ZincFive Raises $30 Million in Oversubscribed Series F Financing to Power the Data Center Infrastructure Behind the AI Boom
Summary
With this funding, the company has raised $254 million since its founding in 2016 and is positioned to rapidly scale its commercial footprint and manufacturing capacity to meet accelerating demand for AI data center power solutions. With nearly 2 GW of nickel-zinc battery backup cabinets deployed or contracted across the global data center industry, ZincFive is rapidly scaling production to execute on its growing commercial pipeline for safe, sustainable, and high-performance power solutions for mission-critical applications. Their ability to deliver safe, sustainable, high-performance batteries uniquely suited to AIs demanding power profile positions them as a clear leader in the industrys next phase of growth. With nearly a decade of proven field performance, its chemistry maintains conductivity even in weak or depleted cells, requires minimal maintenance, and offers an industry-leading compact and environmental footprint. This strategic investment comes as ZincFive continues to gain recognition as a leader in sustainable energy storage, recently earning inclusion on TIMEs 2025 Worlds and Americas Top GreenTech Companies lists, the 2024 Edison Award, and CleanTech Breakthroughs 2024 Overall Innovation of the Year.