Econic Technologies develops patented catalyst technology that transforms waste carbon dioxide into high-performance polyols and surfactants, replacing fossil-based raw materials with renewable carbon. The company licenses its proprietary process to polyols and surfactants manufacturers who supply consumer brands across furniture and mattresses, coatings and adhesives, automotive, construction, and apparel markets. The Econic process reduces carbon footprint by up to 30%, is energy efficient, cost-competitive with incumbent technologies, and can be easily incorporated into existing supply chains while improving product performance. The technology enables manufacturers to embed upcycled carbon into everyday products used in cars, clothes, construction materials, and mattresses. Founded in 2011 and headquartered in Macclesfield, United Kingdom, Econic Technologies has raised $43.2M in Series E funding from investors including CM Venture, GC Ventures, ING Bank, Imperial Innovations, OGCI, Climate Investment, and Capricorn Partners.
Econic Technologies
Series EEconic Technologies develops patented catalyst technology that transforms waste carbon dioxide into high-performance polyols and surfactants, replacing fossil-based raw materials with renewable carbon. The company licenses its proprietary process to polyols and surfactants manufacturers who supply consumer brands across furniture and mattresses, coatings and adhesives, automotive, construction, and apparel markets.…
About
Business model
Advanced Materials > Biomaterials > Biodegradable Polymers > Bioplastics > Carbon Capture,
Air Pollution Management Tech > Carbon Management > Carbon Capture > Carbon to Materials > Bioplastics
Team background
College Wise > Imperial College London
Institutional investors
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