Ionic Materials

Woburn, United States Founded: 2012 • Age: 14 yrs
Solid polymer electrolytes for solid-state batteries are developed.

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
  • Sectors
    Energy & Utilities
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ionicmaterials.com
  • Social LinkedIn X
  • Legal Name Ionic Materials Inc.
Key Metrics
  • Total Equity Funding
    $65M (USD)

    in 4 rounds

  • Investors
  • Employee Count
    40

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2018Series C–Hyundai Cradle
–
Apr 2018Series C–Total
–
Feb 2018$65MSeries C––
Jun 2016$3MGrant––
Valuation history

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on multiple sectors
cradleinc.comTel Aviv, Israel
Venture capital firm investing in early-stage tech startups
1972kleinerperkins.comMenlo Park, United States
Investment in energy storage technologies is facilitated by Volta.
volta.vcNaperville, United States
High-risk energy technologies are funded through competitive grants.
arpa-e.energy.govWashington, Dc, United States
TotalEnergies is engaged in producing and marketing various energies.
total.comCourbevoie, France
alliancernm.com
Lithium-ion batteries for automotive and industrial uses are manufactured.
2001a123systems.comHangzhou, China

Bill Joy

Co-founder of Sun Microsystems, prominent tech investor, and venture capitalist.
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Investor details for Ionic Materials

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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.

NameRoleGroup
Amy Saladin
Executive Assistant To Chief Executive OfficerLeadership
Keith Smith
Principal EngineerTeam
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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.

  1. Founded Ionic Materials is founded.
  2. Funding First funding round of $3.0M.
  3. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
addenenergy.com2021Waltham, United States$20.15M
Solid-state battery solutions and electrolytes are provided through advanced algorithms.
ampcera.com2017Milpitas, United States$15M
Solid-state electrolyte materials for lithium batteries are developed.
safire.co2020Mclean, United States$10.91M3
Hybrid-state shear thickening battery safety technology is developed.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 2 B902
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Related news about Ionic Materials

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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..

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