Advanced Ionics closes Series A, led by bp Ventures, at $12.5 million to develop a water vapor electrolyzer technology
Advanced Ionics has closed a Series A funding round at $12.5 million. This round was led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The company plans to avail the funds to grow and accelerate the first deployment of its Symbion™ water vapor electrolyzer technology. It is…