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Energy Storage

ZAF raises $22 million for NiZn batteries

by Melody M. Bomgardner
May 8, 2020 | A version of this story appeared in Volume 98, Issue 18
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This image shows a wall of servers in a large-scale data center.
Credit: ZAF Energy Systems
ZAF says NiZn batteries are ideal for powering large data centers.

Missouri-based ZAF Energy Systems has raised $22 million in a first round of funding from Élevage Capital Management, Catalus Capital, and others to speed commercialization of its nickel-zinc battery technology and expand manufacturing. NiZn batteries are a replacement for lead-acid batteries in markets such as data storage, telecommunications, health care, and commercial trucking. The chemistry provides high-power, affordable, and environmentally friendly energy storage, ZAF says.

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