CleanTechnica•16 days ago
Nickel-Zinc Battery Company Raises $30 Million
- •ZincFive secured $30 million in an oversubscribed Series F funding round, bringing its total funding to $254 million, demonstrating strong investor confidence in Nickel-Zinc (NiZn) battery technology.
- •The capital infusion is earmarked for rapid scaling of ZincFive's commercial footprint, indicating increased market availability and deployment of their NiZn battery solutions.
- •For developers and large power consumers, this signifies the maturing and expanding presence of a non-lithium battery alternative, particularly relevant for applications demanding high power density, fast response, and enhanced safety, such as critical infrastructure and data centers.
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