What is Zero Industrial?
Zero Industrial specializes in providing end-to-end development solutions for industrial decarbonization. The company's core offering involves utilizing thermal energy storage technologies to replace the combustion of fossil fuels for heat and steam generation. Customers benefit from a Heat-as-a-Service model, which requires no upfront capital investment. Zero Industrial is actively developing projects across the United States and Canada, with an eye toward expanding into international markets.
How much funding has Zero Industrial raised?
Zero Industrial has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2025): $10M with participation from Rusheen Capital Management and Evok Innovations
Key Investors in Zero Industrial
Rusheen Capital Management
Rusheen Capital Management, led by Jim McDermott and Jeff Green, focuses on investment, commercialization, and project development for sustainable technologies, aiming to foster a carbon-to-value economy through investments in decarbonization and resource efficiency.
Evok Innovations
Evok Innovations is a climate-focused venture capital firm that invests in hard tech solutions for heavy industry, partnering with entrepreneurs to scale transformative technologies in energy and industrial optimization.
What's next for Zero Industrial?
The recent major strategic investment signals a significant growth phase for Zero Industrial, likely enabling the company to scale its project origination and development efforts. With a focus on enterprise-level solutions and a Heat-as-a-Service model, the company is well-positioned to capitalize on the increasing demand for industrial decarbonization. Future expansion into new geographic markets is anticipated, further solidifying its role in the transition to sustainable industrial operations.
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