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Energy Tech Series A Founded 2015

Ion Storage Systems

Ion Storage Systems manufactures solid-state battery technology that eliminates flammable liquid electrolytes and avoids thermal runaway without requiring external compression or cooling systems. The company patented 3D ceramic battery architecture delivers safety, performance, and reliability for next-generation technologies across consumer electronics, electric vehicles, aerospace and defense, and grid storage…

📍 College Park, United States · Energy Storage Tech

Funding snapshot

Last roundSeries A
Amount$20M
Date17 January 2025
Total raised$38M
Team size51

About

Ion Storage Systems manufactures solid-state battery technology that eliminates flammable liquid electrolytes and avoids thermal runaway without requiring external compression or cooling systems. The company patented 3D ceramic battery architecture delivers safety, performance, and reliability for next-generation technologies across consumer electronics, electric vehicles, aerospace and defense, and grid storage applications. The platform features an anodeless design that enables fast-charging, longer range, and safer operation for EVs without complex thermal management. The 3D ceramic architecture is inherently safe, energy-dense, and versatile, with scalable manufacturing designed for real-world deployment from pilot lines to full production. For consumer electronics, ION delivers more energy in compact formats without the swelling, overheating, or safety risks of traditional cells. For aerospace and defense, the batteries support mission-critical systems in extreme climates and high-impact scenarios where failure is not an option. For grid and storage, the platform supports reliable energy storage in a decarbonized grid without cooling, compression, or rare materials. The company team brings deep expertise from national labs, top universities, and leading industrial firms, focusing on manufacturability, reliability, and impact. ION has received a $2 million investment from TEDCO and recently appointed Ravi Abbineni as Chief Financial Officer to advance global commercialization. Founded in 2015 and headquartered in College Park, Maryland, with facilities in Beltsville, Maryland, Ion Storage Systems has raised approximately $38 million in Series A funding from investors including Toyota Ventures, Alsop Louie Partners, Tenaska, Bangchak, Alumni Ventures, VoLo Earth Ventures, LEONID, University of Maryland, NOVA by Saint-Gobain, and Climate Capital.

Business model

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion > Solid > 3D Printed

Team background

College Wise > University of California (Berkeley), Stanford University

Institutional investors

Alsop Louie Partners Toyota Ventures Tenaska Bangchak GAINTECH Alumni Ventures Z2Sixty Ventures Climate Capital Clear Creek Investments VoLo Earth Ventures LEONID University of Maryland NOVA by Saint-Gobain OSTI FedTech

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