About Ionworks
Ionworks is an Energy & Utilities company based in Pittsburgh (United States) founded in 2023 by Valentin Sulzer, Robert Timms, Venkat Viswanathan, and Ferran Brosa Planella. Virtual prototyping suites are developed for battery design and research. Ionworks has raised $500 thousand across 1 funding round from investors including Y Combinator. Its chief executive, as recorded, is Valentin Sulzer. Ionworks offers products and services including Battery Simulation Platform and Battery Cycler Simulator. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Battery Design Software. Its legal entity is Ionworks Technologies Inc.
Company details
Ionworks was founded in 2023 in Pittsburgh, United States, within the battery technology sector. Virtual prototyping tools are offered to support research and development efforts for batteries. These suites are employed by battery and automotive companies to streamline product development workflows. Operations focus on simulation-based design processes to aid innovation in energy storage solutions.
- Headquarters Pittsburgh, United States
- Founders Valentin Sulzer, Robert Timms, Venkat Viswanathan, Ferran Brosa Planella
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ionworks.com
- Social LinkedIn X
- Legal Name Ionworks Technologies Inc.
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Jun 2024
- Investors
Products & Services of Ionworks
Ionworks offers a comprehensive portfolio of products and services, including Battery Simulation Platform and Battery Cycler Simulator.
Enables virtual testing of battery designs and scenarios.
Verifies cycler protocols to avoid costly physical experiments.
Funding Insights of Ionworks
Ionworks has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 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.
- Total Funding $499,998
- Total Rounds 1
- Last Round Seed — $499,998
- First Round $499,998
(Jun 2024)
- Investors Count 1
All 1 funding rounds of Ionworks 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 |
|---|---|---|---|---|---|
| Jun 2024 | $499,998 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Ionworks
Ionworks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Ionworks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ionworks
4 people are tracked at Ionworks (4 in leadership).
| Name | Role | Group |
|---|---|---|
Valentin Sulzer | Co-Founder & CEO | Leadership |
Robert Timms | Co-Founder & CTO | Leadership |
Venkat Viswanathan | Co-Founder | Leadership |
Ferran Brosa Planella | Co-Founder | Leadership |
Complete people profiles for Ionworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Ionworks
2 dated milestones of Ionworks across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Ionworks is founded.
- Funding First funding round of $500K.
Web traffic of Ionworks
The website of Ionworks (ionworks.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 133.3% vs previous month
Top companies in Energy Storage Systems
3 companies that operate in the same segment as Ionworks (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
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|---|---|---|---|---|---|---|
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 Ionworks
Ionworks was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Ionworks is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Valentin Sulzer is the CEO of Ionworks, as recorded in our data. They have also founded this company.
Ionworks is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 2024.
Ionworks was founded in 2023 in Pittsburgh, United States, within the battery technology sector. Virtual prototyping tools are offered to support research and development efforts for batteries. These suites are employed by battery and automotive companies to streamline product development workflows. Operations focus on simulation-based design processes to aid innovation in energy storage solutions.
Ionworks offers Battery Simulation Platform and Battery Cycler Simulator.
Ionworks has 1 investor. Key investors include Y Combinator.
Ionworks operates through Ionworks Technologies Inc..