ECOncrete Secures $5 million+ Series A Funding

by Startacus Admin
Major funding boost for ECOncrete Tech to support development and growth of its innovative ecological marine construction solutions.
The good news keeps coming for ECOncrete Tech, the innovative startup developing high-performance ecological concrete technologies, that we recently featured when they won EU H2020 funding.
They have now just announced the fantastic news that they have closed a $5 million+ Series A Round. This latest investment round was led by Impact investor Bridges Israel, with new investors including Barclays and a North American family office with an interest in ocean health.
The company plans to use the funding to support its expansion into new markets as well as scaling operations into large scale projects.
ECOncrete's solutions can be applied to any concrete marine infrastructure, such as breakwaters, ports and offshore structures, to increase strength and durability whilst transforming it into the base for a thriving marine ecosystem and active carbon sink.
Speaking on the investment, Dr. Ido Sella, Co-Founder and CEO of ECOncrete Tech said: “Ocean health and human health are entwined, and as such we need both resilient coastal structures and thriving marine ecosystems. Our technologies bridge development and sustainability, creating value for stakeholders and the environment. We thank this strong group of investors for joining us as strategic partners and are excited for the next stages in our growth and entrance into new markets."
James Ferrier, Director, Principal Investments at Barclays, added: “ECOncrete is solving a key environmental challenge for the coastal and marine industries, materially improving the health and resilience of surrounding ocean life. We are thrilled to be supporting ECOncrete’s growth ambitions through our £175m Sustainable Impact Capital Initiative, designed to support innovative companies tackling environmental challenges, just like this.”
Since climate change continues to worsen the frequency, intensity and impacts of extreme weather events, there is a clear need and ever-increasing urgency to protect our coastal cities. Therefore the fact that ECOncrete Tech has created an innovative solution to address that need is certainly to be welcomed.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 1st September 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.