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Advanced Ionics

Advanced Ionics

Private
Milwaukee, WisconsinEnergy & Sustainabilityhttps://advanced-ionics.com/

Last Round

VC Round

Jan 8, 2025

Total Funding Raised

$17.2M

Company Overview

Advanced Ionics is an energy production company that develops water-vapor based electrolyzer technology to produce low-cost green hydrogen for heavy industry.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Clean Manufacturing, Smart Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

green hydrogenwater vapor electrolysiselectrolyzerindustrial decarbonizationwaste heat recoverylevelized cost of hydrogenLCOHclean hydrogenhydrogen productionindustrial hydrogenthermal integrationclean techhydrogen economyheavy industry decarbonization

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Caplight Momentum Score

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Advanced Ionics Comps

Public and private peers based on sector, stage, and business model.

Advanced Ionics comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Advanced Ionics Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundJan 8, 2025
StrategicNov 1, 2024
GrantSep 17, 2024
Series AAug 15, 2023
GrantJul 12, 2022
Seed
Apr 28, 2022

Key People

Founding team and executive leadership

Ignacio Bincaz

President and Chief Executive Officer

Executive Team

Advanced Ionics Investors

Notable investors and investment history

Advanced Ionics investors
InvestorRounds
Argosy FoundationVC Round
SWAN Impact NetworkSeries A, Seed
GVP ClimateSeries A
Clean Energy Venture GroupVC Round, Series A
AsterSeries A
BP VenturesVC Round, Series A
US Department of Energy (ARPA-E)Grant

Market signals

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  • Jan 8, 2025

    Ignacio Bincaz named new Chief Executive Officer.

  • Jan 8, 2025

    $7M raised in early funding.

Advanced Ionics Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Advanced Ionics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMilwaukee, Wisconsin
Employee Range32
Year Founded2017
Last FundingJan 8, 2025

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