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Ecolectro

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A polymer company making the materials that make clean fuels and chemicals

Ithaca, United StatesFounded 2015Energy
Valuation $25–50M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ecolectro and the history behind them.

About Ecolectro

Ecolectro is a chemical company that has developed a way to make green hydrogen at a lower cost. The company manufactures anion exchange membranes (AEM) and proprietary catalysts that are used in electrolyzers. Electrolyzers are devices that split water into hydrogen and oxygen using electricity. By using Ecolectro's membranes, electrolyzer manufacturers can avoid using expensive and scarce materials like iridium and titanium, which are necessary for the more common proton exchange membrane (PEM) electrolyzers.

Ecolectro's technology combines the high performance of PEM electrolysis with the cost advantages of traditional alkaline electrolysis. This allows for the production of green hydrogen at a price that can compete with hydrogen produced from fossil fuels. The company's business model is to sell its membranes and catalysts to electrolyzer manufacturers. The target market is the growing green hydrogen industry, which is being driven by the need to decarbonize the transportation, industrial, and energy sectors.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Ithaca, United States
Sector
Energy

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed10 investors entered at this stage

  • CenterState CEO
  • US National Science Foundation
  • US Department of Energy
  • Techstars
  • Toyota Ventures
  • Energy Revolution Ventures
  • Caygan Capital
  • Starshot Capital
  • NYSERDA
  • State of New York

Series A5 investors entered at this stage

  • Launch NY
  • Plug and Play
  • DNX Ventures
  • New Climate Ventures
  • Banco Popular
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States96.2%
🇬🇧 United Kingdom3.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ecolectro on X, ranked by likes and reposts, corporate channels excluded.

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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