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Ecoat

Energy · Grasse, France · Founded 2011

SME dedicated to innovation and sustainable development, in the industrial sector of components for paints and coatings MoreLess

Ecoat is a forward-thinking startup dedicated to revolutionizing the coatings industry by offering sustainable solutions. The company operates primarily in the eco-friendly coatings market, focusing on developing and supplying bio-based and low-carbon footprint products. Ecoat's mission is to help its clients, which include manufacturers and businesses in the coatings industry, transition to more sustainable practices.

The company has garnered significant recognition for its innovative approach, including winning the prestigious Pierre Potier Prize twice, which highlights its commitment to sustainability and innovation. Ecoat's CEO, Olivier Choulet, is an active advocate for sustainable practices, often participating in industry events like the Plant Based Summit to share insights and promote the company's vision.

Ecoat's business model revolves around research and development (R&D) of eco-friendly coatings, which it then sells to its clients. The company invests heavily in creating products that reduce environmental impact, such as those with a low carbon footprint. This focus on sustainability not only meets the growing demand for green products but also aligns with global environmental goals.

Revenue generation for Ecoat comes from the sale of its innovative coatings. By offering products that are both high-quality and environmentally friendly, Ecoat attracts clients who are looking to improve their sustainability credentials. Additionally, the company benefits from state financial support, such as the France Relance recovery plan, which aids in funding its cutting-edge facilities and R&D efforts.

In summary, Ecoat is a pioneering company in the sustainable coatings market, serving clients who are eager to adopt greener solutions. Its business model is centered on the development and sale of eco-friendly coatings, supported by significant R&D investments and state financial aid.

Keywords: sustainable, coatings, eco-friendly, bio-based, low-carbon, innovation, R&D, Pierre Potier Prize, France Relance, Olivier Choulet.

Company overview

Ecoat company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2011
Headquarters
Grasse, France
Employees
68
Open positions
None listed
Dealroom signal
86.5
client focusb2btechnologyHardwaretechnologyDeep Techbusiness modelManufacturingsectorChemicalsectorSustainable Development GoalssectorUrban TechsectorEICsectorCoating TechnologysectorIndustrial TechnologysectorAdvanced MaterialssectorInnovative Material TechsectorClimate TechsectorGreen Buildings

Valuation & funding

Ecoat funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Apr 2025 $20M $79M Starquest Capital · Yotta Capital Partners · ADEME · European Circular Bioeconomy Fund
SERIES BEquity / VC Feb 2023 $11M $44M Bpifrance · BNP Paribas · Caisse d'Epargne · Crédit Coopératif
EARLY VCEquity / VC Feb 2014 $1.1M $4.4M Starquest Capital · Paca Investissement
Showing 3 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $2.1M 0% −$1.3M -59.9% −$1.3M -61%
2025 $2.1M 0% −$1.3M -59.9% −$1.3M -61%
2024 $2.1M 0% −$1.3M -59.9% −$1.3M -61%
2023 $2.1M +14.2% −$1.3M -59.9%
2022 $1.8M +29.8% −$1.3M -68.5%
2021 $1.4M +17.5% −$1.3M -88.9%
2020 $1.2M −$1.3M -104.4%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Ecoat website traffic

Latest recorded traffic for Ecoat is 90 monthly website visits, down 83% over the last three months. Ecoat's team grew 7.9% over the past year.

Latest monthly visits90 3-month web change-83% 1-year team growth+7.9%
Monthly website visits53 observations · Sep 2019–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Ecoat compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
LactipsLactips makes recyclable food packaging, with casein-based thermoplastics (milk protein), the only biodegradable and water-soluble substance Saint-Paul-en-Jarez, France Operational 40 $41M $70M
WoodooWoodoo molecularly rebuilds wood to make it a performative material. The company's green technique transforms low-grade timber Paris, France Operational
MaterrupA industrial company who has developed a low-carbon cement as a less energy-intensive and less carbon-intensive solution for the cement/concrete sector Saint-Geours-de-Maremne, France Operational
CarbiosCreates a new generation of fully biodegradable plastics with a controlled lifespan, a process enabling infinite biorecycling of plastic waste Clermont-Ferrand, France Operational
DemetaDEMETA develops high-performance catalysts. DEMETA's catalysts are patented molecular tools that simplify chemistry, allowing for more efficient, eco-responsible, and safer processes and products Rennes, France Closed
NAWAHInnovative, economically competitive, reliable and environmentally friendly Ultra-Fast Carbon battery and applied nanotechnology Voiron, France Closed
CellozBio-sourced material based on cellulose fibres which allows the production of eco-friendly roofs Chasseneuil-du-Poitou, France Closed
FairbricsDeveloping the first synthetic fiber with a net positive impact on climate change and capable of meeting the demand of the market Villebon-sur-Yvette, France Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Ecoat's talent

Book a demo to see the people
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

14 investors on Ecoat's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 9 investors entered at this stage
Paca Investissement
Starquest Capital
Bpifrance
BNP Paribas
Caisse d'Epargne
Crédit Coopératif
Smalt Capital
123 Investment Managers
Banque Populaire Méditerranée
Series B+ 3 investors entered at this stage
Yotta Capital Partners
European Circular Bioeconomy Fund
ADEME
Other known 2 additional known investors
EIT Climate KIC
Turenne Capital

Global footprint

Where Ecoat has talent and traffic

Workforce by country
3 countries with
team presence
🇫🇷 France93.8%
🇺🇸 United States3.1%
🇦🇹 Austria3.1%
3 countries shown

In the news

Latest news about Ecoat

Recent press, funding announcements, and product moves mentioning Ecoat — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Ecoat

An AI-synthesized read of the highest-engagement posts about Ecoat on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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