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Zero Industrial raised $10M in Series A funding led by Evok Innovations with participation from Rusheen Capital Management. The funds will accelerate the deployment of thermal energy storage projects in North America.

PRIVATEApr 07, 2025

Amount Raised

$10 Million

Round Type

Series A

CharlestonManufacturingEnergyRenewable Energy

Investors

Rusheen Capital ManagementEvok Innovations

Description

Zero Industrial, a Charleston, SC-based development company, raised $10M in funding. The round was led by Evok Innovations with participation from Rusheen Capital Management. The company intends to use the funds to accelerate the deployment of thermal energy storage projects in North America. Founded in 2024, Zero Industrial focuses on decarbonizing industrial heat through thermal energy storage systems.

Quick answer

Zero Industrial raised $10 Million in a Series A round, dated April 7, 2025. Investors: Rusheen Capital Management and Evok Innovations. Zero Industrial is based in Charleston, South Carolina, United States.

How much did Zero Industrial raise?
Zero Industrial raised $10 Million in a Series A round on April 7, 2025.
Who invested in Zero Industrial?
Rusheen Capital Management and Evok Innovations are named as investors in this round.
What does Zero Industrial do?
Zero Industrial, Inc. is a leading development company that is advancing the deployment of industrial electrification projects using thermal energy storage technologies powered by intermittent or off-peak electricity.
Where is Zero Industrial based and how big is it?
Zero Industrial is based in Charleston, South Carolina, United States. Fundz records about 2 employees.
Who are the decision-makers at Zero Industrial?
Fundz holds 2 contacts at Zero Industrial, including the Chief Commercial Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Zero Industrial that raised within 45 days of this round, from Fundz verified event records.

  • Zenergize raised $2M (Seed) on May 19, 2025.
  • VFlowTech raised $21M (Funding Round) on May 14, 2025.
  • BURN raised $5M (Funding Round) on May 14, 2025.
  • Zeno Power raised $50M (Series B) on May 14, 2025.
  • Alternō raised an undisclosed amount (Series A) on May 13, 2025.
  • Twelve raised $83M (Series C) on May 6, 2025.

Who to call at Zero Industrial, and when

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Company Information

Company

Zero Industrial

Location

Charleston, South Carolina, United States

About

Zero Industrial, Inc. is a leading development company that is advancing the deployment of industrial electrification projects using thermal energy storage technologies powered by intermittent or off-peak electricity. Zero Industrial manages the entire project from development, engineering, financing, electricity procurement and project delivery on behalf of its industrial customers, while offering a fully-financed solution under a Heat-as-a-Service agreement. Their strategy offers customers the opportunity to decarbonize operations without any capital requirements. Zero Industrial is actively seeking industrial customers in North America who are looking to move away from fossil fired heat and steam in favor of a cleaner solution.

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Related People

2 contacts
Verified contactsCharles, Chief Commercial Officer hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Zero Industrial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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