When was Zeno founded?

Zeno was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Zeno located?

Zeno is headquartered in Bengaluru, India. It is registered at No 28 18th cross 9th Main, 7th sector HSR Layout, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102.

Who is the current CEO of Zeno?

Michael mc carthy Spencer of Zeno. They have also founded 1 company.

Which legal entities is Zeno associated with?

Zeno is associated with ZENO MOTO INDIA PRIVATE LIMITED.

How many employees does Zeno have?

As of Aug 31, 2025, Zeno has 19 employees, reflecting a 47% year-over-year growth in headcount.

Is Zeno a funded company?

Zeno is a funded company, having raised a total of $30M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 24, 2024.

How much is Zeno worth?

The latest valuation of Zeno is ₹***** as of Mar 15, 2025.

When was the latest funding round of Zeno?

Zeno's latest funding was a $***** Conventional Debt round on Mar 05, 2026, with participation from 2 investors. Its primary sector is Electric Vehicles. In India, the Electric Vehicles sector has seen $878M in funding in 2026 to date.

What is the annual revenue of Zeno?

Annual revenue of Zeno is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Zeno rank among its competitors?

Zeno ranks 4th amongst 29 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Battery Smart, which secured $13M in Jul, 2026.

Who are the top competitors of Zeno?

Zeno's top competitors include Battery Smart, SUN Mobility and Mooving. Among them, Battery Smart secured the most recent funding round in July, 2026.

Zeno - 2026 Company Profile, Team, Funding, Competitors & Financials

Zeno is a series A company based in Bengaluru (India), founded in 2022 by Michael mc carthy Spencer, Alastair Sussock, Kenneth Micah and Jake Butynski. It operates as a Provider of high-performance electric mobility solutions. Zeno has raised $30M in funding from investors like Trifecta Capital, Congruent Ventures and Toyota Ventures, with a current valuation of ₹*****. The company has 29 active competitors, including 13 funded and 1 that has exited. Its top competitors include companies like Battery Smart, SUN Mobility and Mooving.

Company Details

Provider of high-performance electric mobility solutions. It delivers strong peak power with high top speed, conquers steep slopes under full load with impressive capacity, and offers ample real - world range across various ride modes—including a unique tractor mode for heavy hauls. It tackles city streets and rough tracks with solid ground clearance, dual disc brakes, and a long bench seat for passengers. It offer features such as gradeability, multiple ride modes, and storage options. The business model includes options for full ownership, subscription, and pay-as-you-go plans.

Website: zeno.earth
Email ID: *****@zeno.earth
Phone Number: +254 **********
Registered Address: No 28 18th cross 9th Main, 7th sector HSR Layout, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102

Key Metrics

Founded Year

2022

Location

Bengaluru, India

Stage

Series A

Total Funding

$30M in 5 rounds

Latest Funding Round

Conventional Debt, Mar 05, 2026, $*****

Post Money Valuation

₹***** as on Mar 15, 2025

Investors

Trifecta Capital & 13 more

Ranked

4^th among 29 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

19 as on Aug 31, 2025

Similar Companies

Bijliride & 38 more

View Zeno's full profile

Zeno is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ZENO MOTO INDIA PRIVATE LIMITED CIN: U30911KA2024FTC185896 , India, Active	Mar 07, 2024	₹10 - ₹50 Cr (As on Mar 31, 2025)	45 (As on May 01, 2026)

Zeno has raised a total funding of $30M over 5 rounds. Its first funding round was on Sep 24, 2024. Its latest funding round was a Conventional Debt round on Mar 05, 2026 for $*****. 2 investors participated in its latest round. Zeno has 14 institutional investors.

Here is the list of recent funding rounds of Zeno:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 05, 2026	5876316	Conventional Debt	2236017	7403484	6076297	9310511
Mar 05, 2026	6341463	Series A	4826093	4956025	8278521	Active Impact Investments & 1 more
Jan 07, 2026	9083612	Seed	1652848	3066068	2125745	We Founder Circle

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View details of Zeno's funding rounds and investors

The founders of Zeno are Michael mc carthy Spencer, Alastair Sussock, Kenneth Micah and Jake Butynski. Michael mc carthy Spencer is the CEO of Zeno.

Here are the details of Zeno's key team members:

Michael mc carthy Spencer: Co-Founder & CEO of Zeno. They serve on the board of 1 company.
Contact Info: 1 email address
Alastair Sussock: Co-Founder of Zeno.
Contact Info: 1 email address
Kenneth Micah: Co-Founder of Zeno.
Contact Info: 1 email address
Jake Butynski: Co-Founder & Director Of Product of Zeno.
Contact Info: 1 email address

Zeno's Board of Directors

Zeno's board has 2 active members. Michael mc carthy Spencer is part of team and Krishnamurthy Hegde is independent board member.

Here is the list of Zeno's board of directors:

Name	Type	Representing	Status	Duration
Michael mc carthy Spencer	Team	-	Current	2y 5m
Krishnamurthy Hegde	Independent board member	-	Current	0y 8m

View details of Zeno's Founder profiles and Board Members

Zeno's employee count trend

Zeno has 19 employees as of Aug 25. The total employee count is 46.0% more than what it was in Aug 24. Here is Zeno's employee count trend over the years:

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Top competitors of Zeno include Battery Smart, SUN Mobility and Mooving. Here is the list of Top 10 competitors of Zeno, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Battery Smart 2019, Delhi (India), Series B	Chains providing battery swapping services for electric two three wheelers	$157M	Tiger Global Management, LeapFrog Investments ... & 49 others	74/100
2nd	SUN Mobility 2017, Bengaluru (India), Series B	Network providing battery swapping infrastructure for electric vehicle fleet operators	$135M	Bosch, Br Dhawan & 27 others	71/100
3rd	Mooving 2020, Gurugram (India), Seed	Network providing battery swapping and leasing for electric vehicle fleets	$15M	-	64/100
4th	Zeno 2022, Bengaluru (India), Series A	Provider of high-performance electric mobility solutions	$30M	Trifecta Capital, Congruent Ventures & 12 others	60/100
5th	Bijliride 2020, Hyderabad (India), Seed	Operator of electric vehicle rental services with battery swapping infrastructure	$243K	K C D R Advisory, T-Hub & 8 others	59/100
6th	VoltUp 2019, Pune (India), Seed	Provider of battery swapping for electric two- and three-wheelers to support urban mobility	$18M	EM Impact Capital, HDFC Bank & 3 others	53/100
7th	Yuma Energy 2023, Bengaluru (India), Unfunded	Provider of battery-swapping infrastructure and services for electric vehicles	-	-	51/100
8th	Indofast Energy 2024, Bengaluru (India), Unfunded	Battery swapping network for electric vehicles	-	-	48/100
9th	Swapp Design 2022, Bengaluru (India), Seed	Battery swapping solutions for EV charging station operators	$199K	Mukesh Sharma Family Trust, Seafund & 4 others	42/100
10th	MAGIC 2019, Bengaluru (India), Seed	EV battery swapping solutions for charging stations	$80K	D.M. Metalloys, BizdateUp & 8 others	41/100