{"id":36725,"date":"2023-12-07T02:00:00","date_gmt":"2023-12-07T02:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2023\/12\/07\/ionomr-innovations-closes-usd20m-series-a-4-financing-with-broad-industry-participation\/"},"modified":"2023-12-07T08:12:54","modified_gmt":"2023-12-07T08:12:54","slug":"ionomr-innovations-closes-usd20m-series-a-4-financing-with-broad-industry-participation","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2023\/12\/07\/ionomr-innovations-closes-usd20m-series-a-4-financing-with-broad-industry-participation\/","title":{"rendered":"Ionomr Innovations closes USD$20M Series A-4 Financing with Broad Industry Participation"},"content":{"rendered":"<p style=\"text-align: justify;\">\n<div lang=\"en\" style=\"text-align: justify;\">\n<p>VANCOUVER, CA AND ROCHESTER, USA<b> <\/b>&#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 7 December 2023 &#8211; 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.<img loading=\"lazy\" class=\"size-medium wp-image-36726 alignleft\" src=\"https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2023\/12\/ionomr-300x157.jpg\" alt=\"\" width=\"300\" height=\"157\" srcset=\"https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2023\/12\/ionomr-300x157.jpg 300w, https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2023\/12\/ionomr-768x401.jpg 768w, https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2023\/12\/ionomr.jpg 800w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<figure style=\"display: block; width: 100%; margin: 0px; padding: 0px; text-align: center;\" data-width=\"100%\" data-caption=\"Ionomr Innovations\u2019 ion-exchange membranes are manufactured at scale to support wide ranging industrial applications, advancing the green hydrogen economy.\" data-caption-display=\"block\"><noscript><img src=\"https:\/\/images.media-outreach.com\/438511\/ionomr.jpg\" alt=\"Ionomr Innovations\u2019 ion-exchange membranes are manufactured at scale to support wide ranging industrial applications, advancing the green hydrogen economy.\" style=\"width: 100%;margin: 0px\"\/><\/noscript><\/figure>\n<p><i>Ionomr Innovations\u2019 ion-exchange membranes are manufactured at scale to support wide ranging industrial applications, advancing the green hydrogen economy.<\/i><\/p>\n<p>&#8220;We are delighted to receive the financial support of industry players that represent the full spectrum of the hydrogen ecosystem,&#8221; said Bill Haberlin, CEO of Ionomr Innovations. &#8220;The participation of leaders across our industry underscores that Ionomr is delivering proven competitive advantages to our customers and their system users. It reinforces that Ionomr&#8217;s Aemion\u00ae is a viable solution for improving the economics in the hydrogen economy and that Ionomr&#8217;s Pemion\u00ae enables higher-temperature operation, essential for fuel cells in next-generation heavy-duty transportation to succeed, while eliminating toxic &#8220;forever chemicals&#8221;.<\/p>\n<p>Green hydrogen production, hydrogen fuel cells and efficient carbon utilization are critical to reducing emissions in hard-to-decarbonize heavy industries such as steel making, chemical production, long-term seasonal energy storage, heavy-duty transport, aviation and shipping.<\/p>\n<p>The funding will allow Ionomr to further scale its ion exchange membranes and polymers, Aemion\u00ae and Pemion\u00ae, that are fundamental to accelerating the hydrogen economy &#8212; from production of H<sub>2<\/sub> gas and chemicals through electrolysis to efficient use of hydrogen in fuel cells. Ionomr&#8217;s superior materials can make more efficient, cost-competitive solutions possible, including eliminating expensive precious metal requirements from hydrogen production, CO<sub>2<\/sub> electrolysis and supporting higher-temperature fuel cell solutions.<\/p>\n<p><b>Hashtag: <\/b>#Ionomr<\/p>\n<p><em>The issuer is solely responsible for the content of this announcement.<\/em><\/p>\n<p><img loading=\"lazy\" style=\"width: 1px; height: 1px;\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/265870\/4121\" alt=\"\" width=\"1\" height=\"1\" \/><\/p>\n<\/div>\n<p style=\"text-align: justify;\">\n\n<p><a href=\"https:\/\/www.media-outreach.com\/news\/canada\/2023\/12\/07\/265870\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, CA AND ROCHESTER, USA &#8211; Media OutReach Newswire &#8211; 7 December 2023 &#8211; 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 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":36726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/36725"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=36725"}],"version-history":[{"count":1,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/36725\/revisions"}],"predecessor-version":[{"id":36748,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/36725\/revisions\/36748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/36726"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=36725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=36725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=36725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}