
About Ionic Materials
Ionic Materials is an Energy & Utilities company based in Woburn (United States) founded in 2012. Solid polymer electrolytes for solid-state batteries are developed. Ionic Materials has raised $65 million across 4 funding rounds from investors including Kleiner Perkins, A123 Systems and Hyundai Cradle. The company has 40 employees. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Components. Its legal entity is IONIC MATERIALS INC. Its competitors include Adden Energy, Ampcera and Safire Technology Group; 3 of its 3 listed competitors have raised funding.
Company details
Ionic Materials was founded in 2012 and is based in Woburn, United States. Operations are centered in the advanced materials sector, where solid polymer electrolytes are created for rechargeable batteries. Traditional liquid electrolytes are replaced by these materials, which enhance battery safety and support higher-performance, lower-cost active components. Simpler and more economical manufacturing processes are enabled as a result. The companys domain, ionicmaterials.com, facilitates its activities in battery technology.
- Headquarters Woburn, United States
- Employees 40
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ionicmaterials.com
- Social LinkedIn X
- Legal Name Ionic Materials Inc.
- Total Equity Funding$65M (USD)
in 4 rounds
- InvestorsKleiner Perkins
& 7 more
- Employee Count40
Funding Insights of Ionic Materials
Ionic Materials has successfully raised a total of $65M across 4 strategic funding rounds. 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.
- Total Funding $65M
- Total Rounds 4
- First Round $3M
(Jun 2016)
- Investors Count 8
All 4 funding rounds of Ionic Materials with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | Series C | – | Hyundai Cradle | – | |
| Apr 2018 | Series C | – | Total | – | |
| Feb 2018 | $65M | Series C | – | – | |
| Jun 2016 | $3M | Grant | – | – |
8 investors in total: 7 institutional and 1 angel.
Investors in Ionic Materials
Ionic Materials has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kleiner Perkins, A123 Systems and Hyundai Cradle.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | cradleinc.com | Tel Aviv, Israel | ||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Investment in energy storage technologies is facilitated by Volta. | volta.vc | Naperville, United States | ||
High-risk energy technologies are funded through competitive grants. | arpa-e.energy.gov | Washington, Dc, United States | ||
TotalEnergies is engaged in producing and marketing various energies. | total.com | Courbevoie, France | ||
| alliancernm.com | ||||
Lithium-ion batteries for automotive and industrial uses are manufactured. | 2001 | a123systems.com | Hangzhou, China | |
BJ Bill Joy | Co-founder of Sun Microsystems, prominent tech investor, and venture capitalist. | unknown_a618ca34f7bf44c2b |
Investor details for Ionic Materials
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Ionic Materials
2 people are tracked at Ionic Materials (1 in leadership, 1 in team); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
Amy Saladin | Executive Assistant To Chief Executive Officer | Leadership |
Keith Smith | Principal Engineer | Team |
Complete people profiles for Ionic Materials
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Timeline of Ionic Materials
3 dated milestones of Ionic Materials across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Ionic Materials is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series C,.
Competitors of Ionic Materials
Ionic Materials has 3 listed competitors in our database, 3 of them funded. They include Adden Energy, Ampcera and Safire Technology Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| addenenergy.com | 2021 | Waltham, United States | $20.15M | Solid-state battery solutions and electrolytes are provided through advanced algorithms. | ||
| ampcera.com | 2017 | Milpitas, United States | $15M | Solid-state electrolyte materials for lithium batteries are developed. | ||
| safire.co | 2020 | Mclean, United States | $10.91M | 3 | Hybrid-state shear thickening battery safety technology is developed. |
Detailed competitors of Ionic Materials
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Top companies in Energy Storage Systems
3 companies that operate in the same segment as Ionic Materials (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about Ionic Materials
Ionic Materials was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Ionic Materials is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
Ionic Materials is a funded company, having raised a total of $65M across 4 funding rounds to date. The company's 1st funding round was a Grant of $3M, raised on Jun 2016.
Ionic Materials has 40 employees.
Ionic Materials was founded in 2012 and is based in Woburn, United States. Operations are centered in the advanced materials sector, where solid polymer electrolytes are created for rechargeable batteries. Traditional liquid electrolytes are replaced by these materials, which enhance battery safety and support higher-performance, lower-cost active components. Simpler and more economical manufacturing processes are enabled as a result. The companys domain, ionicmaterials.com, facilitates its activities in battery technology.
Ionic Materials's top competitors include Adden Energy, Ampcera and Safire Technology Group.
Ionic Materials has 8 investors. Key investors include Kleiner Perkins, A123 Systems, Hyundai Cradle, TotalEnergies, and Bill Joy.
Ionic Materials operates through Ionic Materials Inc..
