EcoPlant Overview
EcoPlant offers a software solution that utilizes AI technology to optimize the performance of compressed air systems. By connecting to controllers and sensors, it is able to continuously monitor and control the system, reducing energy waste and improving maintenance. The platform includes a dashboard that provides insights on system operation, energy consumption, and machinery analytics, allowing users to identify inefficiencies, track idle time, and improve production reliability.
Cumulative Funding Raised Over Time ($)
$1.0MAug 2018
$9.0MAug 2020
$9.0MJul 2019
Latest News
growth-positive
U.S. giant Ingersoll Rand acquiring Israeli startup Ecoplant for $50 million | CTech
Ingersoll Rand is acquiring Israeli startup Ecoplant, which develops technology to increase energy efficiency and reduce air pollution in factories. The deal is valued at $40-50 million. Ecoplant leverages IoT tech and predictive analytics to automatically control air compressor systems in factories. The company has raised $8.5 million to date and has received grants totaling $3 million. Following the acquisition, Ingersoll will establish a center in Israel that will employ approximately 100 people by 2024.
Acquisition
Ecolab Enters into Partnership with Ecoplant to Offer Energy-Saving Solution for Compressed Air Systems
growth-positive
Ecoplant raises $8 million in series A funding to reduce factories' energy use across the U.S.
Israel-based Ecoplant has partnered with Atlas Machine & Supply Inc. to bring its technology to around 3,000 additional U.S. factories. The partnership comes alongside an $8 million series A funding round. Ecoplants software solution monitors and controls air compressors, optimizing energy consumption and potentially reducing factory energy levels by 30%. The partnership with Atlas Machine gives Ecoplant access to more than 3,000 factories across the U.S. Atlas Machines is a distributor of Sillair compressors in Kentucky, Indiana, Ohio, and Tennessee.
PartnersCustomers
growth-positive
Industrial Machinery Monitoring Startup EcoPlant Raises $1.7 Million
Israel-based industrial machinery monitoring startup EcoPlant Technological Innovation Ltd. has raised $1.7 million in a Series A round led by Benhamou Global Ventures LLC. EcoPlant develops a cloud-based monitoring system for infrastructure machines in industrial plants to improve energy efficiency and equipment uptime.
Investment
| Sector | Energy Tech |
Funding
| Total funding | $9.75M |
| Last funding | $8M |
| Stage | Acquired |
| Rounds | 4 |
| Investors | 3 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.ecoplant.com |
| Careers | Careers page |
Locations
Ha-Nagar St 8, Hod Hasharon, Israel
1504 Ashland Ave, Evanston, IL 60201, USA
Photos & Videos
1 item(s)
EcoPlant Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Industrial TechnologiesOperational Optimization SolutionsProcess Automation & Intelligence SystemsClimate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy UsageEnergy TechEnergy Consumption & EfficiencyTarget Customer
Industrial ManufacturingHybrid IndustriesFood & BeveragesEnergy, Utilities & Waste ManagementWaste Treatment, Environmental Services & RecyclingCore Technology
Artificial IntelligenceMachine LearningCommunicationsIOTPlatforms & InterfacesTags (17)
climate-techcontrol-systemsmachine-learningmanufacturing-facilitiesindustry-4.0operations-optimizationenergy-savingartificial-intelligencemonitoringplciotenergytechpredictive-analyticsheating-and-coolingmobile-applicationsreal-timesaasSolutions
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Use Cases
Food & Beverage VerticalGeographic Markets
United StatesEcoPlant Financials
$9.75M
Total funding
Undisclosed
Capital raised
$8M
Last funding
Acquired
Funding stage
4
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
$1.0MAug 2018
$9.0MAug 2020
$9.0MJul 2019
Private Equity Funding
A Round
Aug 2020
$8M
Ecolab (Lead)
Pre-Seed
Jul 2019
Undisclosed
Techstars Accelerator
Seed
Aug 2018
$1M
Benhamou Global Ventures (Lead)
Non-Equity Funding
GrantEvent
Aug 2018
$750K
Israel Innovation Authority
Public Offering / Exit
MNAEvent
Jun 2023
$50M
EcoPlant Lifecycle
Cumulative Funding Raised Over Time
$1.0MAug 2018
$9.0MAug 2020
$9.0MJul 2019
All Events
A Round
Aug 2020
$8M
Ecolab (Lead)
Pre-Seed
Jul 2019
Undisclosed
Techstars Accelerator
Seed
Aug 2018
$1M
Benhamou Global Ventures (Lead)
GrantEvent
Aug 2018
$750K
Israel Innovation Authority
MNAEvent
Jun 2023
$50M
EcoPlant News
4 articles
growth-positive
U.S. giant Ingersoll Rand acquiring Israeli startup Ecoplant for $50 million | CTech
Ingersoll Rand is acquiring Israeli startup Ecoplant, which develops technology to increase energy efficiency and reduce air pollution in factories. The deal is valued at $40-50 million. Ecoplant leverages IoT tech and predictive analytics to automatically control air compressor systems in factories. The company has raised $8.5 million to date and has received grants totaling $3 million. Following the acquisition, Ingersoll will establish a center in Israel that will employ approximately 100 people by 2024.
Acquisition
Ecolab Enters into Partnership with Ecoplant to Offer Energy-Saving Solution for Compressed Air Systems
growth-positive
Ecoplant raises $8 million in series A funding to reduce factories' energy use across the U.S.
Israel-based Ecoplant has partnered with Atlas Machine & Supply Inc. to bring its technology to around 3,000 additional U.S. factories. The partnership comes alongside an $8 million series A funding round. Ecoplants software solution monitors and controls air compressors, optimizing energy consumption and potentially reducing factory energy levels by 30%. The partnership with Atlas Machine gives Ecoplant access to more than 3,000 factories across the U.S. Atlas Machines is a distributor of Sillair compressors in Kentucky, Indiana, Ohio, and Tennessee.
PartnersCustomers
growth-positive
Industrial Machinery Monitoring Startup EcoPlant Raises $1.7 Million
Israel-based industrial machinery monitoring startup EcoPlant Technological Innovation Ltd. has raised $1.7 million in a Series A round led by Benhamou Global Ventures LLC. EcoPlant develops a cloud-based monitoring system for infrastructure machines in industrial plants to improve energy efficiency and equipment uptime.
Investment
EcoPlant Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 60 |
| Team members | 3 |
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EcoPlant Internal
Recent Updates
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Admin Info
| Confidence | 99/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515467884 |
| Crunchbase | ecoplant |
| Phone | +972504433582 |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-01-19T00:00:00.000Z |
| Created | 2017-07-23T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by Ingersoll Rand on Jun, 2023 |