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Advanced Ionics
Milwaukee, US · Founded 2017 · Delaware corporation · 10 known investors
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Advanced Ionics develops electrolyzer technology for producing green hydrogen, using its Symbiotic water vapor electrolysis that operates at intermediate temperatures and taps into existing industrial steam to lower electricity and capital costs. It targets industrial customers with hydrogen needs and exothermic processes, aiming to reduce the cost premium of green hydrogen production.
Founders & leadership
Advanced Ionics was founded in 2017 by Chad W. Mason.
Board
Investors · 10
How we know: Aster Capital's portfolio page · Not right? Tell us
How we know: Clean Energy Ventures's portfolio page · funding news · the VCSheet dataset · Not right? Tell us
How we know: GVP Climate's portfolio page · Not right? Tell us
How we know: JERA's portfolio page · funding news · pulse2.com · Not right? Tell us
Also in the syndicate · 3
Funding
SEC filings, press & company announcements$27.6M disclosed across 5 rounds · 2020–2025
- $6.7MraisedJan 2025 · 3 sources
Argosy Foundation, bp Ventures, Clean Energy Venture Group, JERA, Lummus Venture Capital
Source ↗
▶$16.7MraisedNov 2024 · 25 investors · Other EnergyRule 506(b)
- Brett OlsherDirector
- William MurrayExecutive Officer, Director
- Chris SpearsDirector
- Ignacio BincazExecutive Officer
- Chad W. MasonExecutive Officer, Director
- Daniel P. GoldmanDirector
- Offering amount
- $24M
- Amount sold
- $16.7M
- Minimum investment
- $5K
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$525KraisedMay 2023 · 1 investors · Other EnergyRule 506(b)
- Chad W. MasonExecutive Officer, Director
- John BobrowichDirector
- William MurrayExecutive Officer
- Offering amount
- $1M
- Amount sold
- $525K
- First sale
- May 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.9MraisedDec 2021 · 23 investors · Other EnergyRule 506(b)
- Chad W. MasonExecutive Officer, Director
- William MurrayExecutive Officer
- John BobrowichDirector
- Offering amount
- $3M
- Amount sold
- $2.9M
- Minimum investment
- $10K
- First sale
- Nov 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$750KraisedDec 2020 · 10 investors · Other EnergyRule 506(b)
- Chad W. MasonExecutive Officer, Director
- William MurrayExecutive Officer
- John BobrowichDirector
- Offering amount
- $1M
- Amount sold
- $750K
- Minimum investment
- $10K
- First sale
- Dec 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Advanced Ionics went on to found or lead other companies.
Related companies · 4
Companies working in the same space as Advanced Ionics.
Non-dilutive funding · 2 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Energy | Phase I | 2022 | $259.6K |
| Department of Energy | Phase II | 2022 | $240.4K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- What does Advanced Ionics do?
- Advanced Ionics develops electrolyzer technology for producing green hydrogen, using its Symbiotic water vapor electrolysis that operates at intermediate temperatures and taps into existing industrial steam to lower electricity and capital costs. It targets industrial customers with hydrogen needs and exothermic processes, aiming to reduce the cost premium of green hydrogen production.
- Who founded Advanced Ionics?
- Advanced Ionics was founded by Chad W. Mason in 2017.
- Who are Advanced Ionics's investors?
- Advanced Ionics's investors include Aster Capital, Clean Energy Venture, Clean Energy Ventures, GVP Climate, JERA, SWAN Impact Network, bp ventures.
- How much funding has Advanced Ionics raised?
- Advanced Ionics has disclosed $27.6M raised across 5 rounds.
- Where is Advanced Ionics headquartered?
- Advanced Ionics is headquartered in Milwaukee, US.