Econ Industries
Latest round
- Angel
Last raised
- Jun 2014
Total raised
- Undisclosed
Investors
- 1
About Econ Industries
Founded in 2003 and headquartered in Starnberg, Germany, Econ Industries is dedicated to the waste management sector, focusing on resource recovery from hazardous waste. The company has made strategic moves to enhance its operational capabilities over the years.Econ Industries services GmbH specializes in advanced waste management solutions, with a core focus on the innovative VacuDry® technology. This process utilizes heat and vacuum to effectively separate harmful substances from industrial hazardous waste, ensuring energy efficiency and low carbon emissions. The technology is particularly adept at treating drill cuttings, oil sludges, and metal sludges, targeting clients in the oil and gas sector. Additionally, the company offers a High Temperature Treatment Unit for continuous processing of catalysts and activated carbon contaminated with mercury and hydrocarbons.Econ Industries generates revenue through direct sales of its waste recovery systems and consulting services, primarily focusing on B2B transactions with industrial clients in sectors like oil and gas. The company also establishes partnerships for ongoing service agreements or project-based contracts, supporting a steady revenue stream through long-term relationships with key industrial players.Econ Industries is poised for future growth, with plans to introduce new products and expand its market reach. The company is currently developing additional advanced waste management technologies aimed for launch in the coming years. Furthermore, Econ Industries is targeting expansion into new geographic regions, including Asia and South America, by 2025 to tap into emerging markets.
Who invested in Econ Industries
1 investor across 1 round
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Funding rounds
Angel
Jun 1, 2014
Amount
Undisclosed
Investors
Questions about Econ Industries
Who invested in Econ Industries?
Econ Industries has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Econ Industries raised?
Econ Industries has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Econ Industries last raise money?
Econ Industries's most recent round on record is a Angel, in Jun 2014.
What does Econ Industries do?
Founded in 2003 and headquartered in Starnberg, Germany, Econ Industries is dedicated to the waste management sector, focusing on resource recovery from hazardous waste.
Where is Econ Industries headquartered?
Econ Industries is headquartered in Starnberg, Germany.
Which VCs invest in companies like Econ Industries?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back power & utilities companies at Econ Industries's stage. Their profiles are linked below.
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