Tech Company Financing Transactions
Ecolectro Funding Round
Ecolectro secured a $10.5 million Series A financing round on 11/14/2024. Backers included Toyota Ventures, DNX Ventures and Energy Revolution Ventures.
Transaction Overview
Company Name
Announced On
11/14/2024
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series A
Investors
Proceeds Purpose
These funds will be used to accelerate the development and deployment of Ecolectro's groundbreaking Anion Exchange Membrane (AEM) electrolyzers, offering an affordable and scalable path to reducing carbon emissions through true green hydrogen.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
61 Brown Road 103
Ithaca, NY 14850
USA
Ithaca, NY 14850
USA
Phone
Website
Email Address
Overview
Our mission is to decarbonize hard-to-abate sectors of the economy by enabling cost-competitive green hydrogen. We know we're not the only ones working on that, but we are extremely excited about the technologies we've developed and think they offer a genuinely new and better path forward.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gabriel Rodriguez-Calero
Chief Financial Officer
Zinovia Spezakis
Chief Technical Officer
Kristina Hugar
VP - General Counsel
Jon Gordon
VP - R & D
Jimmy John
Browse more venture capital transactions:
Prev: 11/14/2024: Vaulted Deep venture capital transaction
Next: 11/14/2024: Arbolus venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs