Diligence memo · auto-generated · as of July 2, 2026
Zeno Power Systems, Inc.
Zeno Power Systems, Inc. has raised $54M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Zeno Power Systems, Inc. operates in Energy / Climate, based in Seattle.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Zeno Power Systems, Inc. has raised $54M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $54M on 2025-01-21.
Most recent recorded round closed around 2025-01-21.
Valuation (modeled)modeled
Provath models Zeno Power Systems, Inc. at approximately $337M (range $193M–$474M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 17 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 94% of Energy / Climate peers (235 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Antora Energy, Inc., Meritum Energy Holdings, LP.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.