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.
- Website
- advanced-ionics.com
- 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
35th among 504 active competitors
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:
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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 |
View details of Advanced Ionics's funding rounds and investors
Advanced Ionics' founders and board of directors
Founder? Claim ProfileThe 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:
- Chad Mason: Founder & CEO of Advanced Ionics. Contact Info: 1 email address
View details of Advanced Ionics's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of renewable hydrogen produced through water electrolysis and electricity | $96.9M | 71/100 | ||
2nd | Nel Hydrogen 1927, Oslo (Norway), Acquired | Manufacturer of electrolyser technology for renewable hydrogen production and related services | - | 69/100 | |
3rd | Developer and operator of offshore wind farms and energy assets | - | 68/100 | ||
4th | Heliogen 2013, Pasadena (United States), Acquired | Producer of hydrogen and syngas using sunlight | $111M | 66/100 | |
5th | GeoPura 2019, Newcastle Upon Tyne (United Kingdom), Acquired | Manufacturer of hydrogen power units for clean energy generation systems | $125M | 65/100 | |
6th | Monolith 2012, Lincoln (United States), Series D | Manufacturer of carbon black and hydrogen products for various industrial uses | $593M | 64/100 | |
7th | H3 Dynamics 2015, Singapore (Singapore), Series B | Provides aerial inspection services using drones | $39M | 64/100 | |
8th | Electric Hydrogen 2020, San Carlos (United States), Series C | Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions | $603M | 64/100 | |
9th | Developer of technology for producing hydrogen from water | $180M | 64/100 | ||
10th | Masdar 2006, Abu Dhabi (United Arab Emirates), Seed | Developer of renewable energy projects and low-carbon urban development solutions | - | 64/100 | |
35th | Advanced Ionics 2017, Milwaukee (United States), Series B | Provider of solutions for hydrogen generation | $31.3M | 56/100 |
Looking for more details on Advanced Ionics's competitors? Click here to see the top ones
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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Lummus Technology and Advanced Ionics break ground on electrolyzer pilot plantChemengonline•Dec 16, 2025•Advanced Ionics, Lummus Technology
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Advanced Ionics raises $6.7m and appoints new CEO2 View•Jan 08, 2025•Advanced Ionics, JERA, Lummus Technology, Argosy Foundation and 2 others
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Advanced Ionics secures pilot with Shell GameChanger program to develop low-cost green hydrogenBiofuels Digest•Sep 19, 2024•Advanced Ionics
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Shell Taps Advanced Ionics for Electrolyzer Pilot ProjectHart Energy•Sep 18, 2024•Shell, Advanced Ionics
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BP, Repsol-backed Startup Takes Aim at Lower Hydrogen CostsHart Energy•Jul 31, 2024•BP Ventures, Repsol, Advanced Ionics
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BP leads investment in H2 electrolyzer developer Advanced IonicsOffshore Energy•Aug 15, 2023•Lightsource BP, Advanced Ionics, Clean Energy Ventures, Mitsubishi and 2 others
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