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ION Clean Energy raised $45 million in a funding round led by Chevron New Energies and Carbon Direct Capital to fund organizational growth and commercial deployment of its carbon capture technology.

PRIVATEApr 04, 2024

Amount Raised

$45 Million

Round Type

Funding Round

BoulderEnergyRenewable Energy

Investors

Carbon Direct CapitalChevron New Energies

Description

ION Clean Energy (ION) has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the round, and Carbon Direct Capital. The capital raised will continue to fund ION’s organizational growth and commercial deployment of its ICE-31 liquid amine carbon capture technology for hard-to-abate emissions.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as ION Clean Energy that raised within 45 days of this round, from Fundz verified event records.

  • Companion.energy raised $2.3M (Seed) on May 17, 2024.
  • Caeli Wind raised $12M (Series A) on May 16, 2024.
  • Matel raised $4M (Seed) on May 16, 2024.
  • trawa raised $11M (Seed) on May 15, 2024.
  • Piersica raised an undisclosed amount (Grant) on May 13, 2024.
  • i2Cool raised $13M (Series A) on May 13, 2024.

Who to call at ION Clean Energy, and when

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Company Information

Company

ION Clean Energy

Location

Boulder, Colorado, United States

About

ION is a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. The company is a worldwide leader in carbon dioxide capture technologies that reduce overall costs and make CO2 capture a more viable option for hard-to-abate emissions. Most significantly, ION’s technology can capture more than 95% of CO2 emissions with extremely low emissions, unprecedented solvent stability, and low energy requirements.

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ION Clean Energy 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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