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Share this article Share this article TORONTO, Jan. 18, 2021 /PRNewswire/ - e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion batteries, enabling the technology to economically deliver energy over a period of multiple days. This low-cost, flexible, and long-duration energy storage solution will enable the world s energy markets to be fully powered by renewable energy. ....
BIG DEAL: e-Zinc to accelerate commercialization of its breakthrough energy storage technology TORONTO, Jan. 18, 2021 - e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion batteries, enabling the technology to economically deliver energy over a period of multiple days. This low-cost, flexible, and long-duration energy storage solution will enable the world s energy markets to be fully powered by renewable energy. ....
Today in Funding: Tokens.com, e-Zinc Two Canadian startups, Tokens.com and e-Zinc, have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised, how much, from whom, and what they’ll be putting the new funds toward. Tokens.com raises $2.17 million CAD in seed financing round Toronto-based digital asset transaction startup Tokens.com has raised $1.7 million USD ($2.17 million CAD) in its seed financing round. The round closed on December 17. Kiguel noted that Tokens.com has also initiated the process to be publicly listed in 2021.
The startup claims that due to interest from investors it increased its original goal of raising $1 million USD to $1.7 million USD. Investors include 30 institutions and individuals, including Bitbuy Limited, First Block Capital, HIVE Blockchain, Bloq co-founder and chairman Matthew Roszak, and Polychain Capital founder and CEO Olaf Carlson-Wee. A spokesperson for Toke ....