Tech Company Financing Transactions
Ion Storage Systems Funding Round
Ion Storage Systems, based in Beltsville, secured $15 million from private investors.
Transaction Overview
Company Name
Announced On
12/13/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to expand production of its sponge-like ceramic batteries. French industrial materials supplier Saint-Gobain is anchoring the round, signaling crucial buy-in from an experienced, European manufacturer.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
12500 Baltimore Avenue Unit D
Beltsville, MD 20705
USA
Beltsville, MD 20705
USA
Phone
Website
Email Address
Overview
WE are a carefully cultivated team of seasoned battery industry geeks who know inside and out how batteries have always been made. We're passionate about power. No, not that kind of power. We know how batteries should work and more importantly, what keeps them from working as well as they could.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ricky Hanna
Chief Financial Officer
Ben Chiu
Chief Technical Officer
Gregory Hitz
Co-Founder
Eric Wachsman
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About Our Venture Capital Transactions Database
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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