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BP leads $12 5 million Series A investment in low-cost hydrogen electrolyzer innovator, advanced Ionics

The investment will accelerate growth and deployment of Advanced Ionics’ Symbion™ electrolyzer technology for heavy industry

Gareth burnsClean energy venturesMitsubishi heavy industriesImpact networkClean energy venture groupRepsol foundationAdvanced ionic symbionAdvanced ionicAdvanced ionicsChad mason

bp Leads $12 5 Million Series A Investment In Low-Cost Hydrogen Electrolyzer Innovator, Advanced Ionics

MILWAUKEE (BUSINESS WIRE) Aug 15, 2023

United statesCity ofUnited kingdomJosh sweetinGareth burnsRepsol foundationImpact networkClean energy venturesMitsubishi heavy industriesClean energy venture groupMitsubishi heavyAdvanced ionicAdvanced ionicsChad masonAnnual reportBusiness wire

Cheaper green hydrogen | BP leads investment round for electrolyser start-up that promises world-beating efficiency

Cheaper green hydrogen | BP leads investment round for electrolyser start-up that promises world-beating efficiency
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United statesGareth burnsClean energy venturesBloom energyMitsubishi heavy industriesAdvanced ionicsAdvanced ionic

BP invests in green hydrogen start-up

BP PLC (LSE:BP.) has backed a start-up aiming to slash the costs of producing hydrogen by incorporating electrolysers into heavy industry. Advanced Ionics.

Gareth burnsInternational energy agencyAdvanced ionicsAdvanced ionic

BP leads investment in H2 electrolyzer developer Advanced Ionics

Advanced Ionics has closed a $12.5 million series A financing led by BP Ventures, with additional investors including Clean Energy Ventures, MHI and GVP Climate.

Gareth burnsMitsubishi heavy industriesClean energy venturesRepsol foundationAdvanced ionicsAdvanced ionicVice president

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