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ELLECT

ELLECT

Private
BusanFrontier & Industrial Techhttps://ellect.co.kr/

Last Round

Series A

Jun 2, 2026

Total Funding Raised

$2.42M

Company Overview

ELLECT is a machinery manufacturing company that develops and produces electrification solutions for construction equipment to reduce carbon emissions.

Sector

Frontier & Industrial Tech

Verticals

Construction Tech, Clean Transportation, Industrial Robotics, Electric Vehicles

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

electrificationconstruction equipmentelectric excavatorretrofitelectric conversionheavy machineryEV conversionESGmodular hardwareconstruction techconstruction roboticsautonomous constructionremote control systemsdecarbonizationgreen construction

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ELLECT Comparables

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ELLECT comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Viridi Parente
71%
First Green Industries
66%
AB Volvo (publ)
62%

ELLECT Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJun 2, 2026
Early FundingJul 16, 2024
SeedAug 22, 2023

Key People

Founding team and executive leadership

inkyu Choi

Chief Executive Officer & Co-Founder

Founding Team

Hunik Jo

Chief Operating Officer

Executive Team

ELLECT Investors

Notable investors and investment history

ELLECT investors
InvestorRounds
Busan United Technology HoldingsSeries A, Seed
The Invention LabEarly Funding
E&Venture PartnersSeries A
SERIES VenturesSeries A
Korea Credit Guarantee FundSeries A
Magna InvestmentEarly Funding

ELLECT Filings

SEC and related filings with document metadata.

Data table
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ELLECT Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about ELLECT's valuation, stock price, and market status.

Firmographic Details

HeadquartersBusan
Employee Range3
Year Founded2023
Last FundingJun 2, 2026

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