Energy-tech startup ION Energy has announced that it has secured $3.6 million in its pre-Series A financing round.
The latest round saw participation from Amazon’s Climate Pledge Fund, Climate Capital of Silicon Valley, YourNest Venture Capital, Venture Catalysts, Riso Capital, and other investors.
Akhil Aryan, Co-founder and CEO at ION Energy, said, “Globally, we believe 2021 will be the inflection point for the new energy transition as both companies and governments come together towards reducing carbon emissions. At ION, we’re confident that advanced electronics and software that help enterprises accelerate this transition will become mission-critical to meet our goals of a zero-carbon future.”
“As we continue to identify visionary companies whose products and solutions will facilitate the transition to a low-carbon economy, we’re proud to invest in ION Energy, our first investment in India through the $2 billion Climate Pledge Fund,” added Kara Hurst, Vice President & Head of Worldwide Sustainability, Amazon.
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