Investments
20Funds
2Latest Cleantech Ventures News
Jan 31, 2022
Ion-exchange membrane company Ionomr Innovations closes US$15M Series A Ionomr Innovations, a developer of ion-exchange membranes and polymers for the hydrogen economy, closed a $15-million Series A funding round with lead investors Shell Ventures and Finindus, joined by Chevron Technology Ventures (CTV), NGIF Cleantech Ventures and Pallasite Ventures. Ionomr produces materials in both proton exchange membrane (Pemion) and anion exchange membrane (Aemion) technology, with the potential to enable applications through the entire hydrogen value chain —from production of H2 gas and chemicals (through electrolysis) to efficient use of hydrogen in fuel cells. Produced using hydrocarbon materials and a novel polymer structure, Ionomr’s polymer-based solutions avoid a range of environmental problems associated with the production, use and disposal of fluorine-containing polymers predominantly used in clean technologies today. The funding will allow Ionomr to further scale its ion exchange membranes and polymers that are fundamental to the acceleration of the hydrogen economy. Ionomr’s materials can make more efficient, cost-competitive solutions possible, including eliminating expensive precious metal requirements from hydrogen production and CO2 electrolysis, and supporting higher temperature recyclable fuel cell solutions. From the outset, we were impressed by Ionomr’s fundamental approach to developing membranes unencumbered by traditional degradation mechanisms and with cost-efficient large-scale manufacturing in mind. The company has succeeded in turning its unique scientific insights into high performance sustainable products for use in both PEM fuel cells and electrolysers, as well as enabling AEM, a most promising novel pathway to low-cost hydrogen production. —Hans Maenhout, Finindus, Investment Directo Leveraging technology developed at Simon Fraser University, Ionomr was founded in 2018.
Cleantech Ventures Investments
20 Investments
Cleantech Ventures has made 20 investments. Their latest investment was in Semitech Semiconductor as part of their Series A on January 1, 2011.
Cleantech Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/19/2011 | Series A | Semitech Semiconductor | $3.4M | Yes | ||
9/23/2009 | Debt | Nu Energy | $10M | No | 2 | |
4/1/2009 | Growth Equity - II | Nu Energy | $5M | No | 1 | |
11/1/2008 | Growth Equity | |||||
Other Investors |
Date | 1/19/2011 | 9/23/2009 | 4/1/2009 | 11/1/2008 | |
---|---|---|---|---|---|
Round | Series A | Debt | Growth Equity - II | Growth Equity | Other Investors |
Company | Semitech Semiconductor | Nu Energy | Nu Energy | ||
Amount | $3.4M | $10M | $5M | ||
New? | Yes | No | No | ||
Co-Investors | |||||
Sources | 2 | 1 |
Cleantech Ventures Fund History
2 Fund Histories
Cleantech Ventures has 2 funds, including Cleantech Australia Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/11/2007 | Cleantech Australia Fund | Multi-Stage Venture Capital | Closed | 1 | |
CEGT Fund |
Closing Date | 10/11/2007 | |
---|---|---|
Fund | Cleantech Australia Fund | CEGT Fund |
Fund Type | Multi-Stage Venture Capital | |
Status | Closed | |
Amount | ||
Sources | 1 |
Cleantech Ventures Team
2 Team Members
Cleantech Ventures has 2 team members, including current Managing Director, Jan Dekker.
Name | Work History | Title | Status |
---|---|---|---|
Jan Dekker | Managing Director | Current | |
Andrew Pickering | Managing Director | Current |
Name | Jan Dekker | Andrew Pickering |
---|---|---|
Work History | ||
Title | Managing Director | Managing Director |
Status | Current | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.