
ViZn Energy Systems
5314 US Hwy 2 West, Columbia Falls, Montana, 59912, United States
Overview
ViZn Energy Systems is an energy storage company based in Columbia Falls, Mont., founded in 2009. The company develops and deploys a zinc‑redox flow battery solution for utility, commercial and industrial, and microgrid applications worldwide. Its core product is a versatile zinc‑redox flow battery designed for large‑scale and distributed energy storage use cases. ViZn recently secured a $15M financing and has ended a staff furlough that lasted approximately ten weeks. John Lowell, who served as Chief Operations Officer for six years, has assumed the role of CEO as the company streamlines operations. Management said it is reducing the global commercial organization now, with plans likely to expand that organization again in 2019. ViZn Energy Systems is commercializing next-generation zinc-iron flow batteries for megawatt-scale commercial, industrial, microgrid and utility markets. The company has raised $24 million to date, including over $7 million in 2014. ViZn is expanding its operations with a new corporate headquarters in Austin, Texas while growing capabilities at its Montana facility, which houses the design center, engineering and operations staff. The Montana expansion is intended to increase development and production capacity for its zinc-iron flow batteries. ViZn expects to ship more than 1 MWh of systems in the first half of 2015. Founded in 2009 and based on eight prior years of research, the company emphasizes safety, reliability, cost-effectiveness and scalability in its energy storage solutions.
- Total raised
- $39M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jun 2018
Industries
- CleanTech
- Energy
- Energy Storage
- Transportation
Recent funding
Equity
Jun 2018
$15M
Equity
Feb 2015
$24M