# Econic Technologies Ltd: Chemicals, Alderley Edge, United Kingdom

> Econic Technologies Ltd: Econic Technologies Ltd is a UK-based deep-tech company founded in 2011, focused on converting waste carbon dioxide (CO2) into...

Source: https://millionrounds.com/startup/econic-technologies-ltd (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Chemicals startup](https://millionrounds.com/companies)

# 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 reported Last round: Series D

Chemicals Alderley Edge, United Kingdom

Company summary

- **Founded:** 2011 15 years old
- **Team:** 50 11 to 50 people
- **Funding reported:** 46.8M as listed, currency not stated
- **Last round:** Series D Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Econic Technologies Ltd has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **46.8M** in the source's currency

Rounds **12**

Last round **Series D**

Last round date **Aug 2022**

Investors listed **13**

## 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.

- Mar 2026 **$5.3M** UK share allotment
- Oct 2024 **$14M** UK share allotment
- Aug 2022 **$6.5M** UK share allotment
- Apr 2022 **$14M** UK share allotment

## Founders and team

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

- **Keith Wiggins** Chief Executive Officer
- **Jeroen Bolk** Chief Engineering & Start-Up Officer
- **Jill Dearnaley** Chief Operations Officer
- **Professor Charlotte Williams** Chief Scientific Officer
- **Robert Marrow** Chief Financial Officer
- **Dr. Michael Kember** Head of Research & IP

## The company, in detail

What they build

Known for

manufacturing renewable polymers polymerisation catalyst mechanical or industrial engineering chemical manufacturing chemicals polyurethane from co2 co2 catalysis polymer from co2 polyols from co2

Built with from their website

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+8 more

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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](https://millionrounds.com/directory/econic-technologies)

## Chemicals in United Kingdom

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- [**Aqdot Limited** Cambridge · founded 2013](https://millionrounds.com/startup/aqdot-limited)

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