Ekonoke

Ekonoke specializes in the sustainable production of climate-resilient hops, serving the brewing industry with advanced agricultural practices for high-quality hop varieties. Ekonoke operates as a producer of sustainable hops tailored for breweries. The company is headquartered in Madrid, Spain. Founded by Ana García, Ines Sagrario, and Javier Moreno, Ekonoke raised EUR 4.

2 million in funding on October 20, 2022, from Leanox Impact Capital, marking its second investment deal, bringing the total amount raised to EUR 4. 2 million. The CEO is Ines Sagrario. Ekonoke specializes in the production of sustainable and climate-resilient hops, catering to the brewing industry.

The company’s core offerings include a variety of hop types cultivated using advanced agricultural biotech techniques. By establishing indoor farms adjacent to breweries, Ekonoke ensures high-quality, locally sourced hops that meet specific client needs, primarily serving craft breweries and larger beer producers across Europe, North America, and parts of Asia. In the most recent fiscal year 2023, Ekonoke reported revenue of EUR 100,598. 50, with an EBITDA of EUR -358,559.

50. The company’s revenue model focuses on B2B transactions, facilitating consistent supply agreements that foster stability through long-term partnerships with breweries, aimed at meeting the growing demand for quality hops and sustainable practices. Ekonoke plans to leverage EUR 4. 2 million raised in its most recent funding round in October 2022 to expand its product offerings and geographic reach.

The company is focusing on developing new hop varieties tailored for distinct brewing processes and aims to enter new markets in Asia and North America by the end of 2024, capitalizing on increasing demand for sustainable sourcing in the brewing industry.