
United Kingdom · Chemicals startup
Econic Technologies Ltd is a UK-based deep-tech company founded in 2011, focused on converting waste carbon dioxide (CO2) into valuable raw materials.
Funding reportedLast round: Series D
Econic Technologies Ltd is a UK-based deep-tech company founded in 2011, focused on converting waste carbon dioxide (CO2) into valuable raw materials.
The company utilizes proprietary catalyst and process technologies to transform CO2 into useful feedstock for polymer production. Headquartered in Alderley Park, near Manchester, Econic employs around 52 people and was established by Professor Charlotte Williams, who developed the underlying catalyst technology at Imperial College London. The company's patented catalyst enables the reaction of CO2 with epoxides to create polymers that can contain up to 50% CO2 by weight. This innovative process reduces energy requirements and allows manufacturers to replace fossil-based raw materials with renewable carbon. Econic operates under a B2B licensing model, providing its technology to manufacturers in the plastic industry, particularly for producing polyols and surfactants used in polyurethane products like foams, coatings, and adhesives. The company partners with global manufacturers to promote sustainable innovations across various industries, including automotive, construction, apparel, and furniture.
Funding, as reported
Econic Technologies Ltd filed 4 raises, $40M in all. Filings say how much was sold and to how many investors; they never name the investors.
From Econic Technologies Ltd's own website: 6 on the team.
What they build
Known for
manufacturingrenewable polymerspolymerisation catalystmechanical or industrial engineeringchemical manufacturingchemicalspolyurethane from co2co2 catalysispolymer from co2polyols from co2
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