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Advanced Ionics - About the company

Advanced Ionics is a series B company based in Milwaukee (United States), founded in 2017 by Chad Mason. It operates as a Provider of solutions for hydrogen generation. Advanced Ionics has raised $31.3M in funding from BP Ventures and Clean Energy Venture Group. The company has 504 active competitors, including 118 funded and 29 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and Orsted.

Company Details

Provider of solutions for hydrogen generation. It provides electrolyzer modules for industries to generate clean, safe, and low-cost hydrogen.
Email ID
*****@advanced-ionics.com
Key Metrics
Founded Year
2017
Location
Milwaukee, United States
Stage
Series B
Total Funding
$31.3M in 7 rounds
Latest Funding Round
Investors
Ranked
Employee Count
32 as on Jun 30, 2026
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Advanced Ionics's funding and investors

Advanced Ionics has raised a total funding of $31.3M over 7 rounds. Its first funding round was on Dec 09, 2020. Its latest funding round was a Series B round on Jan 08, 2025 for $*****. 5 investors participated in its latest round. Advanced Ionics has 11 institutional investors.

Here is the list of recent funding rounds of Advanced Ionics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 08, 2025
4985055
Series B
9739379
2284186
1273565
6389142
Nov 05, 2024
4606464
Series B
6798884
7350913
1315241
Jul 31, 2023
1831073
Series B
6710028
5204787
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Advanced Ionics' founders and board of directors

Founder? Claim Profile
The founders of Advanced Ionics is Chad Mason. Chad Mason is the CEO of Advanced Ionics.
Here are the details of Advanced Ionics' key team members:

Advanced Ionics' employee count trend

Advanced Ionics has 32 employees as of Jun 26. Here is Advanced Ionics's employee count trend over the years:
Employee count trend for Advanced Ionics
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Advanced Ionics's Competitors and alternates

Top competitors of Advanced Ionics include Lhyfe, Nel Hydrogen and Orsted. Here is the list of Top 10 competitors of Advanced Ionics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lhyfe
Lhyfe
2017, Nantes (France), Public
Manufacturer of renewable hydrogen produced through water electrolysis and electricity
$96.9M
71/100
2nd
Logo for Nel Hydrogen
Nel Hydrogen
1927, Oslo (Norway), Acquired
Manufacturer of electrolyser technology for renewable hydrogen production and related services
-
69/100
3rd
Logo for Orsted
Orsted
2006, Fredericia (Denmark), Acquired
Developer and operator of offshore wind farms and energy assets
-
68/100
4th
Logo for Heliogen
Heliogen
2013, Pasadena (United States), Acquired
Producer of hydrogen and syngas using sunlight
$111M
66/100
5th
Logo for GeoPura
GeoPura
2019, Newcastle Upon Tyne (United Kingdom), Acquired
Manufacturer of hydrogen power units for clean energy generation systems
$125M
65/100
6th
Logo for Monolith
Monolith
2012, Lincoln (United States), Series D
Manufacturer of carbon black and hydrogen products for various industrial uses
$593M
64/100
7th
Logo for H3 Dynamics
H3 Dynamics
2015, Singapore (Singapore), Series B
Provides aerial inspection services using drones
$39M
64/100
8th
Logo for Electric Hydrogen
Electric Hydrogen
2020, San Carlos (United States), Series C
Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions
$603M
64/100
9th
Logo for H2PRO
H2PRO
2019, Caesarea (Israel), Series B
Developer of technology for producing hydrogen from water
$180M
64/100
10th
Logo for Masdar
Masdar
2006, Abu Dhabi (United Arab Emirates), Seed
Developer of renewable energy projects and low-carbon urban development solutions
-
64/100
35th
Logo for Advanced Ionics
Advanced Ionics
2017, Milwaukee (United States), Series B
Provider of solutions for hydrogen generation
$31.3M
56/100
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Advanced Ionics's Investments and acquisitions

Advanced Ionics has made no investments or acquisitions yet.

Reports related to Advanced Ionics

Here is the latest report on Advanced Ionics's sector:

News related to Advanced Ionics

Media has covered Advanced Ionics for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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