Japan Energy Fund Invests in ZincFive
Posted on 12/07/2022
Tualatin, Oregon-based ZincFive, Inc. raised US$ 54 million in Series D funding. The Series D investment brings ZincFive’s total funding since inception to US$ 139 million. The investment round was led by Helios Climate Ventures. In addition to Helios, other pre-existing investors who also chose to make an investment in this round in further support of ZincFive’s mission and nickel-zinc power solutions include Senator Investment Group and Standard Industries. New investors include OGCI Climate Investments and Japan Energy Fund, among others.
ZincFive is engaged in the nickel-zinc battery-based solutions business. The company is banking on its nickel-zinc rechargeable battery technology.