PORTLAND, Oregon — Dec. 4, 2025 — ZincFive, the a nickel-zinc (NiZn) battery-based company, today announced it has closed an oversubscribed $30 million Series F funding round.
With this funding, the company has raised $254 million since its founding in 2016 and now intends to scale its commercial footprint and manufacturing capacity to meet accelerating demand for AI data center power solutions. Since inception, ZincFive has been backed by a consortium of climate and industrial investors, including Helios Climate Ventures, Climate Investment (CI), Japan Energy Fund, General Ventures, and Clear Creek Investments, among others.
With nearly 2 GW of nickel-zinc battery backup cabinets deployed or contracted across the global data center industry, ZincFive is scaling production to execute on its growing commercial pipeline for safe, sustainable, and high-performance power solutions for mission-critical applications.
“This funding milestone underscores both our commercial maturity and the massive market opportunity ahead,” said Tod Higinbotham, CEO of ZincFive. “We’ve moved beyond proving our technology – we’re scaling to meet contracted demand from the world’s leading hyperscalers and data center operators. This investment accelerates our commercial and manufacturing expansion and strengthens our ability to deliver on the significant commitments our customers have made to deploy ZincFive’s battery technology at scale. As we expand, so does our commitment to continuous improvement – a philosophy that strengthens every layer of our technology, from core chemistry to system-level architecture.”
The funding follows the recently announced launch of ZincFive’s BC 2 AI, a nickel-zinc UPS battery cabinet engineered for the power needs of AI data centers, offering AI load support, zero thermal-runaway risk, and a 96 percent recyclable design. This combination of technology innovation and manufacturing scale strengthens ZincFive’s position as a key enabler of the AI transformation reshaping global data center infrastructure.
“The AI infrastructure buildout represents one of the largest technology investment cycles in history, and power systems are emerging as a critical bottleneck,” said Hannah-Mei Andrews, investment Director at Climate Investment (CI). “ZincFive has demonstrated both the technical strength and commercial track record needed to capture meaningful market share in this rapidly expanding sector. Their ability to deliver safe, sustainable, high-performance batteries uniquely suited to AI’s demanding power profile positions them as a clear leader in the industry’s next phase of growth.”
ZincFive’s patented nickel-zinc battery technology delivers superior power density, inherent safety, and exceptional sustainability compared to lead-acid and lithium-ion alternatives. 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. ZincFive has also established strategic commercial relationships with leading OEMs underscoring its growing role in next-generation, AI-ready infrastructure.
This strategic investment comes as ZincFive continues to gain recognition as a leader in sustainable energy storage, recently earning inclusion on TIME’s 2025 World’s and America’s Top GreenTech Companies lists, the 2024 Edison Award, and CleanTech Breakthrough’s 2024 Overall Innovation of the Year.
