US EditionFrench green-tech scale-up Ecoat raises €21M
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French green-tech scale-up Ecoat raises €21M
Grasse-based Ecoat, a French green-tech scale-up, has closed a €21M funding round to advance its work in the coatings and paints sector. According to the French company, this industry accounts for 2 per cent of global industrial greenhouse gas emissions. Ecoat focuses on replacing fossil-based binders with bio-based, low-carbon alternatives to reduce emissions. Ecoat raised €18M in equity funding from Yotta Capital, the European Circular Bioeco…
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