EcoLectro

Ithaca, NY · Founded 2015 · Privately Held (backing)

Manufacturer of novel polymers intended for the energy industry to make hydrogen an environmentally and financially viable option. EcoLectro is based in Ithaca, NY and was founded in 2015. Its last reported valuation was $30 million in Aug 2024. It has raised $17.6 million across 4 recorded rounds; the latest was a $2.3 million seed round in Oct 2025.

Last reported valuation
$30.0M
Oct 2026
Priced at
—
Total raised
$17.6M
Last round
Seed Round
Oct 2025

EcoLectro key facts

as of Oct 2026
  • Manufacturer of novel polymers intended for the energy industry to make hydrogen an environmentally and financially viable option.
  • EcoLectro is valued at approximately $30.0M as of Oct 2026 (last reported valuation).
  • It has raised $17.6M across 4 recorded rounds; the latest was Seed Round ($2.3M) in Oct 2025.
  • Notable investors include Plug and Play Tech Center, Techstars, US National Science Foundation, U.S. Department of Energy, Greentown Labs — 31 tracked in total.
  • EcoLectro has filed 4 Form Ds with the SEC since 2022, most recently Aug 2024 ($10.6M sold to 19 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$30.0M

EcoLectro's last reported valuation, Aug 2024. Nothing priced has surfaced since.

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EcoLectro funding rounds

4 rounds
Oct 2025Seed Round$2.3MSEC filing▮
Nov 2023Early Stage VC$10.6MSEC filing▮
Nov 2022Seed Round$500KSEC filing▮
Jan 2022Seed Round$4.1MSEC filing▮

EcoLectro valuation

EcoLectro's last reported valuation was $30 million in Aug 2024. No priced round, secondary trade or fund mark has surfaced since.

How much has EcoLectro raised?

EcoLectro has raised $17.6 million across 4 recorded rounds since 2022. The largest was a $500,000 seed round in Nov 2022; the most recent was a $2.3 million seed round in Oct 2025.

EcoLectro has filed 4 Form Ds with the SEC since 2022, most recently in Aug 2024 ($10.6 million sold to 19 investors).

EcoLectro investors

31 investors are on record for EcoLectro, including Plug and Play Tech Center, Techstars, US National Science Foundation and U.S. Department of Energy. By type, the record holds 4 venture capital firms and 1 hedge fund. The seed round in Oct 2025 drew 2 investors.

About EcoLectro

Manufacturer of novel polymers intended for the energy industry to make hydrogen an environmentally and financially viable option. The company's alkaline exchange materials reduce the capital costs of hydrogen technologies while potentially increasing their lifetimes and possess mechanical strength, anionic conductivity, and high chemical stability, enabling businesses to have access to green hydrogen without fossil-fuel sources.

Sector
Energy
HQ
Ithaca, NY, United States
Founded
2015
Employees
37
Ownership
Privately Held (backing)

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