Sept. 11-13, 2017 | St. Louis, MO

EcoSynthetix Raises $100 Million CAD in Largest Cleantech IPO on TSX

EcoSynthetix was formed in 1996 by a graduate of Waterloo University to develop bio-based materials as an environmentally friendly and superior product to petroleum-based products. The company presented their biolatex® with wide acclaim at the 2010 Ag Innovation Showcase.

A little more than a year after their participation in the Ag Innovation Showcase, EcoSynthetix closed its IPO priced at $9 per share in Canadian dollars under Toronto Stock Exchange symbol ECO, for proceeds totaling $100.35 million. This was the largest cleantech IPO on the Toronto Stock Exchange to date.

  • 2010
  • John van Leeuwen
  • EcoSynthetix
  • Burlington, ON, Canada