Funding round
Zenobē Growth
Reported as "Growth Equity"
Zenobē, which works in battery storage solutions development in London, raised $33M in a Growth round announced on 19 Feb 2019, led by Jera Capital and Tokyo Electric Power Company (Tepco). 2 firms took part.
$33M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Zenobē did not disclose a valuation in this round. It is Zenobē's first venture round on record, 2 years after it was founded in 2017. No later venture round is on record for Zenobē.
Zenobē's funding rounds
This is the only venture round on record for Zenobē.
- Growth this round 19 Feb 2019, led by Jera Capital and Tokyo Electric Power Company (Tepco) $33M
- Debt not a venture round 1 Feb 2023 $290M
- Debt not a venture round 22 May 2024 $307M
Investors
Who put money in
Jera Capital and Tokyo Electric Power Company (Tepco) led the round.
Lead investors
- backs 2 venture-backed companies new investor
- Tokyo Electric Power Company (Tepco) new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion.
- Geographic expansion
Comparable rounds
How it compares
The closest in time: 1 in Batteries, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Batteries | 4 May 2019 | $32M | not disclosed | not named |
| Guazi Used Car Automobile Dealers & Manufacturers | 28 Feb 2019 | $1.50B | $9.00B | SoftBank Vision Fund |
| Codemasters Video Games - Development & Publishing | 21 Feb 2019 | $1.23B | not disclosed | not named |
| Flexport Trucking and Logistics | 21 Feb 2019 | $1.00B | $3.20B | SoftBank Vision Fund |
| Nuro Tech Companies | 11 Feb 2019 | $940M | $2.70B | SoftBank Vision Fund |
| Psychologists & Counseling Services | 6 Feb 2019 | $300M | not disclosed | TPG |
| Tech Companies | 11 Feb 2019 | $200M | not disclosed | K1 Investment Management |
| Real Estate Rental | 11 Feb 2019 | $200M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Zenobē raise in its Growth round?
Zenobē raised $33M in its Growth round, announced in Feb 2019.
Who led Zenobē's Growth round?
Jera Capital and Tokyo Electric Power Company (Tepco) led it.
What was Zenobē's valuation at the Growth round?
It was not disclosed.