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Synopsis
Yotta Capital, ECBF and Starquest, venture capital firms, led a €21m round in Ecoat, a French company eco-designing, manufacturing and selling highly performing bio-based binders for paints and varnishes, with participation from ADEME. "This marks a turning point for Ecoat. With the support of our new partners, we are ready to scale fast — expanding production, accelerating R&D, and going global — all while staying true to our mission: making sustainable coatings the industry standard. We are proud to be a European leader already — and now, we are stepping into the US and Asian markets to take this impact to the next level," Olivier Choulet, Ecoat CEO.
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