Ionomr Innovations Closes Usd$20M Series A-4 Financing With Broad Industry Participation
Dec 05, 2023•over 1 year ago
Amount Raised
$20 Million
Round Type
series a
Investors
Saic CapitalSamsung VenturesAsahi KaseiN.V. BekaertFinindusChevron Technology VenturesShell VenturesPallasite VenturesNgif Cleantech Ventures
Description
Ionomr Innovations Inc., developer and manufacturer of breakthrough, foundational polymer and membrane technologies for next-generation hydrogen applications, has closed a US$20 million Series A-4 funding round with returning lead investors NGIF Cleantech Ventures and Pallasite Ventures supported by Shell Ventures, Chevron Technology Ventures and Finindus, and joined by N.V. Bekaert, Asahi Kasei, Samsung Ventures and SAIC Capital.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech