Clean energy startup Ecoil raises $2.5 million in a funding round led by Fundalogical Ventures to expand its operations and technology platform.
Amount Raised
$2.5 Million
Round Type
Seed
IndiaEnergyOil And GasInvestors
Description
Clean energy startup Ecoil has raised about $2.5 million in a funding round led by early-growth stage venture capital firm Fundalogical Ventures. The startup plans to utilize the funds to expand its operations, strengthen its technology platform, and broaden its presence in major markets across India. Founded in 2019, Ecoil collects and manages used cooking oil for biofuel production. The investment addresses the critical need for reliable feedstock aggregation in India’s biofuels ecosystem.
Quick answer
Ecoil raised $2.5 Million in a Seed round, dated April 7, 2026. Investors: The Chennai Angels, Caspian Impact Investment, Momentum Capital and Fundalogical Ventures. Ecoil is based in India.
- How much did Ecoil raise?
- Ecoil raised $2.5 Million in a Seed round on April 7, 2026.
- Who invested in Ecoil?
- The Chennai Angels, Caspian Impact Investment, Momentum Capital and Fundalogical Ventures are named as investors in this round.
- What does Ecoil do?
- Ecoil is a clean energy startup founded in 2019 by Sushil Vaishnav and Kirti Vaishnav.
- Where is Ecoil based and how big is it?
- Ecoil is based in India.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Ecoil that raised within 45 days of this round, from Fundz verified event records.
- PowerGEM raised an undisclosed amount on May 18, 2026.
- Mantle8 raised $36M (Funding Round) on May 13, 2026.
- CleanDesign raised $20M on April 28, 2026.
- Serenity Power raised $920K (Pre-Seed) on April 27, 2026.
- Decade Energy raised $26M on April 23, 2026.
- Viking Global Technologies, Inc. raised $500K (Debt Financing) on April 23, 2026.
Who to call at Ecoil, and when
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- An alert the day Ecoil raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ecoil, from your own LinkedIn network
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