What is ZPOWER?
Headquartered in Camarillo, California, ZPOWER specializes in the development and manufacturing of high-performance, environmentally friendly rechargeable silver-zinc batteries. These batteries are designed for microbattery applications, offering superior performance and an enhanced user experience. ZPOWER's commitment to quality is evidenced by its ISO 13485:2016 and ISO 9001:2008 certifications, along with its facility and devices being registered with the FDA. The company's technology addresses critical needs in various sectors requiring compact and reliable power sources.
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 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, LLC is a financial services firm known for tailoring flexible and efficient financing solutions, aiming to provide capital quickly and effectively to support business growth.
Apollo Global Management
Apollo Global Management is a major U.S.-based alternative asset manager specializing in private markets and alternative investments, managing significant capital for institutional clients and high-net-worth individuals.
OnPoint Technologies
OnPoint Technologies is a strategic private equity firm, backed by the U.S. Army, focused on investing in and supporting companies that develop innovative mobile power and energy technology for both defense and commercial markets.
What's next for ZPOWER?
With substantial enterprise-level backing and a recent strategic investment, ZPOWER is well-positioned for its next phase of growth. The company's focus on advanced battery technology, particularly in the niche of silver-zinc chemistry, suggests a strategic push into markets demanding high energy density and long cycle life. Future endeavors will likely involve scaling manufacturing capabilities, expanding its product portfolio, and forging new partnerships to leverage its unique battery solutions across a broader range of applications. The company's trajectory indicates a strong emphasis on innovation and market penetration.
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