Milwaukee’s Advanced Ionics received $12.5 million in a Series A investment for its green hydrogen electrolyzer technology.
The technology startup was founded in 2017 and is a pioneer in scalable, sustainable green hydrogen production. Its target market is heavy industry, including steel, glass and fertilizer manufacturers. Wisconsin Inno named Advanced Ionics to its list of startups to watch in 2023.
Series A investors include BP Ventures, Clean Energy Ventures, Mitsubishi Heavy Industries and GVP Climate. BP Ventures is the venture capital body of the multinational oil and gas company BP.
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