About Ion Storage Systems
Ion Storage Systems is a company based in College Park (United States) founded in 2015 by Venkataranam Thangadurai, Greg Hitz, and Eric Wachman. Ion Storage Systems has raised $38 million across 6 funding rounds from investors including Bangchak, Tenaska and University of Maryland. The company has 50 employees as of December 31, 2022. Ion Storage Systems offers products and services including Solid-State Lithium Metal Battery. Ion Storage Systems operates in a competitive market with competitors including QuantumScape, Factorial Energy, Solid Power, VARTA and Cuberg, among others.
- Headquarter College Park, United States
- Employees 50 as on 31 Dec, 2022
- Founders Venkataranam Thangadurai, Greg Hitz, Eric Wachman
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$38 M (USD)
in 6 rounds
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Latest Funding Round
$10 M (USD), Debt – Conventional
Nov 13, 2024
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Investors
Bangchak
& 13 more
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Employee Count
50
as on Dec 31, 2022
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Products & Services of Ion Storage Systems
Ion Storage Systems offers a comprehensive portfolio of products and services, including Solid-State Lithium Metal Battery.
Provides safe, fast-charging batteries with high energy density for tech applications.
People of Ion Storage Systems
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Funding Insights of Ion Storage Systems
Ion Storage Systems has successfully raised a total of $38M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in November 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 Storage Systems
Ion Storage Systems has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Bangchak, Tenaska and University of Maryland.
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Construction startups are accelerated by NOVA through Saint-Gobain's initiatives.
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Venture capital firm and infrastructure firm investing in multiple sectors
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Investor details for Ion Storage Systems
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Investments & Acquisitions by Ion Storage Systems
Investment portfolio details for Ion Storage Systems
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Financial Statements - Ion Storage Systems
Detailed financials for Ion Storage Systems
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Ion Storage Systems Comparisons
Peer comparison for Ion Storage Systems
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Competitors of Ion Storage Systems
Ion Storage Systems 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 QuantumScape, Factorial Energy, Solid Power, VARTA and Cuberg, among others.
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Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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Sustainable solid-state batteries are developed for vehicles and infrastructure.
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Solid-state lithium-ion batteries are developed with solid electrolyte layers.
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Lithium-ion batteries and storage systems are manufactured for diverse applications.
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Lithium-ion batteries are developed using a patented solid electrolyte.
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Manufacturer of thin and flexible lithium-ion batteries
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Detailed competitors of Ion Storage Systems
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Latest news on Ion Storage Systems
Complete news archive for Ion Storage Systems
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Frequently Asked Questions about Ion Storage Systems
Ion Storage Systems was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Ion Storage Systems is headquartered in College Park, United States. It is registered at College Park, Maryland, United States.
Eric Wachman is the current CEO of Ion Storage Systems. They have also founded this company.
Ion Storage Systems is a funded company, having raised a total of $38M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Ion Storage Systems is 50.
Ion Storage Systems was founded in 2015 and is based in College Park, United States. Rechargeable solid-state lithium batteries are produced by the company for use in electric vehicles, defense systems, consumer electronics, aerospace, and related sectors. Operations focus on developing and manufacturing these batteries to support diverse energy storage needs in industrial and commercial settings.
Ion Storage Systems's top competitors include Solid Power, QuantumScape and Factorial Energy.
Ion Storage Systems offers Solid-State Lithium Metal Battery.
Ion Storage Systems has 14 investors. Key investors include Bangchak, Tenaska, University of Maryland, LEONID, and NOVA by Saint-Gobain.