London, United Kingdom · Founded 2019 · Privately Held (backing)
Developer of a power-flow control device designed to replace transformers. IONATE is based in London, United Kingdom and was founded in 2019. Its last reported valuation was $40.3 million in Feb 2025. It has raised $21.3 million.
Last reported valuation
$40.3M
Oct 2026
Priced at
—
Total raised
$21.3M
Last round
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Cap table — not yet on record
IONATE's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 25 names
·Watch IONATE: the Monday email on marks, rounds and moves
