9 February, 2023
TechEmerge Innovator Raises $25 million
Ecozen, an India-based innovator and participant in the TechEmerge Sustainable Cooling Program in Nigeria, recently raised $25 million of combined equity and debt capital. Ecozen manufactures energy-efficient cold storage solutions, along with climate-smart deep tech solutions for motor controls, IoT, and energy storage.
In Nigeria, Ecozen has partnered with Agvest Limited and engineering company Lange & Grant to field test a portable solar-powered cold room with water-based efficient thermal energy storage for fruits, vegetables and other agricultural commodities after harvest.
Read more here.
Header photo by Ecozen. Description: Ecozen Co-Founders, from left: Vivek Pandey, Prateek Singhal & Devendra Gupta. Photo by Ecozen
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