ZOOZ Power

Company Overview

Snapshot

Founded in April 2013 by Nir Zohar, David Pincu, and Ilan Ben-David, ZOOZ Power operates with 11–50 employees. The company has raised over $254.99 million across 11 funding rounds from 15 investors. In April 2024, ZOOZ Power became publicly traded on NASDAQ through a business combination with Keyarch Acquisition Corporation.

Business overview

ZOOZ Power develops ultra-fast power storage solutions specifically for electric vehicle (EV) charging infrastructure, operating within the Energy Tech sector. Its core product, the ZOOZTER™-100, is a kinetic energy storage system utilizing flywheel technology, offering a sustainable and durable alternative to traditional chemical batteries. This technology enables 15-minute ultra-fast charging even in areas with weak power grids, serving markets such as charge point operators, property owners, fleets, and utilities by avoiding expensive grid upgrades and supporting rapid EV adoption.

Strategic signal

In late 2025, ZOOZ Power expanded its business model to become a Bitcoin treasury pioneer, holding over 1,000 Bitcoin as a core financial asset. This strategic pivot, alongside scaling its infrastructure presence in the US and Germany, signals a bold move into digital assets for a dual-listed company on NASDAQ and the Tel Aviv Stock Exchange, potentially diversifying revenue streams and investor appeal beyond its core energy storage business.

Company Intelligence Q&A

What was a significant financial event for ZOOZ Power in April 2024?

In April 2024, ZOOZ Power became publicly traded on NASDAQ through a business combination with Keyarch Acquisition Corporation.

What was ZOOZ Power's financial performance in 2024?

ZOOZ Power reported a US$1.09 loss per share for the full year 2024, an improvement from a US$2.33 loss in FY 2023.

What strategic move did ZOOZ Power make regarding its treasury in October 2025?

In October 2025, ZOOZ Power expanded its Bitcoin treasury, acquiring an additional 94 Bitcoin at an average price of $112, bringing its total holdings to 1,036 Bitcoin.

What new market did ZOOZ Power enter in March 2025?

In March 2025, ZOOZ Power announced a strategic entry into the Chinese EV market, with a leading charge point operator in China installing ZOOZ Power’s Boosting System.

What partnership did ZOOZ Power establish in May 2024 to boost EV charging infrastructure in Israel?

In May 2024, ZOOZ Power partnered with Dor-Alon, a leading gas-station network operator in Israel, and “ON”, a leading charging network, to enhance ultra-fast charging infrastructure along the Cross-Israel Highway.