About
GreenSpense is the developer of a continuous, propellant-free dispensing technology. By eliminating the need for gas, air, or VOCs in aerosol containers, the company's product allows manufacturers to use low-cost, recyclable materials such as plastic or cardboard instead of pressurized canisters.
GreenSpense's EcoDrive technology is based on proprietary elastomer technologies. Rather than using compressed air for propulsion, the technology enables the product to be air-forced from a sleeve located inside the container a process similar to the way air is squeezed through a bagpipe. The nanotechnology-based internal elastic sleeve is thin and generates high pressure, with no pressure exerted on the external container.
Easily implemented in filling lines, GreenSpense technology is safe, eco-friendly, and compatible with most standard dual-compartment components.
GreenSpense was the winner of the 2013 International Cleantech Open Ideas Competition and received Horizon 2020 SME grant.
Funding history · 6 rounds · $10.9M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is GreenSpense's core technology?
- GreenSpense develops a continuous, propellant-free dispensing technology called EcoDrive, which eliminates the need for gas, air, or VOCs in aerosol containers by using proprietary elastomer technologies to air-force product from an internal elastic sleeve.
- When was GreenSpense founded?
- GreenSpense was founded in December 2011.
- What was GreenSpense's first known funding round?
- GreenSpense received a Seed round from The Trendlines Group, with the date and amount undisclosed in startupim data.
- How much total funding has GreenSpense raised?
- GreenSpense has raised a total of $10,921,140 USD across multiple funding rounds and grants. For a full financing history, refer to startupim.
- What was the most recent funding round for GreenSpense?
- GreenSpense's most recent funding round was a Series B in August 2022, raising $1,579,786 USD from undisclosed investors.
- What recognition did GreenSpense receive in 2013?
- GreenSpense was the winner of the 2013 International Cleantech Open Ideas Competition.
- What type of grant did GreenSpense receive from the EU?
- GreenSpense received a Horizon 2020 SME grant from the EU, with news of this funding released in May 2019.
- What is the current employee count for GreenSpense?
- GreenSpense currently has 9 employees.
- What was the most recent update regarding GreenSpense's Eco-Drive technology?
- In February 2024, GreenSpense unveiled major updates to its flagship Eco-Drive technology, according to worldaerosols.com.