e-Zinc

Overview
News
Alternative Energy?
Product stageSegments
Seed
?
Stationary Energy Storage
?

Based in Canada, e-Zinc is a developer and producer of electrochemical technology that uses zinc metal to store electrical energy. The technology serves as a low-cost alternative to other battery technologies and has the potential to store hundreds of hours of energy. Additionally, e-Zinc’s energy storage system is recyclable/reusable, fire resistant, flexible, scalable, has little to no reliance on cooling or heating systems, and retains 100% of its usable capacity throughout its lifetime.

Key customers and partnerships

e-Zinc’s partners include Sustainable Development Technology Canada, Energy Storage Canada, SunGrid, Faromor, Natural Resources Canada, Ontario Centre of Innovation, National Research Council Industrial Research Assistance Program, Toyota Tsusho, Schneider Electric, MaRS Cleantech, California Energy Commission, and Creative Destruction Lab.

Funding and financials

e-Zinc’s latest funding was in October 2022, when the company secured a USD 7 million debt financing facility from Silicon Valley Bank Canada. The funds were raised to further progress its commercialization efforts and execute commercial pilot projects.


HQ location:
25 Advance Road Toronto ON CAN
Founded year:
2012
Employees:
51-100
IPO status:
Private
Total funding:
USD 73.2 mn
Last Funding:
USD 31.0 mn (Series A; Jun 2024)
Last valuation:
-
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