ECOPATH, a Bengaluru climate-tech startup that makes concrete without cement, has raised Rs 2.25 crore in a seed round from Social Alpha and Gemcorp, StartupTalky reported. The funds will go into precast manufacturing, supply chains, hiring and research. Neither the company nor its investors have said how much each investor put in, or who led the round.
Sourabh Kumar and Abhishek Chhazed founded ECOPATH in 2024. The company makes concrete from industrial by-products, including steel-industry waste, mixed with proprietary binders, and says its products need no conventional water curing. Its range spans pavers, kerbstones, U-drains, boundary walls, slabs, solid blocks and ready-mix concrete, and it also builds roads and external infrastructure so buyers deal with one vendor.
The company says its order book already tops Rs 40 crore, though it has not itemised how much is firm work versus expected orders. It names Lodha, Tata Power and Jindal Steel among more than 40 paying commercial customers - names the customers themselves have not confirmed - and has not published revenue.
The carbon claims are also the company's own. ECOPATH says its materials cut emissions by about 75% on average against conventional cement-based products, depending on the application. It estimates its paver installation at RV University's new Mysore campus avoids about 130 tonnes of carbon dioxide, and that ongoing work at Emmvee Solar's facility will avoid more than 2,000 tonnes on completion. None of these figures has been independently verified. Its stated goal is a cumulative reduction of 10 million tonnes of CO2 by 2030.
Roads are the next test. The company is developing zero-cement concrete laid on site for roads, flooring and drains, plus a rapid-setting repair for concrete roads that, in its own trials, reopened stretches to traffic in 15 minutes without water curing; SiliconIndia reports the repair product is still in development. ECOPATH plans to focus on Bengaluru, Hyderabad, Pune, Chennai and Mumbai.
FundForge Insight: Rs 2.25 crore is a small cheque against a claimed Rs 40 crore order book, and that gap defines the risk - precast plants need machines, space and working capital before a rupee of an order is collected. The demand signal is real: developers want low-carbon material. What is unproven is delivery at price and volume, and a customer list that so far exists only in the company's telling. If the order book converts, expect a much larger raise soon. Sources: StartupTalky (November 4, 2026), SiliconIndia (November 2026). This is not investment advice.
