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
-
Sectors
Chemicals & Materials
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ecosynthetix Inc.
-
Annual Revenue
$17.65 M (USD)48.62as on Dec 31, 2024
-
Net Profit
$-1.3 M (USD)50.82as on Dec 31, 2024
-
EBITDA
$-1.81 M (USD)40.81as on Dec 31, 2024
-
Total Equity Funding
$20.52 M (USD)
in 9 rounds
-
Latest Funding Round
$2.1 M (USD), Grant
Jan 25, 2012
-
Investors
Canaccord Genuity Group
& 2 more
-
Employee Count
28
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. 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.
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
Unlock access to complete
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 Total Funding
- Total Rounds 9
- Last Round Grant — $2.1M
-
First Round
First Round
(21 Jul 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2012 | Amount | Grant - EcoSynthetix | Valuation |
investors |
|
| Aug, 2011 | Amount | Series A - EcoSynthetix | Valuation |
investors |
|
| Nov, 2010 | Amount | Series A - EcoSynthetix | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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!. 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 |
|---|---|---|---|---|
|
Venture capital firm focused on investing in clean tech sectors
|
Founded Year | Domain | Location | |
|
Private equity investments are directed toward US companies.
|
Founded Year | Domain | Location | |
|
Merger and acquisitions advisory firm
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by EcoSynthetix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - EcoSynthetix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecosynthetix Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of natural biopolymer materials
|
|
| domain | founded_year | HQ Location |
Provider of sustainable material using methane-based greenhouse gases
|
|
| domain | founded_year | HQ Location |
Biodegradable and compostable plastics are developed using proprietary formulations.
|
|
| domain | founded_year | HQ Location |
Pollutants and PFAS are removed from water using advanced adsorbents.
|
|
| domain | founded_year | HQ Location |
Provider of seaweed-derived alternatives to plastics for films, coatings, and paper
|
|
| domain | founded_year | HQ Location |
Green chemicals are developed using microcapsule technology for sustainability.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ecosynthetix
Frequently Asked Questions about EcoSynthetix
When was EcoSynthetix founded?
EcoSynthetix was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is EcoSynthetix located?
EcoSynthetix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is EcoSynthetix a funded company?
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 Series A of $7.16M, raised on Jul 21, 2006.
How many employees does EcoSynthetix have?
As of Dec 31, 2024, the latest employee count at EcoSynthetix is 28.
What is the annual revenue of EcoSynthetix?
Annual revenue of EcoSynthetix is $17.65M as on Dec 31, 2024.
What does EcoSynthetix do?
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.
Who are the top competitors of EcoSynthetix?
EcoSynthetix's top competitors include Newlight Technologies, Tidal Vision and Puraffinity.
What products or services does EcoSynthetix offer?
EcoSynthetix offers DuraBind, SurfLock, EcoSphere, and Bioform.
Is EcoSynthetix publicly traded?
Yes, EcoSynthetix is publicly traded on TSX under the ticker symbol ECO.
Who are EcoSynthetix's investors?
EcoSynthetix has 3 investors. Key investors include Canaccord Genuity Group, Sustainable Development Technology Canada, and InvestMichigan!.
What is EcoSynthetix's ticker symbol?
The ticker symbol of EcoSynthetix is ECO on TSX.