Ecoil, a climate-tech startup focused on sustainable fuel production, has raised $2.5 million in fresh funding to scale its technology that converts waste cooking oil into biofuel. The investment underscores growing investor confidence in circular economy solutions and alternative fuels as global pressure intensifies to reduce carbon emissions.
The round, led by a mix of early-stage venture funds and climate-focused investors, will be used to expand Ecoil’s processing capacity, strengthen its supply chain for waste oil collection, and enhance its refining technology. The company aims to position itself as a key player in the transition toward low-carbon energy sources, particularly in emerg
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