Ellect (Electrical Equipment) Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 3

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $2.48M

  • Investors
  • 13

Ellect (Electrical Equipment) General Information

Description

Manufacturer of an electric excavator intended to contribute to ESG carbon reduction targets. The company supports all services, including production repair, sales, and consulting related to excavators, enabling clients to give efficient electric excavator services.

Contact Information

Website
www.ellect.co.kr
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • CENTAP, Room 601
  • 45 Centumdong-ro, Haeundae-gu
  • Busan
  • South Korea
Primary Industry
Electrical Equipment
Other Industries
Other Commercial Products
Vertical(s)
CleanTech, Manufacturing
Corporate Office
  • CENTAP, Room 601
  • 45 Centumdong-ro, Haeundae-gu
  • Busan
  • South Korea

Ellect (Electrical Equipment) Timeline

202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Ellect (Electrical Equipment) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Early Stage VC (Series A) 02-Jun-2026 $2.48M Completed Generating Revenue
7. Accelerator/Incubator 22-May-2026 Completed Generating Revenue
6. Secondary Transaction - Private Completed Generating Revenue
5. Early Stage VC 10-Oct-2024 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2024 Completed Generating Revenue
3. Accelerator/Incubator Completed Generating Revenue
2. Accelerator/Incubator 01-Oct-2023 $233K Completed Generating Revenue
1. Seed Round 01-Aug-2023 $233K $233K Completed Startup
To view Ellect (Electrical Equipment)’s complete valuation and funding history, request access »

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Ellect (Electrical Equipment) Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 2

    Pending

  • Expiring in next 12 mo

Ellect (Electrical Equipment) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026049527-A1 Excavator electrification module and excavator having same Pending 01-Sep-2024
WO-2025173851-A1 Excavator electric motorization module and excavator having same Pending 15-Feb-2024

Ellect (Electrical Equipment) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Ellect (Electrical Equipment) Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Center for Creative Economy and Innovation Accelerator/Incubator Minority
E&Venture Partners Venture Capital Minority
Gyeongnam Venture Investment Venture Capital Minority
Korea Credit Guarantee Fund Venture Capital Minority
Midasdong-a Investment Venture Capital Minority
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Ellect (Electrical Equipment) FAQs

  • When was Ellect (Electrical Equipment) founded?

    Ellect (Electrical Equipment) was founded in 2023.

  • Where is Ellect (Electrical Equipment) headquartered?

    Ellect (Electrical Equipment) is headquartered in Busan, South Korea.

  • What is the size of Ellect (Electrical Equipment)?

    Ellect (Electrical Equipment) has 3 total employees.

  • What industry is Ellect (Electrical Equipment) in?

    Ellect (Electrical Equipment)’s primary industry is Electrical Equipment.

  • Is Ellect (Electrical Equipment) a private or public company?

    Ellect (Electrical Equipment) is a Private company.

  • What is Ellect (Electrical Equipment)’s current revenue?

    The current revenue for Ellect (Electrical Equipment) is .

  • How much funding has Ellect (Electrical Equipment) raised over time?

    Ellect (Electrical Equipment) has raised $2.71M.

  • Who are Ellect (Electrical Equipment)’s investors?

    Center for Creative Economy and Innovation, E&Venture Partners, Gyeongnam Venture Investment, Korea Credit Guarantee Fund, and Midasdong-a Investment are 5 of 13 investors who have invested in Ellect (Electrical Equipment).

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