Tech Company Financing Transactions
Ionate Funding Round
AlbionVC, Antares Capital and Cycle Group participated in a $17 million Series A funding round for Ionate. The round was announced on 2/5/2025.
Transaction Overview
Company Name
Announced On
2/5/2025
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
AlbionVC (Lead Investor) (David Grimm)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3 Queen Street
Edinburgh, Scotland, EH2 1JE
UK
Edinburgh, Scotland, EH2 1JE
UK
Phone
Undisclosed
Website
Email Address
Overview
IONATE's vision is to create the truly future-proof power grid by revolutionising existing transformer technology: making them digital, smart devices, at a comparable cost and size to existing devices. The nature of electricity demand and supply has changed dramatically. As economies work to achieve net-zero CO2, the decentralisation and decarbonisation of energy accelerates.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Williams
Chief Financial Officer
Roberto Ricci
Co-Founder
Luca Mezossy-Dona
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