HomeLoansIonomr Innovations closes Series A-4 financing

Ionomr Innovations closes Series A-4 financing

Ionomr Innovations’ ion-exchange membranes are manufactured at scale to support wide ranging industrial applications, advancing the green hydrogen economy. (CNW Group/Ionomr Innovations Inc.)

VANCOUVER and ROCHESTER — Ionomr Innovations Inc., developer and manufacturer of polymer and membrane technologies for hydrogen applications, has closed a US$20 million Series A-4 funding round with returning lead investors NGIF Cleantech Ventures and Pallasite Ventures supported by Shell Ventures, Chevron Technology Ventures and Finindus, and joined by N.V. Bekaert, Asahi Kasei, Samsung Ventures and SAIC Capital.

“We are delighted to receive the financial support of industry players that represent the full spectrum of the hydrogen ecosystem,” said Bill Haberlin, CEO of Ionomr Innovations. “The participation of leaders across our industry underscores that Ionomr is…

Read more at www.canadianmanufacturing.com

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