2025
  • Net Profit
    -$442.7 K (USD)
    67.63
    as on Dec 31, 2025
  • EBITDA
    -$774.18 K (USD)
    59.34
    as on Dec 31, 2025
  • Total Equity Funding
    $20.52M (USD)

    in 9 rounds

  • Latest Funding Round
    $2.1M (USD), Grant

    Jan 2012

  • Investors
  • Employee Count
    28

Products & Services of EcoSynthetix

EcoSynthetix offers a comprehensive portfolio of products and services, including DuraBind, SurfLock, EcoSphere, and Bioform.

DuraBind
Sustainable Binder

Binder for wood composites that reduces carbon footprint

SurfLock
Dry Strength Enhancer

Improves strength in pulp-based products using biobased ingredients

EcoSphere
Biopolymer Material

Enables performance in paper and packaging applications

Bioform
Engineered Biopolymer

Used in personal care for sustainable formulations

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.

  • Total Funding $20.52M
  • Total Rounds 9
  • Last Round Grant β€” $2.1M
  • First Round $775,000

    (Jul 2006)

  • Investors Count 3

All 9 funding rounds of EcoSynthetix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2012$2.1MGrant––
Aug 2011$14,138Series A––
–
Nov 2010$7.16MSeries A––
–
Jan 2010$10.1MSeries A–Canaccord Genuity Group
–
Jan 2009$750,000Debt – Conventional––
–
Nov 2008Series A––
Sep 2008$3.25MSeries A––
–
Jan 2007$1.07MDebt – Conventional––
–
Jul 2006$775,000Debt – Conventional––
–
Valuation history

3 investors in total: 3 institutional.

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!.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on investing in clean tech sectors
sdtc.caOttawa, Canada
Private equity investments are directed toward US companies.
investmichiganfund.comMichigan, United States
Merger and acquisitions advisory firm
1950canaccordgenuity.comToronto, Canada
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Investor details for EcoSynthetix

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People of EcoSynthetix

7 people are tracked at EcoSynthetix (5 in leadership, 2 in team); the tracked headcount is 28.

NameRoleGroup
Jeff MacDonald
CEOLeadership
Ted van Egdom
Senior Vice President OperationsLeadership
Robert Haire
CFOLeadership
Scott G.
VP Sales AmericasLeadership
Phil Greenall
Vice President Sales EMEA & AsiaLeadership
Alessandra Dibiase
Executive AssistantTeam
Zenus .
Senior Financial AnalystTeam
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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.

  • IPO date11 Aug 2011
  • Listed onTSX: ECO
  • Listed entityEcoSynthetix Inc.
  • Exchange sectorProcess industries
  • ISINCA27923D1087
  • Share price2.00 CAD (+4.71% on the day) · 2026-10-13
  • Market capitalisation117,569,847.00 CAD
  • EPS (diluted, trailing year)-0.02 CAD
  • Volume (last session)20,490

Financials of EcoSynthetix

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202529.1M CAD-606,140 CAD-1.1M CAD
202425.4M CAD-1.9M CAD-2.6M CAD
202317.1M CAD-3.8M CAD-4.4M CAD
202224.8M CAD-3.1M CAD-2.1M CAD
202122.8M CAD-4.0M CAD-2.6M CAD
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Detailed financial statements for EcoSynthetix

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Timeline of EcoSynthetix

4 dated milestones of EcoSynthetix across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded EcoSynthetix is founded.
  2. Funding First funding round of $775K.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Grant, of $2.1M.

Web traffic of EcoSynthetix

The website of EcoSynthetix (ecosynthetix.com) receives about 1.4K visits a month.

  • Monthly visits
    1.4K

    ▼ 5.3% vs previous month

Similar websites

Websites whose visitors overlap most with EcoSynthetix. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
polychemistry.com
100%
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gempolym.com
100%
View details
imsteel.com
imsteel.com
100%
#5,106,841–
shokubai.co.jp
100%
48.5K#439,645View details
plastics.saint-gobain.com
plastics.saint-gobain.com
100%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about 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. The company's 1st funding round was a Debt – Conventional of $775K, raised on Jul 2006.

EcoSynthetix has 28 employees.

Annual revenue of EcoSynthetix is $21.22M as on Dec 31, 2025.

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 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!.

EcoSynthetix operates through Ecosynthetix Inc.

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