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The investment will accelerate growth and deployment of Advanced Ionics’ Symbion™ electrolyzer technology for heavy industry
MILWAUKEE--(BUSINESS WIRE)--Aug 15, 2023--
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...
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.
Hydrogen is one of bp’s five transition growth engines, which also include bioenergy, convenience, electric vehicle charging, and renewables & power. bp