What is ecoLocked?
ecoLocked operates at the intersection of material science and climate tech, focusing on the commercialization of Biochar Carbon Removal (BCR). The company engineers biochar-based concrete admix materials that serve a dual purpose: they permanently sequester captured carbon while simultaneously enhancing the structural integrity, durability, and insulation properties of concrete. By reducing the reliance on traditional, carbon-intensive materials like cement and sand, ecoLocked provides a high-performance alternative that addresses the critical need for industrial decarbonization in the construction sector. Their technology is designed to meet rigorous performance standards, ensuring that sustainability does not come at the expense of engineering quality.
How much funding has ecoLocked raised?
ecoLocked has raised a total of $4.3M across 1 funding round:
Angel/Seed
$4.3M
Angel/Seed (2024): $4.4M with participation from Matterwave Ventures, Haci Omer Sabanci Holding, Climentum Capital, and VOYAGERS.io
Key Investors in ecoLocked
Matterwave Ventures
A European venture capital firm specializing in early-stage hardware and software companies within the Industrial Technologies sector, focusing on digital transformation and sustainable development.
Haci Omer Sabanci Holding
A major Turkish industrial and financial conglomerate with diverse interests including cement, energy, and retail, providing significant strategic industrial expertise.
Climentum Capital
A European venture fund targeting high-impact hard tech companies that address CO2-emitting sectors, emphasizing the intersection of financial performance and verified climate impact.
What's next for ecoLocked?
With this major enterprise-level funding, ecoLocked is poised to scale its manufacturing capabilities and expand its market reach within the European industrial landscape. The strategic focus will likely shift toward optimizing supply chain logistics for biochar production and securing partnerships with major construction firms to integrate their admix materials into large-scale infrastructure projects. As the regulatory environment tightens around embodied carbon in buildings, ecoLocked is well-positioned to capture significant market share by providing a verifiable, high-impact solution for carbon sequestration. Future growth will depend on the company's ability to maintain cost-efficiency while scaling production to meet the demands of the global construction industry.
See full ecoLocked company page