Founded in 2016, ZincFive designs and manufactures nickel-zinc (NiZn) battery-based power solutions for immediate backup applications in data centers and other mission-critical environments. Its patented chemistry offers higher power density, zero thermal-runaway risk, minimal maintenance, and a 96 percent recyclable design compared with lead-acid or lithium-ion alternatives. The company recently introduced the BC 2 AI UPS battery cabinet tailored to the dynamic loads of AI workloads. ZincFive claims nearly 2 GW of NiZn battery backup cabinets have been deployed or contracted worldwide, underscoring accelerating commercial traction with hyperscalers, data center operators, and OEM partners. Recognition such as TIME’s Top GreenTech Companies, a 2024 Edison Award, and CleanTech Breakthrough’s 2024 Overall Innovation of the Year complements its technical credibility. The firm has raised a cumulative $254 million to date and is expanding manufacturing capacity to meet a rapidly growing order pipeline tied to the global AI infrastructure build-out. Headquarters are in Tualatin, Oregon.

Total raised

$97M

Funding rounds

3

Latest round

Series F

Latest activity

Dec 2025