Last deal

$45.M

Amount

Venture - Series Unknown

Stage

04.04.2024

Date

2

all rounds

$45.M

Total amount

General

About Company
ION Clean Energy specializes in solvent and process technology for removing CO2 from large point sources.

Industry

Sector :

Subsector :

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Also Known As

ION Engineering

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Founded in 2008 and headquartered in Colorado, United States, ION Clean Energy has developed proprietary technology that offers significant cost and performance advantages over existing practices for removing CO2 from natural gas and coal-fired power plants. The company has received over $35M in grant funding from the U.S. Department of Energy (DOE) to accelerate the development of their technology and has been working with global and local partners to test carbon capture with actual flue gas. With successful demonstrations of their CO2 capture technology at increasing scale, ION is now preparing for the commercial deployment of their technology by combining an innovative business model with proven process technology.
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