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§ Private Profile · Tel Aviv, Israel
zooz is a technology company.
ZOOZ Power develops and deploys kinetic energy storage solutions designed to enable ultra-fast electric vehicle charging where grid infrastructure is insufficient. Its flagship product, the ZOOZTER™-100, leverages proprietary flywheel technology to provide critical power bursts, overcoming grid limitations and enabling multiple chargers to operate simultaneously. This system integrates power boosting, storage, and smart energy optimization to deliver reliable and efficient energy management for charging sites.
The company was established in 2013 by co-founders David Pincu, Nir Zohar, and Ilan Ben David, initially operating under the name Chakratec. Their foundational insight stemmed from the growing challenge of deploying high-speed EV charging stations in locations with constrained grid capacity, recognizing the need for an innovative approach to energy delivery that could bypass costly and time-consuming grid upgrades.
ZOOZ Power serves a diverse clientele including charge point operators, fleet managers, property owners, automotive companies, and utilities. Its long-term vision centers on accelerating the global transition to electric mobility by making ultra-fast EV charging accessible, sustainable, and economically viable across various environments. The company aims to optimize energy usage, reduce operational costs for partners, and improve the overall charging experience for EV drivers.
zooz has raised $40.0M across 4 funding rounds.
zooz has raised $40.0M in total across 4 funding rounds.
Zooz is a technology company specializing in smart home devices built on the Z-Wave wireless protocol. It designs innovative, user-centered smart home products that enable seamless automation and control for homeowners and integrators. Zooz’s products serve smart home users and professionals by providing reliable, secure, and locally controlled smart home solutions that enhance convenience, security, and energy management. The company emphasizes community-driven innovation and strong partnerships with leading smart home platforms to deliver superior user experiences and broad device compatibility[2][4].
Founded in 2010 by Oren Levy, Zooz originated from the team behind The Smartest House, a popular Z-Wave store. The idea emerged from years of listening to smart home users’ feedback, aiming to create products that address real user needs and improve the smart home experience. Early traction came from leveraging deep domain expertise in Z-Wave technology and building devices that are both innovative and reliable, which helped Zooz establish itself as a trusted brand in the smart home ecosystem[2][3].
Zooz rides the growing trend of smart home automation and the increasing demand for secure, interoperable, and locally controlled smart devices. The timing is favorable due to rising consumer interest in privacy-focused home automation and the expansion of Z-Wave technology as a standard supported by major security companies. Zooz’s emphasis on local control and long-range wireless capability positions it well amid market forces favoring decentralized, secure smart home ecosystems. Its partnerships and compatibility with thousands of Z-Wave products enhance its influence in shaping a more integrated and user-centric smart home landscape[4].
Looking ahead, Zooz is likely to continue expanding its product portfolio with enhanced smart home devices leveraging evolving Z-Wave standards and possibly integrating with emerging smart home platforms. Trends such as increased demand for privacy, edge computing, and energy-efficient automation will shape its development. Zooz’s community-driven approach and strong reseller network will support its growth and influence, potentially making it a key player in the next generation of smart home technology focused on security, reliability, and user empowerment[2][4].
zooz has raised $40.0M in total across 4 funding rounds.
zooz's investors include Shmuel Chafets, AfterDox, Bain Capital, Blumberg Capital, Citi Ventures, Company Capital, Earth and beyond ventures, Giza Polish Ventures, Hanaco Ventures, iAngels, MS&AD Ventures, NFX.
zooz has raised $40.0M across 4 funding rounds. Most recently, it raised $24.0M Series C in May 2016.