ION Engineering

Boulder, United States Founded: 2008 • Age: 18 yrs
CO2 capture technologies are developed via advanced liquid absorption.
Annual revenue - Latest available
Total funding $70.1M 5 rounds
Employees 13 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About ION Engineering

ION Engineering is a company based in Boulder (United States) founded in 2008 by Alfred Brown. ION Engineering has raised $70.05 million across 5 funding rounds from investors including Chevron, SK Materials and Carbon Direct Capital. The company has 13 employees as of December 31, 2021. ION Engineering offers products and services including Solvent Technology, Bespoke Design Services, and Carbon Capture Systems. ION Engineering operates in a competitive market with competitors including Linde, Aker Carbon Capture, Mantel, Compact Carbon Capture and Carbon Crusher, among others.

  • Headquarter Boulder, United States
  • Employees 13 as on 31 Dec, 2021
  • Founders Alfred Brown
  • Sectors
    Environment
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
    Locked
  • Legal Name Ion Clean Energy
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $70.05 M (USD)

    in 5 rounds

  • Latest Funding Round
    $70 M (USD), Series A

    Mar 29, 2024

  • Investors
    Chevron

    & 4 more

  • Employee Count
    13

    as on Dec 31, 2021

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Products & Services of ION Engineering

ION Engineering offers a comprehensive portfolio of products and services, including Solvent Technology, Bespoke Design Services, and Carbon Capture Systems.

Product name locked
Category locked
Primary

High-efficiency solvent for capturing CO2 from power plants.

Product name locked
Category locked
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Tailored solutions for implementing carbon capture in facilities.

Product name locked
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Integrated systems to reduce greenhouse gas emissions effectively.

People of ION Engineering

Headcount 10-50
Employee Profiles 13
Board Members and Advisors 1
Employee Profiles
People
Steve Hirsh
President And CFO
People
Robin C.
Head Of IT & Security
People
Jennifer Atcheson
SVP Product
People
Phuong Nguyen
Accounting Manager

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Board Members and Advisors
people
Buz Brown
Founder & Executive Chairman

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Funding Insights of ION Engineering

ION Engineering has successfully raised a total of $70.05M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $70 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in ION Engineering

ION Engineering has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Chevron, SK Materials and Carbon Direct Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Carbon Direct Capital is focused on investing in carbon management companies.
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Chevron Corporation is engaged in global energy production and sustainability.
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Industrial gases are produced and supplied for industrial applications.
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Investor details for ION Engineering

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Investments & Acquisitions by ION Engineering

Investments
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Investment portfolio details for ION Engineering

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Financial Statements - ION Engineering

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Detailed financials for ION Engineering

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Ion Engineering Comparisons

ION Engineering Primary company
Description
CO2 capture technologies are developed via advanced liquid a...
Location
Boulder, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
13
As of 2021
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Peer comparison for ION Engineering

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Competitors of ION Engineering

ION Engineering operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Linde, Aker Carbon Capture, Mantel, Compact Carbon Capture and Carbon Crusher, among others.

Company Name Domain Founded year HQ Location Description
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Industrial gases and engineering services are supplied to diverse sectors.
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Modular carbon capture solutions are provided for industrial emitters.
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High-temperature carbon capture materials are developed for industrial applications.
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Provider of carbon capture solutions
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Carbon-negative roads are constructed using biopolymers and recycled materials.
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Detailed competitors of ION Engineering

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Latest news on Ion Engineering

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Complete news archive for ION Engineering

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Frequently Asked Questions about ION Engineering

ION Engineering was founded in 2008 and raised its 1st funding round 1 year after it was founded.

ION Engineering is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Alfred Brown is the current CEO of ION Engineering. They have also founded this company.

ION Engineering is a funded company, having raised a total of $70.05M across 5 funding rounds to date.

As of Dec 31, 2021, the latest employee count at ION Engineering is 13.

ION Engineering was founded in 2008 and is headquartered in Boulder, United States. Technologies for capturing CO2 are developed by the company, relying on advanced liquid absorption methods. Solutions are offered to address emissions in both small-scale and large-scale industrial applications, focusing on the clean energy sector. Operations center on providing practical CO2 management tools for various industries.

ION Engineering's top competitors include Linde, Mantel and Aker Carbon Capture.

ION Engineering offers Solvent Technology, Bespoke Design Services, and Carbon Capture Systems.

ION Engineering has 5 investors. Key investors include Chevron, SK Materials, Carbon Direct Capital, Department of Energy, and OSTI.GOV.

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