What is ZPOWER?
ZPOWER specializes in the development and production of high-performance rechargeable silver-zinc batteries, specifically engineered for microbattery applications. Operating out of a state-of-the-art facility in California, the company maintains rigorous quality standards, including ISO 13485:2016 and ISO 9001:2008 certifications, and holds FDA registration for its medical-grade devices. By prioritizing energy density and environmental sustainability, ZPOWER addresses critical power requirements in sectors where traditional lithium-ion solutions may fall short. The company's market position is defined by its commitment to delivering unmatched performance in compact form factors, serving as a vital component supplier for advanced electronic and medical device manufacturers.
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 D (2004): $11M with participation from Power Ventures and Spangler Ventures
Series C (2004): $8M led by Power Ventures and Spangler Ventures
Series B (2004): $1.9M supported by Power Ventures, Intel Capital Corporation, and OnPoint Technologies
Debt (2007): $24.9M, investors not publicly disclosed
Private Equity (2011): $64M, investors not publicly disclosed
Debt (2018): $25M with participation from Apollo Global Management and MidCap Financial, LLC
Key Investors in ZPOWER
Apollo Global Management
Apollo Global Management, Inc. is a major U.S.-based alternative asset manager widely regarded as one of the largest and most influential investment firms in the world, specializing in managing private markets and alternative investments.
MidCap Financial, LLC
MidCap Financial provides flexible, efficient financing solutions tailored to the needs of growing enterprises, focusing on rapid capital deployment and long-term partnership.
OnPoint Technologies
OnPoint Technologies is a strategic private equity firm funded by the U.S. Army, dedicated to supporting companies that develop innovative mobile power and energy technology at the intersection of defense and commercial markets.
What's next for ZPOWER?
Following the recent infusion of capital, ZPOWER is positioned to optimize its manufacturing throughput and expand its footprint in the high-growth microbattery sector. The strategic use of debt financing suggests a focus on operational efficiency and the scaling of production lines to meet increasing demand from enterprise clients. Moving forward, the company is expected to leverage its established regulatory compliance and technical expertise to deepen its penetration into the medical device and wearable technology markets. By maintaining its focus on silver-zinc innovation, ZPOWER aims to capitalize on the growing necessity for reliable, long-lasting, and environmentally conscious power solutions in increasingly miniaturized electronic ecosystems.
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