Zero Industrial
Zero Industrial is a Charleston-based project developer that finances, builds, and operates thermal energy storage (TES) systems for industrial manufacturers, delivering decarbonized heat and steam under multi-year Heat-as-a-Service contracts across the U.S. and Canada.
- Company typePrivate
- Founded2024
- HeadquartersCharleston, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Zero Industrial does
Zero Industrial, Inc. is a privately held project developer founded in 2024 and headquartered in Charleston, South Carolina. The company focuses on decarbonizing industrial process heat by developing, financing, and operating thermal energy storage (TES) systems for industrial manufacturers across the U.S. and Canada. It positions itself as a full-scope development partner to industry, providing services spanning project feasibility, equipment selection, engineering and design, permitting, electricity procurement, financing, construction, and long-term operations and maintenance.
The company's core offering is the deployment of thermal energy storage systems that convert low-cost or negative-priced electricity—drawn from intermittent renewable generation and stressed electrical grids—into stored thermal energy for industrial use, displacing on-site fossil-fuel combustion. Rather than manufacturing TES hardware, Zero Industrial maintains relationships with multiple leading commercially-available TES OEMs worldwide and selects/configures the appropriate equipment for each customer's process-heat requirements. It also operates a dedicated electricity procurement program intended to secure the lowest-cost and cleanest power available for each project, and applies proprietary project assessment capabilities to evaluate and prioritize opportunities.
Zero Industrial generates revenue under a Heat-as-a-Service model: it fully finances each project using third-party investment partners, retains asset ownership, and sells heat or steam to industrial customers under long-term recurring contracts, removing the upfront capital requirement for the customer. Its go-to-market is direct enterprise field sales targeting industrial facilities that require heat or steam for manufacturing and processing and seek to reduce both energy cost and carbon intensity. The company raised a $10 million Series A in April 2025 led by Evok Innovations with participation from Rusheen Capital Management, and is currently developing its first projects toward commercial operation.
Zero Industrial firmographics
Firmographics- Name
- Zero Industrial
- Legal name
- Zero Industrial, Inc.
- Website
- https://zeroindustrial.energy
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Zero Industrial is a Charleston-based project developer that finances, builds, and operates thermal energy storage (TES) systems for industrial manufacturers, delivering decarbonized heat and steam under multi-year Heat-as-a-Service contracts across the U.S. and Canada.
- Ownership category
- akta.pro rank
Zero Industrial industry classification
Industry- Product category
- Industrial Decarbonization / Thermal Energy Storage
- NAICS
- Steam and Air-Conditioning Supply (221330), Steam and Air-Conditioning Supply (22133)
- SIC
- Cogeneration Services & Small Power Producers (4991), Steam & Air-Conditioning Supply (4961)
- akta.pro primary industry
- Industrial Process Heat TES (Steam, Kilns, Furnaces, Waste-Heat Coupling) (EUAFANAI)
- akta.pro secondary industries
- Thermal Energy Storage for Industry (Molten Salt, PCM, Steam/Hot Water Storage) (EUABAJAG), TES Systems Integration, Controls & Optimization (TES EMS, Controls, Dispatch) (EUAFANAK)
Keywords
Where Zero Industrial is headquartered
LocationHeadquarters
- HQ city
- Charleston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Zero Industrial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Heat-as-a-Service Contracts: Revenue generated through long-term Heat-as-a-Service agreements where industrial customers pay for heat or steam without upfront capital expenditure. Zero Industrial finances, develops, owns, and operates thermal energy storage systems, selling thermal energy to customers under recurring contractual arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Heat-as-a-Service - Custom project-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Zero Industrial product offering
Product offeringCore offering
Zero Industrial develops, finances, owns, and operates thermal energy storage (TES) projects for industrial customers under long-term Heat-as-a-Service agreements. The company converts low-cost or negatively-priced renewable electricity into stored heat or steam, replacing on-site fossil fuel combustion for manufacturing and processing operations. Its offering bundles end-to-end project development — feasibility, engineering, permitting, electricity procurement, financing, construction, and operations & maintenance — into a single fully-financed contract.
Product overview
Zero Industrial offers a unified thermal energy storage (TES) solution that combines project development services with a Heat-as-a-Service financing model. The core offering consists of developing and financing TES projects for industrial customers, where Zero Industrial manages the complete lifecycle from feasibility through operations. The company provides electricity procurement services to optimize energy costs, and delivers projects under long-term Heat-as-a-Service agreements where customers purchase heat or steam without capital outlay. The portfolio spans projects across North America.
