IONATE
Hybrid intelligent transformers for the energy industry
- 21-100 employees
- B2B
- Enterprise
- Energy
- Manufacturing
- Deep Tech
- Hammersmith, London, UK
Jump to section
Company mission
IONATE's mission is to transform power systems through deep-tech innovation.
Our take
IONATE claims that electrical transformers, which have remained the same for the last century, are no longer fit for purpose as power systems look to shift to more efficient, low emissions electricity.
The company develops digital hardware – a patented “smart hybrid transformer” – which allows for more efficient power flow control across the existing electricity grid, as well as in renewable energy infrastructure such as wind and solar.
With many of the world’s leading economic powers committing to net-zero emissions by 2050, there’s a pressing need for deep-tech enabled solutions on the existing grid, as well as in alternative power systems. IONATE is attempting to make itself a key player in this transition.
The fact that its tech solution is patented could be a huge factor. After winning plaudits at a number of industry awards before even going to market, the London-based company is now eyeing a major scale-up, aided by its 2025 Series A round. IONATE is growing its presence in the grid modernisation market, which is set to reach $21 trillion in value by 2050.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Company pension
- Flexible schedule
- Work from home options
- Competitive salary
Funding (last 2 of 3 rounds)
Feb 2025
$17.2m
SERIES A
Aug 2022
$4.2m
EARLY VC
Total funding: $21.7m
This company has top investors
Leadership
Matthew Williams
(CEO & Co-Founder)15 years experience as an electrical and control engineer. Managed technical development teams, SMEs, and startup companies including The Faraday Grid, Exigen, and SunWater. Author of patents for power flow control devices and systems.
Roberto Ricci
(CFO & Co-Founder)Over 15 years international energy industry business development, funding, and M&A experience for Canada-based Amp, Gensix Consulting, and Molten Power, developing and implementing strategies for renewable power generation and battery storage startups.
Luca Mezossy-Dona
(Head of Strategic Engagement and Co-Founder)Previously worked in Communications at the Faraday Grid, was a Research Assistant at University of St Andrews and was an Online Developer at Professional Skills Curriculum.