Funding and M&A Roundup: Zero Industrial Raises $10 Million in Series A funding

ACME Solar secures $298.92 million refinancing to cut debt servicing costs

April 9, 2025

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Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation from Rusheen Capital Management. The company plans to use the funding to accelerate the development of its thermal energy storage solutions in North America. Zero Industrial develops industrial decarbonization projects that utilize thermal energy storage solutions and offers its customers project development services.

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