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06 Dec

Ionomr Innovations closes $20m Series A for AEM, PEM tech

North American polymer and membrane manufacturer Ionomr Innovations announced Wednesday that it has closed a $20 million Series A-4 funding round. Led by returning investors NGIF Cleantech Ventures and Pallasite Ventures, the round also saw participation from Shell, Chevron Technology and Samsung’s respective venture companies, among others. Ionomr says it will use the funding to scale its ion-exchange membranes and polymers further to support the hydrogen e…
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