Bp Leads $12.5 Million Series A Investment In Low-Cost Hydrogen Electrolyzer Innovator, Advanced Ionics
Amount Raised
$12.5 Million
Round Type
Series A
Investors
Description
Advanced Ionics, the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5 million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, GVP Climate, and Mitsubishi Heavy Industries.
Quick answer
Advanced Ionics raised $12.5 Million in a Series A round, dated August 15, 2023. Investors: Mitsubishi Heavy Industries, GVP Climate, Clean Energy Ventures and Bp Ventures. Advanced Ionics is based in Milwaukee, Wisconsin, United States.
- How much did Advanced Ionics raise?
- Advanced Ionics raised $12.5 Million in a Series A round on August 15, 2023.
- Who invested in Advanced Ionics?
- Mitsubishi Heavy Industries, GVP Climate, Clean Energy Ventures and Bp Ventures are named as investors in this round.
- What does Advanced Ionics do?
- Advanced Ionics is redefining the future of industrial hydrogen with innovative solutions that remove the "green premium" traditionally associated with green hydrogen production.
- Where is Advanced Ionics based and how big is it?
- Advanced Ionics is based in Milwaukee, Wisconsin, United States. Fundz records about 20 employees.
- Who are the decision-makers at Advanced Ionics?
- Fundz holds 2 contacts at Advanced Ionics, including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy around the same time
Companies in the same sectors as Advanced Ionics that raised within 45 days of this round, from Fundz verified event records.
- Copper Quest Exploration raised $9K on September 29, 2023.
- Sunrun Inc. raised $253M (Funding Round) on September 28, 2023.
- Urban Sky raised $9.7M on September 27, 2023.
- BKV Corporation raised $150M on September 26, 2023.
- Elevation Home Energy Solutions, Inc. raised $20M (Convertible Note) on September 25, 2023.
- Oneka Technologies raised $9.3M (Series A) on September 25, 2023.
Who to call at Advanced Ionics, and when
A new round usually means Advanced Ionics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Advanced Ionics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Advanced Ionics, from your own LinkedIn network
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Funding Insights
What this usually meansAdvanced Ionics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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