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Ionate Energy
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Power transformers leveraging high-precision magnetic power flow controllers, enhanced by an AI control module

Founded in 2019
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector energy networks

TRL Range 1-3
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United Kingdom United Kingdom
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Updated by at on 03/30/2025

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Date Partner Type
11/14/2024
National Grid Electricity Distribution National Grid Electricity Distribution
IONATE has partnered with National Grid Electricity Distribution (NGED) to accelerate development of IONATE's Hybrid Intelligent Transformer (HIT) technology. The partnership is under NGED's Low Voltage - Active power control transformer (LV-ACT) project, and will focus on solving emerging grid constraints.
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Confirmed by National Grid Electricity Distribution
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IPO INFORMATION

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Date Investors Type Amount
02/04/2025 Albion Ventures Albion Ventures , In-Q-Tel In-Q-Tel , JGC Holdings Corporation JGC Holdings Corporation , Santander InnoEnergy Climate Fund Santander InnoEnergy Climate Fund , Antares Ventures Antares Ventures , Zero Carbon Capital Zero Carbon Capital , IQ Capital Partners IQ Capital Partners (7)
Post-money valuation of
Series A $17,000,000
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