What does Zero Industrial do?
Zero Industrial is a development company based in Charleston, SC that specializes in decarbonizing industrial heat through thermal energy storage (TES) systems. The company offers a full end-to-end solution from design and engineering to project execution and delivery, allowing industrial facilities to eliminate the combustion of fossil fuels for heat and steam production.
How much did they raise?
The company raised $10M in a Series A round, led by Evok Innovations with participation from Rusheen Capital Management.
What are their plans for the money?
Zero Industrial intends to use the funds to accelerate the deployment of thermal energy storage projects across North America, which could have a significant impact on reducing the reliance on fossil fuels for industrial heating and steam production.
What have they achieved so far?
Since its founding in 2024, Zero Industrial has already made progress by originating and developing projects in the United States and Canada, while also exploring opportunities in additional international markets.
