Ionomr Innovations closes USD$20M Series A-4 Financing with broad industry participation
Summary
"We are delighted to receive the financial support of industry players that represent the full spectrum of the hydrogen ecosystem," said Bill Haberlin, CEO of Ionomr Innovations. "The participation of leaders across our industry underscores that Ionomr is delivering proven competitive advantages to our customers and their system users. Ionomrs superior materials can make more efficient, cost-competitive solutions possible, including eliminating expensive precious metal requirements from hydrogen production, CO electrolysis and supporting higher-temperature fuel cell solutions.About Ionomr InnovationsIonomr Innovations is revolutionizing electrochemistry with newly developed ion-exchange membranes and polymers for clean energy. Ionomrs Pemion\xae and Aemion\xae technologies provide cost, performance and sustainability advantages for fuel cells, hydrogen production and carbon capture, use and conversion. Leveraging technology developed at Simon Fraser University, Ionomr was founded in 2018 and employs 51 professionals in Vancouver, Canada and Rochester, USA.