Feb 22, 2023 | Funding, Investment
Mercom Capital’s annual M&A report showed huge gains in the energy storage industry. In a note on venture capital (VC) funding, Zinc-based Batteries were the 9th most invested category in energy. This funding was a total of $123M in 5 separate deals....
Dec 14, 2022 | Backup Power, Funding, Investment, Nickel-Zinc
Nickel-Zinc battery manufacturer, ZincFive, completed its Series D financing round raising $54M led by Helios Climate Ventures. Their battery technology is used in critical infrastructure applications to provide back-up power for faciliteis such as data centers,...
Aug 2, 2022 | Funding, Government, Grant, Grid Storage, Project Announcements, Stationary
CLEVELAND, OH — Octet Scientific, Inc. has been awarded $1 Million from the U.S. National Science Foundation (NSF) Small Business Innovation Research (SBIR) program to conduct research and development (R&D) work on making safer and more sustainable...
Mar 21, 2022 | Funding, Investment
Octet is happy to announce our recent investment from the Gale Family Fund, the company’s first private investment. It comes from the family of Brian Gale, who decided to invest after serving as a mentor to the company via JumpStart’s Burton D. Morgan...
Jul 9, 2021 | Funding, Grid Storage, Investment, Zinc-Bromine
In another great sign for not only the viability of Zinc-based storage but also its ability to out-perform lithium on the grid, Koch Strategic Platforms announced a $100M investment in Eos Energy Enterprises, a leading maker of Zinc-Bromine batteries. The investment...
Jan 1, 2018 | Funding, Zinc-Air
Cleveland, Ohio: Jan 1, 2018 – Octet Scientific has been awarded a National Science Foundation (NSF) Small Business Technology Transfer (STTR) grant for $225,000 to conduct research and development work on new chemicals to help commercialize Zinc-air batteries....
