Fundraising Fox

Ioxus

Oneonta, US · Delaware corporation · 4 known investors

IOXUS manufactures ultracapacitor cells and modules, including products that add supplemental energy to truck electrical systems to improve starting reliability. Its offerings are designed to work with existing 12V electrical systems and standard Group 31 battery form factors.

Advanced ManufacturingCleantechEnergyHardware

Founders & leadership

HB
Henry BarberExecutive
JN
Jim NorrodExecutive
MM
Mark McGoughExecutive

Board

NSNeil Suslak
Neil SuslakinBoard directorManaging Partner at Braemar Energy Ventures
MD
Michael DorseyBoard director
FE
Frank EganBoard director
AS
Alexander SchlaepferBoard director
WLWilliam Lese
William LeseinBoard directorManaging Partner at Braemar Energy Ventures
DR
Donald RunkleBoard director

Investors · 4

Braemar Energy VenturesNew York · $1M – $25Mvia Neil S. Suslak · board
Cayuga Venture FundreportedIthaca
IFCreportedAuburn
The Westly GroupreportedMenlo Park · $500K – $15M

Reported raises · per SEC filings

Form D private placements

$50.1M disclosed across 7 rounds · 2013–2019

▶$2MraisedApr 2019 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark McGoughExecutive Officer, Director
  • Henry BarberExecutive Officer
  • Mark LittleDirector
  • Robert NardelliDirector
  • James NorrodDirector
  • Joseph UrciuoliDirector
  • Zachary ShulmanDirector
  • Frank EganDirector
Offering amount
$2M
Amount sold
$2M
First sale
Mar 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.6MraisedDec 2018 · 6 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Henry BarberExecutive Officer
  • Joseph UrciuoliDirector
  • Frank EganDirector
  • Robert NardelliDirector
  • Mark LittleDirector
  • Zachary ShulmanDirector
  • Mark McGoughExecutive Officer, Director
  • James NorrodDirector
Offering amount
$8.6M
Amount sold
$8.6M
First sale
Jun 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$16.2MraisedMar 2018 · 8 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve MichauDirector
  • Zachary ShulmanDirector
  • Henry BarberExecutive Officer
  • James NorrodDirector
  • Frank EganDirector
  • Mark McGoughExecutive Officer, Director
  • Mark LittleDirector
  • Robert NardelliDirector
Offering amount
$16.2M
Amount sold
$16.2M
First sale
Jan 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedAug 2016 · 3 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Henry BarberExecutive Officer
  • Zachary J. ShulmanDirector
  • Mark KingDirector
  • Mark McGoughExecutive Officer, Director
  • William LeseDirector
  • Frank EganDirector
  • Donald RunkleDirector
  • James NorrodDirector
Offering amount
$3.4M
Amount sold
$1.6M
First sale
Aug 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$400KraisedFeb 2016 · 2 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark McGoughExecutive Officer, Director
  • Donald RunkleDirector
  • James NorrodDirector
  • Neil SuslakDirector
  • William LeseDirector
  • Henry BarberExecutive Officer
  • Frank EganDirector
Offering amount
$15M
Amount sold
$400K
First sale
Jan 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$295.8KraisedJun 2015 · 3 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Henry BarberExecutive Officer
  • Neil SuslakDirector
  • Michael DorseyDirector
  • Donald RunkleDirector
  • Frank EganDirector
  • Alexander SchlaepferDirector
  • William LeseDirector
  • Jim NorrodDirector
  • Mark McGoughExecutive Officer, Director
Offering amount
$3.6M
Amount sold
$295.8K
First sale
May 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$21MraisedApr 2014 · 8 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander SchlaepferDirector
  • Frank EganDirector
  • Jim NorrodDirector
  • Michael DorseyDirector
  • William LeseDirector
  • Neil SuslakDirector
  • Henry BarberExecutive Officer
  • Mark McGoughExecutive Officer, Director
Offering amount
$21M
Amount sold
$21M
First sale
Jul 2013
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Ioxus Awarded $100,000 SuperBoost Grant to Launch MUSE Ultracapacitor Grid Stabilization Demonstratorfinance.yahoo.com · Sep 2025Cascadia Capital Advises Ioxus, Inc. in Acquisition by XS Power Batteries - Cascadia Capitalcascadiacapital.com · Apr 2020Charged EVs | Ultracapacitor firm Ioxus raises $21 million in series C funding - Charged EVschargedevs.com · Apr 2014Ultracapacitor Maker Ioxus Raises Another $21 Millionforbes.com · Apr 2014Ioxus Raises $12M For Ultracapacitors | Reutersreuters.com · Mar 2011Ioxus Receives $21 Million Investment - Newseepower.com

Frequently asked questions

What does Ioxus do?
IOXUS manufactures ultracapacitor cells and modules, including products that add supplemental energy to truck electrical systems to improve starting reliability. Its offerings are designed to work with existing 12V electrical systems and standard Group 31 battery form factors.
Who are Ioxus's investors?
Ioxus's investors include Braemar Energy Ventures, Cayuga Venture Fund, IFC, The Westly Group.
How much funding has Ioxus raised?
Ioxus has disclosed $50.1M raised across 7 rounds.
Where is Ioxus headquartered?
Ioxus is headquartered in Oneonta, US.