Tech Company Financing Transactions
Advanced Ionics Funding Round
Advanced Ionics closed a $6.7 million investment round on 1/8/2025. Backers included Argosy Foundation, BP Ventures and Clean Energy Venture Group.
Transaction Overview
Company Name
Announced On
1/8/2025
Transaction Type
Venture Equity
Amount
$6,700,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to increase the pace of development of its water-vapor electrolyzer technology, as well as build out its manufacturing and research and development facility.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
4201 N 27th St. 2nd Floor
Milwaukee, WI 53216
USA
Milwaukee, WI 53216
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Advanced Ionics, we've created a green hydrogen platform that allows industrial hydrogen producers and users to achieve sustainability, without sacrificing profit. We combine our breakthrough electrolyzer technology with onsite process and waste heat from industrial sites to produce green hydrogen for less than a dollar per kilogram.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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