INFOGRAPHIC: Top Asian Startup Funding — Week 17

  • Ecozen Secures $30M to Scale Climate-Smart Agritech Solutions
  • LetsTransport Raises $22M Investment to Expand Operations
  • Aurionpro Solutions Acquires AI Solutions Startup Arya.ai for $16.5M
  • Dhruva Space Raises $15M to Expand Space Tech Offerings
  • Fintech Stoxkart Raises $12M Led by SMC Global

Ecozen Secures $30M to Scale Climate-Smart Agritech Solutions

  • Pune-based agritech firm Ecozen has raised $30 million in a combination of equity and debt round led by US-based global investment manager Nuveen. InCred Credit Fund and U.S. International Development Finance Corporation also provided debt support.
  • Founded in 2010, Ecozen specializes in climate-smart deep-tech solutions for agriculture, notably through its solar-powered systems, Ecotron and Ecofrost. These innovations have revolutionized India's irrigation and cold chain industries, benefiting over 180,000 farmers.
  • With the new funding, Ecozen plans to scale its operations, deepen market penetration domestically and internationally, and expand its offerings into cleaner energy segments.