IONATE
IONATE offers a hardware and software solution for smart electricity grids. Its Hybrid Intelligent Transformer (HIT) replaces old transformers with a device that detects and resolves power disturbances, while its Aurora software platform enhances network efficiency and renewables hosting capacity using AI. This addresses the growing need for grid modernization to meet increasing energy demands.
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Funding Round: Series A
Funding Amount: $17M
Date: 05-Feb-2025
Investors: AlbionVC, In-Q-Tel (IQT), JGC MIRAI Innovation Fund, Santander InnoEnergy Climate Fund, Antares Ventures, IQ Capital, Zero Carbon Capital, Cycle Group
Markets: Energy, Smart Grids, AI, Electrical Distribution, Hardware, Power Grid, Software
HQ: Edinburgh, Scotland, United Kingdom
Founded: 2019
Website: https://www.ionate.energy/
LinkedIn: https://www.linkedin.com/company/ionate-energy
Twitter: https://twitter.com/IONATE_Energy
Crunchbase: https://www.crunchbase.com/organization/ionate-ltd
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