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.
Amount Raised
€21 Million
Round Type
Funding Round
Investors
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.
Who to call at Ecoat, and when
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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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