Diligence memo · auto-generated · as of July 2, 2026
ZAF Energy Systems, Inc
ZAF Energy Systems, Inc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
ZAF Energy Systems, Inc operates in Energy / Climate, based in JOPLIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ZAF Energy Systems, Inc has raised $26M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $12M on 2018-10-13.
Most recent recorded round closed around 2018-10-13.
Valuation (modeled)modeled
Provath models ZAF Energy Systems, Inc at approximately $155M (range $16M–$841M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.20× the median modeled value of Series A Energy / Climate companies in 2016–2018 (14 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 7.7 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 26.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 88% of Energy / Climate peers (235 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: Aquilon Energy Services, Inc., Gridtential Energy, Inc., HyTech Power, INC., NexGen Power Systems, Inc., Delta Energy & Communications, Inc..
Peoplefiled
22 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.