Led by Clean Energy Ventures, the investment will pave the way for Advanced Ionics to enable initial pilot projects to be deployed with industrial partners
Advanced Ionics’ breakthrough SymbioticTM Electrolyzer Technology provides green hydrogen without the “green premium” for less than $1/kg, significantly more cost-effective than industry standards
Advanced Ionics, a leading provider of next-generation industrial electrolyzers that can produce hydrogen for less than $1/kg, today announced the closing of its initial financing of $4.2 million led by Clean Energy Ventures, a venture capital firm funding early-stage climate tech innovations, with participation from SWAN Impact Network. By requiring significantly less electricity than other electrolyzers, Advanced Ionics uses low-cost renewables or nuclear energy to produce green hydrogen for less than the current cost of…