ZincFive Raises $54M in Series D Financing







ZincFive, a Portland, OR-based supplier of nickel-zinc battery-based options, raised $54M in Series D funding.

The spherical was led by Helios Climate Ventures with participation from Senator Investment Group, Standard Industries, OGCI Climate Investments and Japan Energy Fund. The Series D funding brings ZincFive’s whole funding since inception to $139M.

The firm intends to make use of the funds to speed up its penetration into current markets together with mission essential purposes in knowledge facilities, clever transportation, and industrial engine beginning in addition to offering the expansion capital to enter new high-power power segments and geographies.

Led by CEO ZincFive is the world chief in innovation and supply of nickel-zinc batteries and energy options. With greater than 90 patents awarded, the expertise leverages the security and sustainability of nickel-zinc chemistry to supply excessive energy density and efficiency to mission essential purposes.

FinSMEs

06/12/2022






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