IONATE

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

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Total raised

$21.3M

Last round

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How much has IONATE raised?

$21.3Macross 0 recorded rounds

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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.

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25 investors have backed IONATE.

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Frequently asked about IONATE

How much has IONATE raised?: IONATE has raised $21.3M in total across 0 recorded funding rounds.