# Zincovery Process Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zincovery-process-technologies

- Industry: Environmental Services
- Headquarters: Christchurch, New Zealand
- Website: www.zincovery.com/
- Total disclosed funding: $9.1M
- Latest round: Seed (Aug 22, 2024)
- Investors on record: 4

## About

Based in Auckland, New Zealand, and founded in 2020, Zincovery Process Technologies Limited operates as a decarbonizing zinc recycling company. In October 2022, the firm raised NZD 3 million in venture funding led by investors Icehouse, K1W1, the Climate Venture Capital Fund, and Outset Capital.

The company offers an alternative method to traditional zinc recycling to address the environmental challenges posed by traditional methods. Zincovery offers a low-temperature reactor technology that transforms zinc ferrite compounds into a more digestible form, allowing for efficient recovery through electrowinning. The result is a 75% reduction in emissions compared to conventional methods, and the zinc produced is of high purity (>99.995%) when scaled commercially. The company’s technology, as of November 2023, is in the developmental phase with a pilot plant under construction.

## Funding rounds

- Seed, Aug 22, 2024, $9.1M — Investible, Icehouse Ventures, Motion Capital, Outset Ventures

## Investors

- Investible (https://capitalatlas.ai/funds/investible) — Seed
- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Seed
- Motion Capital (https://capitalatlas.ai/funds/motion-capital) — Seed
- Outset Ventures (https://capitalatlas.ai/funds/outset-ventures) — Seed