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, hospitals, engine starting, and more. ZincFive continues to win contracts against some of the industry leaders in other technologies because of their superior offering. This funding will allow ZincFive to grow its manufacturing to meet the demand that is being seen for reliable, safe and sustainable options. The potential of Nickel Zinc technologies is starting to be realized and we hope to see more deals like this to support its scale-up.
ZincFive Raises $54M in Series D Funding
Dec 14, 2022 | Backup Power, Funding, Investment, Nickel-Zinc | 0 comments