ZincFive Secures $30M to Scale Nickel-Zinc Power for AI Data Centers


ZincFive Secures $30M to Scale Nickel-Zinc Power for AI Data Centers

📅 - ZincFive has secured a new $30 million Series F financing round, closing the raise in an oversubscribed position as demand accelerates for advanced power systems capable of supporting the rapid expansion of AI data center infrastructure. ZincFive is a global provider of nickel-zinc battery research and delivery as well as instant power solutions.

Founded in 2016, the Oregon-based company has now raised a total of $254 million and plans to use the new capital to scale manufacturing capacity and expand its commercial reach as hyperscalers face mounting pressure to secure reliable, sustainable, and high-density backup power.

ZincFive reports nearly 2 GW of nickel-zinc battery backup [...][... Check source for end of article ...]
Tags: AI

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