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Energy Tech Series C Founded 2015

Iontra

Iontra is a battery technology company that has developed patented Charge Control technology which improves lithium-ion battery performance by 2 to 4 times without requiring cell redesign. The technology uses advanced signal processing and innovative charging algorithms to prevent fundamental cell damage mechanisms during charging, including lithium plating, dendrite growth, and SEI growth on the anode. This enables…

📍 Denver, United States · Energy Storage Tech,

Funding snapshot

Last roundSeries C
Amount$45M
Date14 November 2024
Total raised$138M
Valuation118,708,887 - 221,315,000 (Apr 17, 2023)
Team size68

About

Iontra is a battery technology company that has developed patented Charge Control technology which improves lithium-ion battery performance by 2 to 4 times without requiring cell redesign. The technology uses advanced signal processing and innovative charging algorithms to prevent fundamental cell damage mechanisms during charging, including lithium plating, dendrite growth, and SEI growth on the anode. This enables longer cycle life (up to 4x), faster charging (up to 2x), safer batteries, and improved cold-weather charging at or below 0 degrees Celsius, proven on packs at -20 degrees Celsius. Iontra’s technology is battery chemistry agnostic and works with next-generation chemistries including Li-metal, Li-S, solid-state, and Na-ion. The company serves consumer devices (mobile phones, wearables, AR/VR), commercial and industrial applications (power tools, drones, energy storage), and automotive (EVs, e-bikes, residential storage). Iontra’s solutions are validated by UL Solutions, NREL, the University of Michigan, and Novonix. Founded in 2015 and headquartered in Denver, Colorado, the company has raised approximately $138.2 million in Series C funding. Investors include Volta, Riverstone Holdings, ARPA-E, and the National Science Foundation.

Business model

Electric Vehicles > Components > Batteries > Multi Category Vehicles > Lithium Ion,

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion > Electric Vehicles

Team background

College Wise > Kellogg School of Management

Institutional investors

Volta Riverstone Holdings Flag Group ARPA-E National Science Foundation

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