Econic Technologies

Econic Technologies

United Kingdom
Econic Technologies was born from a vision where catalyst chemistry is used to turn waste CO2 into positive economic and environmental potential. Incorporating waste CO2 as a feedstock for polymer preparation using our novel catalysts reduces the reliance on expensive fossil fuels, turning scientific research into business advantage for plastics manufacturers while delivering environmental gain for the benefit of all. This vision was crystallized by Professor Charlotte Williams, then at Imperial College London, and now Professor of Inorganic Chemistry in the Department of Chemistry at the University of Oxford. It was initially supported by investment from Touchstone Innovations, now IP Group plc, and Norner Verdandi, and now includes backing by Woodford Investment Management, Jetstream Capital, and OGCI Climate Investments. Much progress has been made since then. Econic’s catalyst technologies have been patented, validated in pilot operations and continue to secure additional investment. A talented team of scientists, engineers, and commercial managers now conduct their cutting-edge work in a state-of-the-art facility at Alderley Park, the internationally renowned science hub south of Manchester. All of our efforts are intently focused on the future. A future where waste CO2, a damaging greenhouse gas, is turned into a commercial and environmental gain. A future that starts now.
Founded date
01/01/2011
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
1
Founders
Charlotte Williams
Industry group
Manufacturing, Science and Engineering, Sustainability

Founding

Top 5 investors
IP Group, Innovate UK, EASME - EU Executive Agency for SMEs, Capricorn Partners, Climate Investment
# of funding runds
12
Last founding
$10.400.000
Total funded
$46.778.577

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