Tech Company Financing Transactions
Advanced Ionics Funding Round
BP Ventures, Clean Energy Ventures and GVP Climate participated in a $12.5 million Series A venture round for Advanced Ionics. The round closed on 8/15/2023.
Transaction Overview
Company Name
Announced On
8/15/2023
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to to expand its team, and accelerate growth and deployment of its Symbion� electrolyzer technology for heavy industry, and deliver it to early customers.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chad Mason
VP - Engineering
Katharina Loden
VP - R & D
William Murray
Browse more venture capital transactions:
Prev: 8/15/2023: Sensera Systems venture capital transaction
Next: 8/15/2023: VBA venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs