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Ion Storage Systems Announces $30 Million Series A Funding Round Led By Clear Creek Investments, Volo Earth Ventures, And Alsop Louie Partners

Feb 09, 2022over 3 years ago

Amount Raised

$30 Million

Round Type

series a

Beltsville

Description

Ion Storage Systems (ION) announced the initial closing of its $30 million Series A fundraising round led by Clear Creek Investments, VoLo Earth Ventures, and Alsop Louie Partners. This Series A round builds on the $8 million seed funding round that Alsop Louie Partners led with participation from VoLo Earth Ventures. The Series A round is expected to close by the end of Q1 2022.

Company Information

Company

Ion Storage Systems

Location

Beltsville, Maryland, United States

About

Ion Storage Systems, from its new state of the art HQ and manufacturing facility, creates high energy density, solid state lithium metal batteries that are safer, lighter and enable form factors with tighter packing density that enhance system performance. ION’s nonflammable technology offers safe operation, greater abuse tolerance, and both volume and weight reduction. These advances empower the world’s innovators to redefine what is possible and begin building the products-of-tomorrow today.

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