Zero Industrial Inc. reposted this
Tremendously proud to be backing Ted Kniesche and Zero Industrial Inc. as it builds a world-class development company in the industrial heat space. With intermittent renewables accelerating grid instability and price volatility, tech-flexible players who can seize arbitrage opportunities will win big. Zero is assembling the talent and partnerships to lead this shift—and we’re excited to be part of the journey.
Evok Leads $10M Investment in Zero Industrial Inc. We're excited to announce our lead investment in Zero Industrial, a company tackling one of the toughest climate challenges—decarbonizing industrial heat. Zero Industrial develops and finances thermal energy storage (TES)projects that replace fossil fuels with electricity to deliver steam and heat to industrial customers. Their Heat-as-a-Service model means customers can cut emissions and energy costs—with no upfront capital required. Led by Ted Kniesche and Jim McDermott, the team brings deep experience in clean energy, project development, and energy markets. With strong early traction and projects in both the U.S. and Canada, we believe Zero is poised to scale quickly. We’re proud to partner with Rusheen Capital Management, LLC on this round. More at: www.zeroindustrial.energy #EnergyTransition #ClimateTech #CleanHeat #IndustrialDecarbonization #EvokInnovations #ZeroIndustrial
Thanks Naynika Chaubey - excited to be working with you and honored to be part of the Evok Innovations portfolio!
Chief Investment Officer at CLIMATE INVESTMENT (CI)
1wVery excited to see the combination of Naynika Chaubey and Ted Kniesche pursuing industrial decarbonization together!