Tech Company Financing Transactions
Ionic Mineral Technologies Funding Round
Ionic Mineral Technologies closed a $29 million Series B funding round on 7/10/2025. Investors included private investors.
Transaction Overview
Company Name
Announced On
7/10/2025
Transaction Type
Venture Equity
Amount
$29,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand its capacity in Provo, accelerating production of two high performance battery materials: Ionisil: A nano-silicon anode material engineered for next-generation electric vehicle (EV) and defense batteries. IonAl: A high-purity boehmite alumina used in battery separators and advanced technical ceramics.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
Undisclosed
Provo, UT Undisclosed
USA
Provo, UT Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
There is a significant unmet market need for nano-silicon to unleash longer-range, faster-charging electric vehicles and a cleaner energy future. Our mission is to push the boundaries of lithium-ion battery range, charging speed and performance with technically superior nano-silicon.
Management Team
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