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Elect Logo
Elect Growth Score
59
CB Rank
208459
Heat Score
88
Elect is a construction equipment electrification solutions company.
Founded
obfuscation
PrivateSeed Haeundae, Pusan-jikhalsi, South Korea1-10 ellect.co.kr
Environmental Consulting
Sustainability
Overview

Elect
Growth Score
59
Heat Score
88

Growth Score59
13 pts
in past quarter
Heat Score 88
58 pts
in past quarter

Company Performance Metrics

Score
Trend
AI Content may contain mistakes and is not legal, financial or investment advice.Learn more.
Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Learn More >
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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+2 more milestones
See more interactive data and historical milestones on desktop for the best experience

About Elect

CB Rank
208459
Elect is a construction equipment electrification solutions company.
Founded
obfuscation
PrivateSeed Haeundae, Pusan-jikhalsi, South Korea1-10 ellect.co.kr
Environmental Consulting
Sustainability

Funding Rounds

Seed
OBF
in
obfuscation

Key People

Details

Legal Name Ellect Co., Ltd.
Also Known As 엘렉트
Operating Status Active
Company Type For Profit
Founders  Inkyu Choi
About the Company
Elect specializes in providing electrical solutions for construction equipment. It transforms internal combustion engine excavators, which release large amounts of carbon, into eco-friendly excavators, assisting to solve social problems.
Phone Number 070-8849-2222
Contact Email info@ellect.co.kr
Predictions & Insights

Growth Prediction

See this Growth Prediction

Products & Services

ECO Cube Electrification Module Platform
A modular electrification system designed to convert internal combustion construction equipment into electric-powered machines.
Carbon Credit Trading Service
A service that leverages electrification technology to contribute to ESG carbon reduction goals and facilitates carbon credit trading in the construction machinery sector.

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Financials

Company Funding

Number of Funding Rounds 1
Unlock company funding data, including rounds, dates, amounts, and investors.
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Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
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Funding Rounds

Number of Funding Rounds 1
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
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Investors

Unlock company funding data, including rounds, dates, amounts, and investors.
Investor Name  
Lead Investor  
Funding Round  
Partners  
Magna Investment Logo
Magna Investment
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Market Intelligence
People
View Profiles & Contacts
Headcount 1-10 Employee Profiles 1

Employee Profiles

News

News and Press

News•Jun 4, 2026
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News•Aug 20, 2024
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Access a complete feed of recent news and press, from product launches to leadership changes.
Technology
View Tech Report

Active Website Tech Count

20Elect is actively using 20 technologies for its website, according to BuiltWith. These include IPhone / Mobile Compatible, SSL by Default, and  Viewport Meta.

Total IP

2The intellectual property of Elect includes 2 registered patents primarily in the 'Hydraulic Engineering; Foundations; Soil Shifting' category, according to IPqwery.
Sub-Organizations
Frequently Asked Questions

Where is Elect's headquarters? Elect is located in Haeundae, Pusan-jikhalsi, South Korea.Who invested in Elect? Elect has 2 investors including Magna Investment and  The Invention Lab.When was the last funding round for Elect? Elect closed its last funding round on
obfuscation
from a Seed round.Who are Elect's competitors? Alternatives and possible competitors to Elect may include Caterpillar, JCB, and  Volvo Construction Equipment.
Who We Are
What We Do
Helpful Links
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