United Kingdom · Chemicals startup

Econic Technologies Ltd

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

ChemicalsAlderley Edge, United Kingdom

About Econic Technologies Ltd

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.

What company datasets say Econic Technologies Ltd raised

Funding, as reported

Reported in all46.8Min the source's currency
Rounds12
Last roundSeries D
Last round dateAug 2022
Investors listed13

Funding filed with regulators

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.

  1. Mar 2026$5.3MUK share allotment
  2. Oct 2024$14MUK share allotment
  3. Aug 2022$6.5MUK share allotment
  4. Apr 2022$14MUK share allotment

Founders and team

From Econic Technologies Ltd's own website: 6 on the team.

  • Keith WigginsChief Executive Officer
  • Jeroen BolkChief Engineering & Start-Up Officer
  • Jill DearnaleyChief Operations Officer
  • Professor Charlotte WilliamsChief Scientific Officer
  • Robert MarrowChief Financial Officer
  • Dr. Michael KemberHead of Research & IP

The company, in detail

What they build

Known for

manufacturingrenewable polymerspolymerisation catalystmechanical or industrial engineeringchemical manufacturingchemicalspolyurethane from co2co2 catalysispolymer from co2polyols from co2

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Sector
Chemicals
Industry code
NAICS 325199, 541715, SIC 2869, 8731
Revenue
8.5M a year, as listed
Full record
Every detail in the company directory

Chemicals in United Kingdom

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