Zen Electric Raises Capital, Readying for Mass Production
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Halifax’s Zen Electric has raised $1.25 million from Nigerian utility company North South Power as it eyes commercialization of its technology in South Asia.
Zen was originally founded by Ravindra Kempaiah to make electric bicycles under the name Zen Electric Bikes. More recently, the company has pivoted to focus on battery systems.
The North South deal is part of a larger funding raise that