ION Energy is an advanced battery management platform that is focused on building technologies that improve the life and performance of lithium-ion batteries that power electric vehicles and energy storage systems. See more

Basic Information

ION Energy is an advanced battery management platform that is focused on building technologies that improve the life and performance of lithium-ion batteries that power electric vehicles and energy storage systems. Their platform Edison Analytics leverages battery data, software analytics and AI to remotely monitor, predict and improve battery life. Battery pack manufacturers, OEMs, and electric mobility fleet operators around the world use ION’s platform to optimise their battery management systems (BMS) and build batteries. Founded in 2016, the company is headquartered in the USA with operations arched out to Mumbai in India and Grenoble in France. Today, ION is in 40+ organisations in 12 countries, including SE Asia, North America and Europe. See more

Headquarters

:

Mumbai, Maharashtra , India

Business Model

:

B2B, 

B2B2C 

Founding Date

:

Jul 2017

Core Team

:
1.

Akhil Aryan

Timeline
2017
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May | Raised Funding
ION Energy gets an undisclosed amount of angel funding from Sushil Jiwarajka, chairman of OMC Power, Aakrit Vaish and Swapan Rajdev, cofounders of Haptik, and executives from Times Internet, Dentsu Aegis, Salesforce and Credit Suisse, among others.
2018
Feb | Acquired a Company
ION Energy acquired French battery management company, Freemens SAS.
2019
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Sep | Product Launch
ION Energy has launched the Edison Analytics, which is claimed to be India's first artificial intelligence-powered battery intelligence platform for electric vehicles.

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Revenue Streams

Target Market

B2B

Battery Makers, OEMs and electric mobility fleet operators use our platform to accelerate the development of their battery management systems (BMS) and build world-class batteries.

Client Segment

:

Energy, Technology, SaaS, Automotive

Target Companies

:

Startup

Target Geography

:

Global

Funding

Total Funding

$3.0M

Investors

:

1.

Akhilesh Nigam

Detail Round Breakdown

Round 1

$3M

Series Name

:

SEED

Date

:

1st Dec 2020