
ECOncrete has raised $14 million in a new funding round to expand its marine infrastructure technology focused on biodiversity and coastal resilience.
Founded in 2012, the company develops concrete-based solutions designed for coastal and offshore infrastructure projects. Its technology is used in seawalls, breakwaters, ports, bridges, offshore wind projects, and subsea infrastructure.
According to the company, the solutions are designed to improve ecological outcomes while maintaining construction performance standards. In addition, the technology aims to support biodiversity growth and strengthen climate resilience in marine environments.
ECOncrete said it has deployed its technology across more than 20 marine infrastructure projects worldwide over the past 18 months.
The company added that these deployments have created over 90,000 square meters of marine habitat. During the same period, ECOncrete reported 3.4 times revenue growth.
Its technology is currently being used in several global projects, including:
The company said the new funding will help expand its delivery capacity across regions and infrastructure sectors. Therefore, ECOncrete plans to increase project deployment as demand rises for sustainable coastal and offshore construction solutions.
Dr. Ido Sella, Co-Founder and CEO of ECOncrete, said the company’s technology combines structural performance with ecological enhancement in a single system. He added that the latest funding will support the company’s efforts to scale globally and expand adoption of more sustainable marine construction practices.
The funding round was led by Builders Vision.
Existing investor Barclays Climate Ventures also participated in the round. New investors included the Prince Albert II of Monaco Foundation, Monaco Asset Management through its ReOcean Fund, BDT & MSD Partners via Oceans Catalyst, and DCP.
In addition, Open Road Impact provided a financing facility.
Cristin Pacifico, Vice President of Investments at Builders Vision, said increasing investment in coastal protection, offshore wind, cables, and port infrastructure is driving demand for adaptive and high-performance construction materials. She added that ECOncrete’s technology is positioned to support infrastructure durability while improving marine biodiversity outcomes.
—----------------------
Raising capital? Explore 3,000+ PropTech and ConTech VCs in one place →https://www.proptechbuzz.com/vc
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.