Ionomr Innovations Inc.

Ionomr Innovations in its US$15 million Series A Financing

Client

Ionomr Innovations Inc.

Value

US$15 million

Service

Emerging and High Growth Companies

Date Closed

January 2022

Industry

CleanTech

Lead Office

Vancouver

 

On January 19, 2022, Ionomr Innovations announced it had closed its US$15 million Series A funding round with lead investors Shell Ventures and Finindus, joined by Chevron Technology Ventures, NGIF Cleantech Ventures and Pallasite Ventures. The funding will allow Ionomr to further scale its ion exchange membranes and polymers that are fundamental to the acceleration of the hydrogen economy.

Based in Vancouver, Ionomr Innovations develops and markets ion-exchange membrane and polymer solutions for clean technology solutions including fuel cells, hydrogen production, and a range of energy storage applications.

Osler, Hoskin & Harcourt LLP advised Ionomr Innovations with a team consisting of Justin Young and Jacob Young (Emerging & High Growth Companies) Lindsay Hofer and Ian Morrison (Corporate) and Sylvia Rowat (Articling Student).