Climate-smart deeptech startup Ecozen raises $30M for solar-powered agritech expansion in Africa and SE Asia.

Climate-smart deeptech startup Ecozen raises $30M from Nuveen, InCred Credit Fund, and US International Development Finance Corporation (DFC). Ecozen, an agritech firm, plans to use the funds to address the growing demand for its solar-powered agricultural solutions, such as cold storage boxes and irrigation systems, and expand its product offerings and market presence in Africa and Southeast Asia. The company has experienced rapid growth over the last two years, with profits tripling.

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