Ecozen secures $23 million debt funding for clean energy solutions

Ecozen, a clean energy technology company, has raised over $23 million in debt funding from investors including responsAbility Investments, Northern Arc Capital, and Maanaveeya Development & Finance. 

The funds will support the scaling of flagship solutions like Ecotron, Ecofrost, and advanced motor control systems, as well as domestic and international expansion.

The company has achieved a compound annual revenue growth rate exceeding 83% over the last three years. Ecozen has manufactured over 300,000 Ecotron solar pump controllers, with 100,000 units produced between March and December 2024. Its Omni controller enables customers to utilize solar energy across various applications. To date, Ecozen has mitigated more than 2 million metric tonnes of greenhouse gas emissions, including 660,000 metric tonnes in 2024.