Ecoat
SME dedicated to innovation and sustainable development, in the industrial sector of components for paints and coatings.
- horizon europe
- sustainable development goals
- dt and ls
- climate tech
- radar de l'innovation
- tech for business
- eit ecosystem
- observatoire industrial tech
- observatoire greentech
- circular economy
- industrial technology
- observatoire deeptech
- urban tech
- green buildings
- advanced materials
- clean industry
- greentech
- energy and greentech
- sustainable building construction
- eic
- coating technology
- chemical
- innovative material tech
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
* | €18.0m | Late VC | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (21 %) | (22 %) | 76 % | 28 % | 17 % | 30 % | 14 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (30 %) | (62 %) | (133 %) | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | (71 %) | (136 %) | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Ecoat is a forward-thinking startup dedicated to revolutionizing the coatings industry by offering sustainable solutions. The company operates primarily in the eco-friendly coatings market, focusing on developing and supplying bio-based and low-carbon footprint products. Ecoat's mission is to help its clients, which include manufacturers and businesses in the coatings industry, transition to more sustainable practices.
The company has garnered significant recognition for its innovative approach, including winning the prestigious Pierre Potier Prize twice, which highlights its commitment to sustainability and innovation. Ecoat's CEO, Olivier Choulet, is an active advocate for sustainable practices, often participating in industry events like the Plant Based Summit to share insights and promote the company's vision.
Ecoat's business model revolves around research and development (R&D) of eco-friendly coatings, which it then sells to its clients. The company invests heavily in creating products that reduce environmental impact, such as those with a low carbon footprint. This focus on sustainability not only meets the growing demand for green products but also aligns with global environmental goals.
Revenue generation for Ecoat comes from the sale of its innovative coatings. By offering products that are both high-quality and environmentally friendly, Ecoat attracts clients who are looking to improve their sustainability credentials. Additionally, the company benefits from state financial support, such as the France Relance recovery plan, which aids in funding its cutting-edge facilities and R&D efforts.
In summary, Ecoat is a pioneering company in the sustainable coatings market, serving clients who are eager to adopt greener solutions. Its business model is centered on the development and sale of eco-friendly coatings, supported by significant R&D investments and state financial aid.
Keywords: sustainable, coatings, eco-friendly, bio-based, low-carbon, innovation, R&D, Pierre Potier Prize, France Relance, Olivier Choulet.