2010
Pune (India)
Series C
Ecozen Solutions is a pioneering company in the agricultural technology sector, focusing on climate-smart deep tech solutions that enhance sustainability and productivity in farming. Here are the key details about Ecozen Solutions:
Ecozen Solutions aims to revolutionize the way agriculture is practiced in India by providing innovative technologies that help farmers manage resources more effectively and sustainably. The company's mission is to empower farmers through climate-smart solutions that reduce waste and improve efficiency.
Ecozen offers a range of products designed to support agricultural practices:
Ecotron: A solar-powered irrigation system that enhances water management for farmers.
Ecofrost: A solar cold storage solution that preserves the freshness of perishable agricultural products, reducing food waste and improving marketability.
Motor Controls and IoT Solutions: Advanced technology stacks that optimize energy usage and enhance operational efficiency in agricultural practices.
Ecozen has deployed over 150,000 units of its products, impacting more than 1 million farmers across India.
The company is currently operating in 15 regions, focusing on improving agricultural practices through sustainable technologies.
Total Funding Raised: Approximately ₹377.47 crore (around $69.07 million).
Latest Funding Round: The most recent funding round raised $30 million, with key investors including Nuveen Global Impact Fund, Omnivore India Capital Trust, and others.
Ecozen is on track to achieve a revenue target of $100 million, having reported a revenue of $37 million in the last fiscal year with a profit of $1 million.
The company has received recognition for its innovative approach to addressing food security and sustainability challenges in agriculture.
Ecozen has formed strategic partnerships to enhance its technology offerings and expand its reach in the market. Collaborations with organizations focused on sustainability have further strengthened its position in the agtech sector.
With a commitment to innovation and sustainability, Ecozen Solutions aims to expand its product offerings and increase its impact on the agricultural sector. The company seeks to continue empowering farmers with advanced technology solutions that promote sustainable practices.
In summary, Ecozen Solutions is at the forefront of transforming agriculture in India through innovative technologies that address key challenges faced by farmers, contributing to a more sustainable future.
$51.4Million
14
$30.0Million, Series C
as of April 19, 2024
$53.5Million
as of N/A
1.82
as of N/A
Omnivore
and 4 more416
N/A
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 19, 2024 | Series C | $30.0Million | - | Omnivore, Exim Bank, Dare Ventures | ||
December 17, 2022 | Series C | $11.5M | Exim Bank | |||
June 13, 2022 | Series C | $2.5Million | Caspian Equity, Triodos Investment Management | |||
December 3, 2019 | Series B | $2.8Million | Omnivore | |||
May 14, 2019 | Series A | $1.8Million | Omnivore, Caspian Equity, Triodos Investment Management | |||
January 22, 2018 | Series A | $939.0K | Omnivore, Caspian Equity, Triodos Investment Management | |||
March 2, 2016 | Series A | $735.0K | Omnivore | |||
February 9, 2015 | Series A | $1.0Milllion | Omnivore | |||
December 10, 2013 | Seed | $24.6K | Villgro |