ECOncrete has completed a multi-million-dollar fundraiser totaling US$14 million to strengthen its global operations and expand sustainable approaches to marine infrastructure. The investment comes amid rising demand for solutions that combine biodiversity enhancement with asset protection.
The funding was led by Builders Vision, an investment and philanthropy platform that invests innovative capital to accelerate promising solutions across food and agriculture, energy and oceans, and includes participation from Barclays Climate Ventures, the Prince Albert II of Monaco Foundation, Monaco Asset Management’s ReOcean Fund, BDT & MSD through Oceans Catalyst, DCP and Open Road Impact. The financial backing generates sustained investment from impact-focused and institutional partners that support sustainable development across key sectors that include offshore infrastructure with coastal protection.
ECOncrete intends to use the funds to increase its operational capacity and extend the reach of its bio-enhancing concrete technology. This includes applying its solutions across a wider range of geographies and infrastructure types.
The company’s technology is designed to improve ecological outcomes in marine construction while maintaining performance standards. Its development is supported by more than a decade of monitoring data from real-world applications.
Cover photo: ECOncrete, Living breakwaters, New York. Credit Ty Cole.
Photo: ECOncrete, before & after, Coastalock, San Diego.
Photo: ECOncrete, before & after, Marine mattresses, Shark River (New Jersey)