Zeta Energy: Raises $23M in Series A Funding

Zeta Energy Raises $23M in Series A Funding

• Zeta Energy, an Houston TX-based provider of a battery for the electric vehicle and energy storage markets, raised $23M in Series A funding
• The round was led by Moore Strategic Ventures
• The company intends to use the funds to expand its laboratory facility in Houston and further commercialization activities for its battery technology
• ZetaEnergy is developing and commercializing rechargeable batteries that are sustainably manufactured based on advanced lithium sulfur battery technology
• The company has developed a lithium sulfur battery system with both a proprietary cathode and a proprietary anode