# Ionomr Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ionomr-innovations

- Industry: Power & Utilities
- Headquarters: Vancouver, Canada
- Website: www.ionomr.com/
- Total disclosed funding: $36M
- Latest round: Series A (Dec 5, 2023)
- Investors on record: 10

## About

Ionomr Innovations Inc. is a Canadian company that focuses on developing advanced ion-exchange membranes and polymer solutions for clean technology applications including fuel cells and hydrogen production.Founded in 2015 in Vancouver, Canada, Ionomr Innovations Inc. specializes in ion-exchange membranes and polymer technologies. The firm has completed a total of 4 deals, with its most recent funding round being a Series A in December 2023, raising USD 20.00 mn from investors including NGIF and Pallasite Ventures. The company was founded by Tim Peckham, who has a background in clean technology innovations.Ionomr Innovations Inc. specializes in the development and marketing of advanced ion-exchange membranes and polymer solutions tailored for clean technology applications, including fuel cells and hydrogen production. Their flagship products, Aemion™ and Pemion™, enhance performance in hydrogen generation and fuel cell applications, targeting customers in North America, Europe, and Asia.Ionomr generates revenue through business-to-business partnerships, primarily from sales of its proprietary membranes and polymers, including Aemion™ and Pemion™. Revenue is derived from direct sales agreements and long-term supply contracts tailored to client needs in hydrogen production and fuel cell applications, with pricing structures based on project scale and requirements.Following its Series A funding round on December 5, 2023, where Ionomr Innovations Inc. raised USD 20.00 mn, the company plans to utilize this capital to scale its ion-exchange membranes and polymers, Aemion® and Pemion®. The firm aims to expand its presence in new markets, focusing on increasing its footprint in North America and Europe by 2025.

## Funding rounds

- Series A, Dec 5, 2023, $20M — Chevron Technology Ventures, NV Bekaert SA, Samsung Venture Investment, Shell Ventures, Finindus, Pallasite Ventures, SAIC Capital, Asahi Kasei Corporate Venture Capital, NGIF
- Series A, Jan 19, 2022, $15M — Chevron Technology Ventures, Shell Ventures, Finindus, Pallasite Ventures, NGIF
- Seed, Apr 24, 2017, $1.3M — Pyfera Growth Capital

## Investors

- Pyfera Growth Capital (https://capitalatlas.ai/funds/pyfera-growth-capital) — Seed
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
- Finindus (https://capitalatlas.ai/funds/finindus) — Series A
- Pallasite Ventures (https://capitalatlas.ai/funds/pallasite-ventures) — Series A
- NGIF — Series A
- NV Bekaert SA — Series A
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series A
- Asahi Kasei Corporate Venture Capital — Series A