E
e-Zinc
Developing a zinc-based long-duration energy storage technology to enable a reliable transition away from fossil fuels
About e-Zinc
In 2012, e-Zinc was founded in Toronto, Canada, by Dr. Gregory X. Zhang, a visionary driven by the urgent need to combat climate change. Dr. Zhang's pioneering work focused on developing a revolutionary electrochemical technology that stores energy in zinc metal, offering a sustainable alternative to traditional battery systems.
e-Zinc's journey has been marked by significant milestones, particularly in funding. The company has successfully raised over $70 million across multiple funding rounds. Notably, in June 2024, e-Zinc secured $31 million in a Series A2 funding round, which was oversubscribed. This financial boost was pivotal for e-Zinc as it prepared for field demonstration projects, aiming to showcase the potential of its long-duration energy storage solutions.
Throughout its journey, e-Zinc has remained committed to its mission of providing reliable and sustainable energy storage solutions. The company's innovative approach not only addresses the growing demand for renewable energy storage but also positions zinc as a key player in the energy transition. With continued support from investors and a clear vision for the future, e-Zinc is poised to make a lasting impact on the global energy landscape.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Toronto, Canada
- Employees
- 59
- Open positions
- None listed
- Dealroom signal
- 63.6/100
- Sub-industry
- Energy Storage
- Sector
- Energy, Battery, Spinout, Sustainable Development Goals, Charging Technology, Climate Tech, Stationary Energy Storage, Grid Energy Storage, Alternative Battery Chemistry, Long Duration Energy Storage, Zinc Battery, NIF defense security and resilience, NIF Energy Security and Climate Change
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Jun 2024 | $31M | $124M | Export Development Canada · Anzu Partners · Toyota Ventures · Ultratech Capital Partners | ↗ |
| DEBTDebt | Oct 2022 | $7M | — | Silicon Valley Bank | ↗ |
Growth signals
Latest recorded traffic for e-Zinc is 6.5K monthly website visits, up 80.6% over the last three months. e-Zinc's team declined 15.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A9 investors entered at this stage
Anzu Partners
BDC Capital
Toyota Ventures
Eni Next
Evok Innovations
Export Development Canada
Ultratech Capital Partners
Graphite Ventures
Mitsubishi Heavy Industries
Series B and later1 investor entered at this stage
Other known investors1 additional known investor
University of Toronto
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about e-Zinc on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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