CENTENNIAL, CO, Iontra today announced it has raised an additional $29 million Series B financing round.
Iontra, an innovator of next-generation battery charging technology, today announced it has raised an additional $29 million, bringing its Series B fundraising total to $67 million and $80 million raised to date. The additional Series B funding is led by prominent energy sector investors Volta Energy Technologies and Riverstone with additional support from Flag Asset Management and others. JPMorgan Chase assisted Iontra by acting as the placement agent for the financing.
Iontra is a battery innovation company that dramatically improves the charge speed, cycle life, capacity utilization, cold weather charging, and safety of all lithium batteries. Iontra's breakthrough solution delivers the performance that next generation batteries are promising to deliver years from now.
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