# EcoWorth Tech Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecoworth-tech-pte

- Industry: Environmental Services
- Headquarters: Singapore
- Website: www.ecoworth-tech.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Apr 10, 2023)
- Investors on record: 3

## About

Based in Singapore, EcoWorth Tech Pte. Ltd. focuses on delivering innovative environmental solutions, emphasizing sustainability through advanced technologies that tackle critical challenges in resource management.Founded in 2016 in Singapore, EcoWorth Tech Pte. Ltd. specializes in environmental solutions, particularly through its Circular Flow Approach (CFA). The company has not undergone any significant changes in its business strategy. Andre Stolz serves as both the CEO and Founder. EcoWorth Tech has secured a total amount of USD 0.740 mn in funding through SEED rounds, with the latest deal occurring on April 10, 2023. The company has successfully raised USD 0.740 mn in total funding, achieving a current valuation of USD 5.206 mn.EcoWorth Tech Pte. Ltd. specializes in innovative environmental solutions, focusing on the Circular Flow Approach (CFA). Their technology is utilized in oil refinery operations, oil spill management, water treatment, waste upcycling, and maritime applications. Their offerings are aimed at enhancing resource recovery and reducing ecological impact, catering primarily to oil and gas companies, municipal water facilities, and maritime operators across Southeast Asia, the Middle East, and Europe.In the most recent year, EcoWorth Tech reported a revenue of USD 2,628.80 mn, generated through B2B partnerships and direct client sales. The company engages clients with tailored solutions and ongoing support, often through long-term contracts that ensure continuous monitoring and maintenance of systems, aligning financial interests with those of its clients.EcoWorth Tech plans to utilize the recent seed funding of USD 0.740 mn raised in April 2023 to further develop innovative products aimed at enhancing sustainability and resource efficiency. The company is targeting expansion into new markets, with a focus on increasing its presence in regions such as North America and further penetrating the European market by the end of 2024. The funding will support product development and market entry strategies to enhance their offerings and client base.

## Funding rounds

- Seed, Apr 10, 2023, $0.7M — Budding Innovations, NTUitive
- Seed, Dec 11, 2017, $0.7M — FundedHere, Budding Innovations

## Investors

- FundedHere — Seed
- Budding Innovations (https://capitalatlas.ai/funds/budding-innovations) — Seed
- NTUitive (https://capitalatlas.ai/funds/ntuitive) — Seed