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- When was EcoPlant acquired and by whom?
- EcoPlant was acquired by the U.S. multinational company Ingersoll Rand in June 2023 for $50 million.
- What is EcoPlant's primary software solution?
- EcoPlant offers an AI-powered software solution designed to optimize the performance of compressed air systems, aiming to reduce energy waste and improve maintenance.
- When was EcoPlant founded and where is its headquarters located?
- EcoPlant was founded in March 2016 and is headquartered in Hod Hasharon, Israel.
- What was EcoPlant's last funding round before its acquisition?
- EcoPlant's last funding round was a Series A in August 2020, raising $8 million with Ecolab as a lead investor.
- How much total funding did EcoPlant raise before its acquisition?
- EcoPlant raised a total of $9.75 million in funding.
- What was the purpose of EcoPlant's partnership with Ecolab in June 2022?
- In June 2022, Ecolab partnered with EcoPlant to offer an energy-saving solution for compressed air systems.
- How many employees did EcoPlant have at the time of its acquisition?
- EcoPlant had approximately 60 employees at the time of its acquisition.
- What is an example of EcoPlant's technology impact on energy efficiency?
- EcoPlant's solution implemented in a US-based detergent manufacturer's facilities was expected to achieve a 25% continuous improvement of efficiency during low air demand, or about 17% overall efficiency improvement.