Aquion Energy, Inc. develops and manufactures Aqueous Hybrid Ion (AHI) batteries and battery systems for stationary energy storage applications. The batteries are optimized for off-grid and micro-grid systems, commercial and industrial energy storage, and grid scale applications. Aquion's batteries are safe, reliable, sustainable and cost-effective. The combination of these attributes yields a product that provides industry leading delivered value for customers. Aquion's battery systems provide flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies such as wind and solar. Founded in 2008 and headquartered in Pittsburgh, Pennsylvania, Aquion's proprietary aqueous hybrid ion chemistry is based on the research of Carnegie Mellon University Professor Jay Whitacre.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 04/02/13 | $35,000,000 | Series D |
Advanced Technology Ventures Bill Gates Foundation Capital | undisclosed |
| 01/08/14 | $55,000,000 | Series D-1 |
Advanced Technology Ventures Bill Gates Foundation Capital TAO Ventures | undisclosed |
| 05/13/14 | $20,000,000 | Venture Debt |
Trinity Capital Investment | undisclosed |
