Advanced Ionics
Milwaukee, US · Founded 2017 · Delaware corporation · 6 known investors
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.
CleantechClimate TechEnergy
Founders & leadership
Advanced Ionics was founded in 2017 by Chad W. Mason.
CW
Chad W. MasonPresident and CEO
WM
William MurrayVice President
Board
JB
Investors · 6
Reported raises · per SEC filings
Form D private placements$20.9M disclosed across 4 rounds · 2020–2023
▶$16.7MraisedNov 2024 · 25 investors · Other EnergyRule 506(b)
▶$16.7MraisedNov 2024 · 25 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$525KraisedMay 2023 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$2.9MraisedDec 2021 · 23 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$750KraisedDec 2020 · 10 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- 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.
Competitors · 4
by search overlapElectric Hydrogen10 shared keywordsElectric Hydrogen develops hydrogen production technology to support decarbonization. The company serves industrial customers seeking low-carbon molecular production.
Aionics6 shared keywordsAionics uses artificial intelligence and physics-based simulation to design and screen new material formulations, focusing on high-performance battery chemistries and electrolytes. It serves industries including electric vehicles, aerospace and aviation, long-duration energy storage, and decarbonized manufacturing.
Stargate Hydrogen5 shared keywordsStargate Hydrogen manufactures alkaline electrolyser systems and stacks for hydrogen production, serving system integrators and industrial sectors including heavy transport, steelmaking, and chemicals. The company focuses on enabling decarbonization through green hydrogen solutions.
HiiROC5 shared keywordsHiiROC develops thermal plasma electrolysis technology to produce clean hydrogen at competitive costs without carbon emissions, suitable for power generation, industrial applications, and energy storage. The process also generates carbon black as a byproduct and operates at point-of-use scales from modular units to industrial systems.
Companies competing with Advanced Ionics for the same Google search keywords, organic and paid, via search-intersection analysis.
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.
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, GVP Climate, JERA, SWAN Impact Network, Clean Energy Ventures.
- How much funding has Advanced Ionics raised?
- Advanced Ionics has disclosed $20.9M raised across 4 rounds.
- Where is Advanced Ionics headquartered?
- Advanced Ionics is headquartered in Milwaukee, US.