# Zero Emission Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zero-emission-industries

- Industry: Power & Utilities
- Headquarters: Alameda, US
- Website: www.zeroei.com
- Total disclosed funding: $12M
- Latest round: Series A (Nov 15, 2023)
- Investors on record: 3

## About

Based in California, US, and founded in 2018 by CEO Joseph Pratt, Zero Emission Industries, Inc. f.k.a. Golden Gate Zero Emission Marine Inc., a.k.a. ZEI develops marine-specific turn-key fuel cell power and hydrogen storage systems for maritime applications to enhance their performance as well as minimize carbon footprint. In November 2023, Zero Emission Industries raised USD 8.75 million in series A funding led by returning investor Chevron Technology Ventures, with participation from new investor Galena Asset Management. Returning investor Crowley Maritime Corporation also participated in the round.

The company provides ZEP 250, a complete solution for hydrogen fuel cell power in maritime that can scale from a single 250kW power output to stacked multi-megawatt systems on a single vessel. ZEP 250 is connected to IoT (internet of technology) for remote monitoring and real-time intelligence of the power system and can be used across a wide range of maritime vehicles, including ferries, cruise ships, crew transfer vessels, pilot vessels, yachts, offshore vessels, windfarm vessels, tugboats, push boats, fishing vessels, port equipment, recreational watercraft, and container ships.

Zero Emission Industries plans to use its proceeds from November 2023 funding to boost its power system products and expand its market reach.

## Funding rounds

- Series A, Nov 15, 2023, $8.8M — Chevron Technology Ventures, Galena Asset Management, Crowley Maritime Corporation
- Series A, Aug 26, 2022, $3.7M — Chevron Technology Ventures, Crowley Maritime Corporation

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- Crowley Maritime Corporation — Series A
- Galena Asset Management (https://capitalatlas.ai/funds/galena-asset-management) — Series A