Ion Storage Systems (ION) announced the initial closing of its $30 million Series A fundraising round led by Clear Creek Investments, VoLo Earth Ventures, and Alsop Louie Partners. This Series A round builds on the $8 million seed funding round that Alsop Louie Partners led with participation from VoLo Earth Ventures.

Ion Storage Systems creates high energy density, solid state lithium metal batteries that are safer, lighter and enable form factors with tighter packing density that enhance system performance. ION's nonflammable technology offers safe operation, greater abuse tolerance, and both volume and weight reduction.