About Ecube Labs
Ecube Labs is a company based in Seoul (South Korea) founded in 2011.. Ecube Labs has raised $22.72 million across 2 funding rounds from investors including LB Investment, SV INVESTMENT and Coolidge Corner Investment. Ecube Labs operates in a competitive market with competitors including Rubicon, AMCS, Enevo, Bigbelly Solar and Evreka, among others.
- Headquarter Seoul, South Korea
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Sectors
TechnologyEnvironment Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ecube Lab Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.72 M (USD)
in 2 rounds
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Latest Funding Round
$11.69 M (USD), Series C
Jun 20, 2023
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Investors
LB Investment
& 8 more
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Employee Count
Employee Count
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Funding Insights of Ecube Labs
Ecube Labs has successfully raised a total of $22.72M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $11.69 million completed in June 2023. 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 2
- Last Round Series C — $11.7M
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First Round
First Round
(28 Sep 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series C - Ecube Labs | Valuation |
investors |
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| Sep, 2021 | Amount | Series B - Ecube Labs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Ecube Labs
Ecube Labs has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include LB Investment, SV INVESTMENT and Coolidge Corner Investment. 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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Growth-stage private equity investments are targeted across multiple sectors.
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Founded Year | Domain | Location | |
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Investments in tech startups are managed by SV Investment.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Ecube Labs
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ecube Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Ecube Labs Comparisons
Competitors of Ecube Labs
Ecube Labs 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 Rubicon, AMCS, Enevo, Bigbelly Solar and Evreka, 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 |
Waste and recycling solutions are provided by Rubicon nationwide.
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| domain | founded_year | HQ Location |
Cloud-based ERP solutions are provided for waste management and recycling.
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| domain | founded_year | HQ Location |
Waste management solutions are delivered via sensors and analytics software.
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| domain | founded_year | HQ Location |
Smart solar-powered waste bins are provided for real-time collection management.
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| domain | founded_year | HQ Location |
Evreka is recognized as a leading smart waste management company.
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| domain | founded_year | HQ Location |
Cloud based enterprise resource planning software provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Ecube Labs
When was Ecube Labs founded?
Ecube Labs was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is Ecube Labs located?
Ecube Labs is headquartered in Seoul, South Korea.
Is Ecube Labs a funded company?
Ecube Labs is a funded company, having raised a total of $22.72M across 2 funding rounds to date. The company's 1st funding round was a Series B of $11.03M, raised on Sep 28, 2021.
What does Ecube Labs do?
Ecube Labs was established in 2011 in Seoul, South Korea, focusing on the waste management sector. Ultrasonic sensors for monitoring solid and liquid waste levels in containers, along with GPS tracking for bin locations, are produced. Solar-powered trash compactors equipped with LED backlights, LCD panels, and WiFi routers are offered. A cloud platform is utilized to gather sensor data and support optimization of collection routes and operational costs.
Who are the top competitors of Ecube Labs?
Who are Ecube Labs's investors?
Ecube Labs has 9 investors. Key investors include LB Investment, SV INVESTMENT, Coolidge Corner Investment, Hana Securities, and Kingo.
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