Advanced Ionics, the developer of a new class of green hydrogen electrolyzers aimed at accelerating decarbonization, announced that it has raised an additional $6.7 million in funding from strategic investors JERA, Lummus Venture Capital, and the Argosy Foundation as well as existing investors Clean Energy Venture Group and bp Ventures. This new capital will be used to increase the pace of development of its water-vapor electrolyzer technology, as well as build out the company's manufacturing and research and development facility.