What is ZPOWER?
Headquartered in Camarillo, California, ZPOWER specializes in the engineering and production of rechargeable silver-zinc batteries designed specifically for microbattery applications. By delivering superior energy density and environmental sustainability, the company has established itself as a critical player in the power storage ecosystem. ZPOWER maintains rigorous quality standards, holding ISO 13485:2016 and ISO 9001:2008 certifications, and operates a facility registered with the FDA, ensuring its products meet the stringent requirements of the medical and consumer electronics industries.
How much funding has ZPOWER raised?
ZPOWER has raised a total of $134.9M across 6 funding rounds:
Multiple Rounds
$21M
Debt
$24.9M
Private Equity
$64M
Debt
$25M
Series C (2004): $8M with participation from Spangler Ventures and Power Ventures
Series D (2004): $11M led by Power Ventures and Spangler Ventures
Series B (2004): $1.9M supported by Intel Capital Corporation, OnPoint Technologies, and Power Ventures
Debt (2007): $24.9M, investors not publicly disclosed
Private Equity (2011): $64M, investors not publicly disclosed
Debt (2018): $25M with participation from MidCap Financial, LLC and Apollo Global Management
Key Investors in ZPOWER
MidCap Financial, LLC
MidCap Financial provides flexible, middle-market financing solutions, specializing in asset-based lending and tailored capital structures for growing enterprises.
Apollo Global Management
A global alternative asset manager that focuses on private equity, credit, and real assets, providing significant institutional backing to large-scale industrial and technology firms.
OnPoint Technologies
OnPoint Technologies is a strategic private equity firm funded by the U.S. Army, dedicated to supporting innovations in mobile power and energy technology that bridge defense and commercial sectors.
What's next for ZPOWER?
The infusion of capital from recent financing rounds positions ZPOWER to accelerate its operational roadmap and expand its footprint in the competitive energy storage market. By leveraging its established manufacturing infrastructure and regulatory compliance, the company is well-positioned to address the growing demand for high-efficiency, long-lasting power solutions. Future growth will likely focus on deepening market penetration within the medical device sector and exploring new commercial applications for its silver-zinc technology, ensuring long-term value creation for its stakeholders.
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