Econic Technologies

Econic Technologies

Private
Macclesfield, EnglandEnergy & Sustainabilityhttps://www.econic-technologies.com

Last Round

VC Round

Oct 15, 2024

Total Funding Raised

$26.81M

Company Overview

Econic Technologies is a deep-tech company that has developed a patented catalyst and process technology to convert captured carbon dioxide (CO2) into valuable raw materials. The company licenses its technology to manufacturers of polyols and surfactants, enabling them to replace fossil-based feedstocks with renewable carbon. This process is used to create a variety of everyday products, including those for the automotive, construction, apparel, and furniture industries, such as foams, coatings, and adhesives. Econic's technology is designed to be integrated into existing manufacturing assets, offering a cost-competitive and energy-efficient way to reduce carbon footprints by up to 30% while often improving end-product performance.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Clean Manufacturing, Carbon Capture, Advanced Materials

Business Model

B2B

Customer Profile

Services & Consulting, Revenue Share, Hardware Sales

AI Layer

Non-AI

Keywords

carbon-to-valuecatalyst technologyCO2 utilizationpolyols from CO2technology licensingcarbon capture and utilizationCCUpolyol manufacturingcarbon techdrop-in technologypolyurethane feedstocksustainable materialsdeep techclimate techpetrochemical replacementCASEcoatings, adhesives, sealants, elastomers

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Econic Technologies Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Econic Technologies Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundOct 15, 2024
Series DAug 9, 2022
Convertible DebtNov 10, 2020
VC RoundFeb 21, 2018
VC RoundJul 7, 2016
Series A
Dec 19, 2013

Key People

Founding team and executive leadership

Keith Wiggins

Chief Executive Officer

Executive Team

Mike Kember

Chief Technology Officer

Executive Team

Jill Dearnaley

Chief Operating Officer

Executive Team

Econic Technologies Investors

Notable investors and investment history

InvestorRounds
Capricorn PartnersVC Round
Climate InvestmentConvertible Debt, Series D, VC Round
Jetstream CapitalVC Round, Series A
ING Sustainable InvestmentsVC Round
Woodford Investment ManagementVC Round
Future Fund (UK Government)Convertible Debt
GC VenturesVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 1, 2025

    Richard Stevenson received the Dr. Herman T. Stone Technical Excellence Award.

  • Nov 13, 2025

    CEO presented at the 11th ICIS Asian Surfactants Conference.

Econic Technologies Filings

SEC and related filings with document metadata.

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Econic Technologies Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMacclesfield, England
Employee Range52
Year Founded2011
Last FundingOct 15, 2024

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