Ecoil Secures $2.5M to Convert Used Cooking Oil into Biofuel

ECOIL, a platform focused on the collection and disposal of used cooking oil, has raised around 2.5 million in a Series A funding round led by Fundalogical Ventures. The funding round also saw participation from Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels. Shell had previously backed the company as a seed investor....