Tech Company Financing Transactions
ECO Group Funding Round
ECO Group, operating out of Bad Homburg, received $8.3 million from Acton Capital Partners and Fair Capital Partners.
Transaction Overview
Company Name
Announced On
7/27/2023
Transaction Type
Venture Equity
Amount
$8,277,000
Round
Series A
Investors
Acton Capital Partners (Lead Investor)
Proceeds Purpose
The company will use the funds to expand its team and provide threat intelligence to Europe and the US.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
Care Of Eco Friends GmbH Kaiser-Friedrich-Promenade 28
Bad Homburg, 61348
DE
Bad Homburg, 61348
DE
Phone
Undisclosed
Website
Email Address
Overview
ECO Group is about to unite rising ECO brands under one roof. By doing so we are building an innovative hub and a bigger platform to create synergies and structure for increased growth and profitability within the group companies. The network enables us to build scale leveraging individual strengths in different business areas and to pursue our common goal -- to create a more sustainable world together.
Management Team
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