ZincFive, a Portland, OR-based supplier of nickel-zinc battery-based options, raised $54M in Collection D funding.
The spherical was led by Helios Local weather Ventures with participation from Senator Funding Group, Commonplace Industries, OGCI Local weather Investments and Japan Vitality Fund. The Collection D funding brings ZincFive’s whole funding since inception to $139M.
The corporate intends to make use of the funds to speed up its penetration into present markets together with mission essential purposes in information 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
