Advanced Ionics

Advanced Ionics provides electrolyzer modules for industrial hydrogen generation, developing clean, safe, and low-cost hydrogen production technology. The company's electrolyzers use solid oxide technology to achieve high efficiency in hydrogen production for industrial applications. Founded in 2017 and headquartered in Milwaukee, United States, Advanced Ionics has raised approximately $31.3M in Series B funding from investors including BP Ventures, Clean Energy Ventures, Lummus Technology, Mitsubishi, and JERA. The company targets heavy industry customers seeking to decarbonize operations through on-site hydrogen production, offering a solution that integrates with existing industrial infrastructure to produce hydrogen at costs competitive with fossil fuel alternatives. The company employs 40 people and its technology leverages waste heat from industrial processes to power electrolysis, significantly reducing electricity costs.