$17.0M
The London-based deeptech company raised the Series A round to expand into the US market and further develop its hardware and software platform.
I
IONATE
IONATE builds the hardware and software backbone for smart electricity grids.
London, UK—Founded 2019
$20.3MTotal raised
IONATE develops hardware and software to modernise and manage electrical power grids.
Filed accounts
Cash at bank
Members only
Net current assets
Members only
Total assets less current liabilities
Members only
Net assets
Members only
Shareholders' funds
Members only
Fixed assets
Members only
Cash, assets and headcount from IONATE's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Founders
Matthew Williams
Founder and CEO
Luca Mezossy-Dona
Luca co-founded IONATE, where he serves as head of strategic engagement. He previously handled science communications and marketing at The Faraday Grid.
LinkedInRR
Roberto Ricci
Roberto brings capital strategy and scale-up experience across grid and critical metals, having previously served as co-founder and CFO at Ionate and held investment roles in renewable energy and infrastructure.
LinkedInInvestors
- $17.0M
- £3.3M
Funding history
£3.3M
The seed round was led by IQ Capital with participation from several specialist energy and deep-tech investors.