Ion Energy Gets $3.6 Million In Pre-Series A Funding Round
07/01/21, 1:08 AM
Location
mumbaiMoney raised
$3.6 million
Round Type
pre-series a
Bengaluru: Energy-tech startup ION Energy has raised $3.6 million in a pre-Series A funding round led by Amazon’s Climate Pledge Fund, along with participation of Silicon Valley-based Climate Capital, early-stage investor YourNest Venture Capital, Riso Capital, Venture Catalysts and other angel investors.
Company Info
Location
mumbai, maharashtra, india
Additional Info
Founded in 2016, ION Energy’s mission is to Accelerate the Earth's transition to an All-Electric Future. The company builds advanced electronics & software platforms for new energy companies. The company’s flagship product is their Battery Management System (BMS), which enables OEMs/Battery Pack Makers to deploy smart battery systems.
ION supplies to 75+ OEMs across 15 countries including India, France, Spain and the US. Since its inception, it has deployed over 60,000 smart BMS in electric vehicles and stationary storage systems.
In 2019, ION launched Altergo (previously called Edison Analytics), a digital twin platform for battery intelligence. Altergo now manages 700+ MWh of battery storage in the cloud.
For more information, visit www.ionenergy.co.
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