Fenwick represented 40 North Ventures, an early-to-growth stage venture capital fund focused on technology investments in the industrial sector, in leading ZincFive’s $13.1 million in Series C funding. 40 North Ventures is part of 40 North, a multi-billion-dollar related investment platform of Standard Industries, a leading, privately-held global industrials company with 130 years in the industrial space and more than 180 manufacturing facilities spread across 80 countries and six continents.
ZincFive is a world leader in nickel-zinc batteries and solutions. The growth capital will support ZincFive’s sales channel and new product development as well as the expansion of the company’s manufacturing operations. More information can be obtained from ZincFive’s announcement.
The Fenwick transaction team included corporate partner Ian Goldstein; of counsel Brian Hicks; associates Matthew Holbreich and Jason Parkin; and law clerk Sarah Hill.