IONATE
London, GB · Founded 2016 · Delaware corporation · 43 employees on LinkedIn · 10 known investors
IONATE develops smart transformer hardware and AI coordination software for power systems and grids, designed to modernize electricity infrastructure for data centers and grid applications.
Founders & leadership
Investors · 10
AlbionVCLondon
Global BrainTokyo · $100K – $184M
Zero Carbon CapitalPortsmouth · $130K – $1.3M
Antares Ventures Pte. Ltd.reportedSingapore
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IQ Capitalreported · 3 sourcesLondon · $1M – $40M
Also in the syndicate · 5
Cycle GroupIn-Q-Tel (IQT)IQTJGC MIRAI Innovation FundSantander InnoEnergy Climate Fund
Funding
SEC filings, press & company announcements$17.4M disclosed across 3 rounds · 2017–2025
- $17MSeries AFeb 2025 · 4 sources
AlbionVC (lead), Antares Ventures, Cycle Group, In-Q-Tel (IQT), IQ Capital, IQT, JGC MIRAI Innovation Fund, Santander InnoEnergy Climate Fund, Zero Carbon Capital
Source ↗
▶$250KraisedDec 2018 · 2 investors · OtherRule 506(b)
▶$250KraisedDec 2018 · 2 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Adhikari AjantaExecutive Officer, Director
- Amount sold
- $250K
- First sale
- Nov 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$100KraisedMar 2017 · 1 investors · OtherRule 506(b)
▶$100KraisedMar 2017 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Adhikari AjantaExecutive Officer, Director
- Amount sold
- $100K
- First sale
- Mar 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Companies House · registry record
View on Companies House ↗- Registered name
- IONATE LIMITED
- Company number
- SC640134
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 29 Aug 2019
- Registered office
- 3 Queen Street, Edinburgh, EH2 1JE
- Nature of business (SIC)
- 72190 — Other research and experimental development on natural sciences and engineering
- Accounts
- last made up to 31 Dec 2024 · next due 30 Sept 2026
- Confirmation statement
- last made up to 14 Apr 2026 · next due 28 Apr 2027
Current officers · 6
- Ingeborg Dybdal Oie — secretary, appointed 16 Apr 2025
- David Anthony Grimm — director, appointed 8 Jan 2025
- Luca Mezossy-Dona — director, appointed 13 May 2025
- Jeffery Tolnar — director, appointed 1 Jun 2023
- Matthew John Williams — director, appointed 29 Aug 2019
- Iq Capital Directors Nominees Ltd — corporate director, appointed 29 Jul 2022
Source: Companies House public register · retrieved 24 Jul 2026. Contains public sector information licensed under the Open Government Licence v3.0.
In the news
Frequently asked questions
- What does IONATE do?
- IONATE develops smart transformer hardware and AI coordination software for power systems and grids, designed to modernize electricity infrastructure for data centers and grid applications.
- Who are IONATE's investors?
- IONATE's investors include AlbionVC, Global Brain, Zero Carbon Capital, Antares Ventures Pte. Ltd., IQ Capital.
- How much funding has IONATE raised?
- IONATE has disclosed $17.4M raised across 3 rounds.
- Where is IONATE headquartered?
- IONATE is headquartered in London, GB.