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ELLECT

ELLECT

Private
BusanFrontier & Industrial Techhttps://ellect.co.kr/

Last Round

Series A

Jun 2, 2026

Total Funding Raised

$2.42M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

ELLECT is a machinery manufacturing company that develops and produces electrification solutions for construction equipment to reduce carbon emissions.

Sector

Frontier & Industrial Tech

Verticals

Construction Tech, Clean Transportation, Industrial Robotics, Electric Vehicles

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales

AI Layer

Application

Keywords

electrificationconstruction equipmentelectric excavatorretrofitelectric conversionheavy machineryEV conversionESGmodular hardwareconstruction techconstruction roboticsautonomous constructionremote control systemsdecarbonizationgreen construction

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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ELLECT Comparables

Compare ELLECT with similar companies based on industry and business-model similarity.

ELLECT comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
READi Robust Machine
80%
Viridi Parente
71%
First Green Industries
66%

ELLECT Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJun 2, 2026
Early FundingJul 16, 2024
SeedAug 22, 2023

Key People

Founding team and executive leadership

inkyu Choi

Chief Executive Officer & Co-Founder

Founding Team

Hunik Jo

Chief Operating Officer

Executive Team

ELLECT Investors

Notable investors and investment history

ELLECT investors
InvestorRounds
Busan United Technology HoldingsSeries A, Seed
The Invention LabEarly Funding
E&Venture PartnersSeries A
SERIES VenturesSeries A
Korea Credit Guarantee FundSeries A
Magna InvestmentEarly Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 27, 2026

    Monthly visitors grew 362% MoM, from 530 to 2.5K.

  • Jun 2, 2026

    $2.4M round led by SERIES Ventures.

ELLECT Filings

Explore SEC and related filing metadata, where available.

ELLECT filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about ELLECT's valuation, stock price, and market status.

Is ELLECT a public or private company?

ELLECT is a private company.

What is the current stock price of ELLECT?

ELLECT is a private company with no public stock price. Caplight tracks ELLECT's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is ELLECT worth (valuation)?

Valuation information for ELLECT is not publicly available.

Can I buy ELLECT stock?

ELLECT shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was ELLECT's last funding round?

ELLECT's most recent funding round was Series A on June 2, 2026.

Who are the main investors in ELLECT?

Key investors in ELLECT include Busan United Technology Holdings, The Invention Lab, E&Venture Partners, SERIES Ventures, Korea Credit Guarantee Fund.

Will ELLECT IPO soon?

No public IPO plans have been announced for ELLECT.

How can I track ELLECT secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor ELLECT's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBusan
Employee Range2
Year Founded2023
Last FundingJun 2, 2026

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