Fundz

Ecoat has secured €21M in funding to decarbonise the paints and coatings industry. This funding will support the company's expansion into international markets and scaling production.

PRIVATEApr 03, 2025

Amount Raised

€21 Million

Round Type

Funding Round

GrasseManufacturingBiotechnologyEnergy

Investors

European Circular Bioeconomy FundBpifranceStarquest CapitalYotta Capital Partners

Description

Ecoat, a French greentech scaleup, has successfully secured €21M in funding for its mission to decarbonise one of the world’s most carbon-intensive sectors: paints and coatings. The funding round includes €18M in equity investments from Yotta Capital Partners, the European Circular Bioeconomy Fund (ECBF), and Starquest Capital, alongside support from the French government’s France 2030 initiative. The total investment exceeds €21M with a debt package backed by Bpifrance and partners. This funding will support Ecoat’s expansion into international markets and its ongoing commitment to sustainability.

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Company Information

Company

Ecoat

Location

Grasse, Provence-Alpes-Côte d'Azur, France

About

Ecoat is a French greentech scaleup focused on decarbonizing the paint and coatings industry, which is a significant contributor to global industrial greenhouse gas emissions. The company develops high-performance, water-based, and bio-based binders as alternatives to fossil-derived polymers. Ecoat aims to make sustainable coatings the industry standard while expanding into international markets. Their innovative solutions are designed to accelerate the decarbonization of the paint and coating sector.

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Ecoat raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.