Where is Ecolectro located?

Ecolectro is headquartered in Ithaca, United States.

How many employees does Ecolectro have?

As of Sep 30, 2026, the latest employee count at Ecolectro is 21.

Is Ecolectro a funded company?

Ecolectro is a funded company, having raised a total of $28.4M across 14 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round.

When was the latest funding round of Ecolectro?

Ecolectro's latest funding was a $***** Series A round on Oct 23, 2025, with participation from 0 investor.

Where does Ecolectro rank among its competitors?

Ecolectro ranks 3rd amongst 42 active competitors, of which 9 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Ecolectro, which secured $2.31M in Oct, 2025.

Who are the top competitors of Ecolectro?

Ecolectro's top competitors include Ionomr Innovations, FCEV and Cellfion. Among them, Ecolectro secured the most recent funding round in October, 2025.

Ecolectro - 2026 Company Profile, Funding & Competitors

Ecolectro is a series A company based in Ithaca (United States), founded in 2015. It operates as a Low-cost fuel cell membrane developer. Ecolectro has raised $28.4M in funding from Toyota Ventures and Starshot Capital. The company has 42 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Ionomr Innovations, FCEV and Cellfion.

Company Details

Low-cost fuel cell membrane developer. The company is developing a conductive alkaline polymer membrane that enables the replacement of existing platinum catalysts with non-precious metal alternatives within fuel cell membrane electrode assemblies. The company claims that fuel cells manufactured using this technology can be potentially produced at half the cost of current state-of-the-art systems while retaining double durability.

Website: ecolectro.com
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Email ID: *****@ecolectro.com

Key Metrics

Founded Year

2015

Location

Ithaca, United States

Stage

Series A

Total Funding

$28.4M in 14 rounds

Latest Funding Round

Series A, Oct 23, 2025, $*****

Investors

Toyota Ventures & 22 more

Ranked

3^rd among 42 active competitors

Employee Count

21 as on Sep 30, 2026

Similar Companies

Ionomr Innovations & 22 more

View Ecolectro's full profile

Ecolectro has raised a total funding of $28.4M over 14 rounds. Ecolectro has 23 institutional investors.

Here is the list of recent funding rounds of Ecolectro:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 23, 2025	9431367	Series A	6309896	1645917	5323793	2199154
Oct 08, 2025	2772229	Grant (prize money)	2812265	1536674	9756562	OSTI
Mar 19, 2025	8592190	Grant (prize money)	4723863	8469034	7786668	OSTI

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View details of Ecolectro's funding rounds and investors

Ecolectro's employee count trend

Ecolectro has 21 employees as of Sep 26. Here is Ecolectro's employee count trend over the years:

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Top competitors of Ecolectro include Ionomr Innovations, FCEV and Cellfion. Here is the list of Top 10 competitors of Ecolectro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ionomr Innovations 2017, Vancouver (Canada), Series A	Ion-exchange membranes	$38M	Pallasite Ventures, Shell & 14 others	56/100
2nd	FCEV 2016, Baoding (China), Series B	Provider of hydrogen power systems and related components and services	$220M	SDIC, China National Building Materials & 2 others	48/100
3rd	Ecolectro 2015, Ithaca (United States), Series A	Low-cost fuel cell membrane developer	$28.4M	For Good Ventures, Chambiz & 21 others	44/100
4th	Cellfion 2020, Norrkoping (Sweden), Seed	Developer of cellulose based membranes for hydrogen and energy applications	$1.3M	LiU Invest, Almi Invest & 4 others	43/100
5th	Tang Feng Energy Technology 2017, Shanghai (China), Series C	Provider of solutions for the low-platinum membrane-based electrodes	$15.5M	Hillhouse, Lightspeed Venture Partners & 7 others	37/100
6th	ionysis 2021, Freiburg (Germany), Unfunded	Membrane electrode for fuel cells and electrolyzers	-	-	35/100
7th	Pemeas 2004, Frankfurt (Germany), Deadpooled	Manufacturer of aseptic low-acid food and beverage products	$32M	BankInvest, National Technology Enterprises Company ... & 6 others	32/100
8th	Danish Power Systems 1994, Lyngby (Denmark), Acquired	Manufactures membrane electrode assembly	-	Blue World, EIC Fund & 1 others	30/100
9th	IRD Fuel Cells 1996, Odense (Denmark), Unfunded	Provider of a membrane electrode assembly for fuel cells	-	-	29/100
10th	Enerage 2004, Yilan (Taiwan), Series A	Provider of integrated test automation and lab management solutions for transportation and energy sectors	$4.3M	Mobility Ventures	29/100