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Chemicals and Materials Tech Series A Founded 2011

Ecoat

Ecoat is a sustainable chemicals company that eco-designs, manufactures, and sells high-performance bio-based binders for paints, varnishes, and coatings. The company develops bio-sourced polymer technologies to lower greenhouse gas emissions in the coatings industry, where 50% of CO2 emissions are embedded in raw materials. Ecoat product range encompasses binders for architectural and interior wall paint with up to…

📍 Grasse, France · Chemicals Tech,

Funding snapshot

Last roundSeries A
Amount$20M
Date3 April 2025
Total raised$32M
Team size68

About

Ecoat is a sustainable chemicals company that eco-designs, manufactures, and sells high-performance bio-based binders for paints, varnishes, and coatings. The company develops bio-sourced polymer technologies to lower greenhouse gas emissions in the coatings industry, where 50% of CO2 emissions are embedded in raw materials. Ecoat product range encompasses binders for architectural and interior wall paint with up to 98% bio-based content, metal protective coatings with up to 50% bio-based content and C4 anticorrosion performance, and wood coatings for impregnation, stain, and topcoat applications. The company also offers the Switcher ecological transition service, combining polymer synthesis, bio-based product knowledge, Life Cycle Assessment (LCA) expertise, and formulation know-how to help paint formulators develop increasingly eco-responsible products. Founded in 2011 and headquartered in Grasse, France, Ecoat has raised approximately $31.7 million in Series A funding from investors including Smalt Capital, 123 Investment Managers, Bpifrance, and BNP Paribas.

Business model

Nanotechnology > Nanointermediates > Nanocoating > Adhesive > Eco Friendly > Polymer Brush Based,

Chemicals Tech > Green Chemicals > Coatings > Nano Coatings > Adhesives > Polymer Brush Based

Institutional investors

Smalt Capital 123 Investment Managers Bpifrance Banque Populaire BNP Paribas Credit Cooperatif Caisse D Epargne South Investment Region EIC Fund CPG Starquest Capital Europa GIC Yotta Capital Partners ECBF

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