IONATE key facts
as of Oct 2026- Developer of a power-flow control device designed to replace transformers.
- IONATE is valued at approximately $40.3M as of Oct 2026 (last reported valuation).
- It has raised $21.3M; the latest was Accelerator/Incubator ($16.8M) in Jan 2026.
- Notable investors include Innovate UK, Global Brain, Tech Nation Group, In-Q-Tel, London & Partners. — 25 tracked in total.
- IONATE has filed 2 Form Ds with the SEC since 2017, most recently Dec 2018 ($250K sold to 2 investors).
- Status: Privately Held (backing).
IONATE's last reported valuation, Feb 2025. Nothing priced has surfaced since.
- ·The complete investor list: 25 names
- ·Watch IONATE: the Monday email on marks, rounds and moves
IONATE funding rounds
No funding rounds for IONATE are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs IONATE
25+Membership and data by Private Market View
IONATE valuation
IONATE's last reported valuation was $40.3 million in Feb 2025. No priced round, secondary trade or fund mark has surfaced since.
How much has IONATE raised?
IONATE has filed 2 Form Ds with the SEC since 2017, most recently in Dec 2018 ($250,000 sold to 2 investors).
IONATE investors
25 investors are on record for IONATE, including Innovate UK, Global Brain, Tech Nation Group and In-Q-Tel. By type, the record holds 5 venture capital firms and 1 growth equity firm.
About IONATE
Developer of a power-flow control device designed to replace transformers. The company's hybrid intelligent transformer is a control device that solves urgent issues in the power network and with big power users, like data centers, enabling electricity grid companies to enhance system resilience while reducing operational inefficiencies.
- Sector
- Energy
- HQ
- London, United Kingdom
- Founded
- 2019
- Employees
- 34
- Website
- ionate.energy/
- Ownership
- Privately Held (backing)
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