Differentiator
Problem solved
Functional benefit
Products and services
- Thermal Energy Storage (TES) Projects
Quantifiable outcome
- Over 93% lithium extraction rates demonstrated in thermal processing for energy storage applications
Companies that use Zero Industrial
Customer profileSegments1 record
Ideal customer profiles1 record
Zero Industrial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Zero Industrial partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights6 records
Zero Industrial competitors and assessment
Company assessmentDirect peers
- Rondo Energy: Industrial heat battery developer and Heat-as-a-Service provider that replaces fossil-fuel process heat with thermal storage — the closest direct competitor to Zero Industrial in target customer, technology category, and business model.
- Antora Energy: Developer of thermophotovoltaic (TPV) cells combined with thermal storage to deliver zero-carbon industrial heat and electricity under long-term contracts — competes for the same industrial decarbonization customers and HaaS economics.
- 1440: Industrial-scale thermal energy storage developer focused on supplying low-carbon heat and steam to industrial customers, with a Heat-as-a-Service offering directly comparable to Zero Industrial's model.
- Electrified Thermal Solutions (ETS): Developer of electrically-heated thermal storage (Joule Hive™) for industrial process heat decarbonization, pursuing similar industrial customer segments and Heat-as-a-Service commercial structures.
- Brenmiller Energy: Israel-based provider of thermal energy storage systems (bCRUSHER/bTES) for industrial and utility steam and heat applications — competes in the same industrial decarbonization market with similar storage-based heat delivery.
- EnergyNest: Norway-based developer of Thermal Battery technology (HEATCRETE) for industrial heat decarbonization across Europe, the Middle East, and increasingly North America — a comparable industrial TES project developer.
- Malta Inc. Developer of pumped-thermal energy storage that converts excess renewable electricity into long-duration heat (and reconverts to electricity), targeting industrial customers and grid operators — comparable in using cheap renewable power to displace fossil-fueled heat.
- Kraftblock: German manufacturer of high-temperature modular thermal storage (recycled steel slag) marketed to industrial heat users — competes for the same industrial decarbonization customer base with similar heat-from-renewables economics.
Broad incumbents
- Generate Capital: Large infrastructure financier that builds, owns, and operates sustainable infrastructure (including distributed thermal and energy assets) under long-term contracts — competes for both project finance partners and large industrial customers in the same decarbonization space.
Regional players
- Econergy Renewable Energy: Renewable energy developer with industrial-scale solar, storage and decarbonization project development experience — overlapping in the broader industrial clean-energy project development category even though not a pure TES play.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Zero Industrial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zero Industrial leadership team
Management profileNumber of profiles
Profiles4 records
Zero Industrial funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zero Industrial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zero Industrial
What does Zero Industrial do?
Zero Industrial develops, finances, owns, and operates thermal energy storage (TES) projects for industrial customers under long-term Heat-as-a-Service agreements. The company converts low-cost or negatively-priced renewable electricity into stored heat or steam, replacing on-site fossil fuel combustion for manufacturing and processing operations. Its offering bundles end-to-end project development — feasibility, engineering, permitting, electricity procurement, financing, construction, and operations & maintenance — into a single fully-financed contract.
Is Zero Industrial a public or private company?
Zero Industrial is a private company. It is classified as venture growth investor backed and is currently operating.
When was Zero Industrial founded?
Zero Industrial was founded in 2024. It employs 1 to 10 people.
Where is Zero Industrial based?
Zero Industrial is headquartered in Charleston, United States, in the North America region.
How does Zero Industrial make money?
One revenue line is on record: heat-as-a-Service Contracts.
Who are Zero Industrial's main competitors?
Direct peers on record are Rondo Energy, Antora Energy, 1440, Electrified Thermal Solutions (ETS), Brenmiller Energy, EnergyNest, Malta Inc. and Kraftblock. Generate Capital is listed as a broad incumbent. Econergy Renewable Energy is listed as a regional player.
Does Zero Industrial have an API?
No public API is recorded for Zero Industrial.
What industry is Zero Industrial in?
Zero Industrial's product category is Industrial Decarbonization / Thermal Energy Storage. Its primary akta.pro industry code is EUAFANAI, Industrial Process Heat TES (Steam, Kilns, Furnaces, Waste-Heat Coupling), with a secondary code of EUABAJAG, Thermal Energy Storage for Industry (Molten Salt, PCM, Steam/Hot Water Storage). Its NAICS code is 221330 and its SIC code is 4991.