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Venture Capital News: ZEVX Announces $20M+ Financing Round

GILBERT, AZ, ZEVX, the worldwide leader in intelligent EV power system delivery, today announced closing over $20 million in the first tranche of a funding round.
The round was led by Reynolds Capital. In addition, the company announced the appointment of Don Listwin as CEO, Kevin J. Kennedy as Chairman and independent Board member, as well as David L. Shimek and Sidney Haider, of The Reynolds and Reynolds Company, as new Board members.

ZEVX is the worldwide leader in delivering intelligent EV systems powering commercial class 2 to 6 vehicles, power takeoff, reefer refrigeration, and EV infrastructure such as charging stations. ZEVX has a series of battery electric powertrain and power system products that quickly migrate commercial fleet assets to zero carbon. ZEVX has a service mission to support customers through a deep partner network using existing automotive service infrastructure. This provides rapid adoption through our service network to install and deliver advanced data intelligence from fleet asset customers to optimize their carbon transition.
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