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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.
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.
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
B2B,  B2B2C  
Founding Date
:
Jul 2017
Core Team
:
1.  
Akhil Aryan
Timeline

2017

Raised Funding

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

Acquired a Company

Feb | Acquired a Company

ION Energy acquired French battery management company, Freemens SAS.

2019

Product Launch

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.

2020

Awards

Feb | Awards

Akhil Aryan, Co-founder & CEO, ION Energy is featured on the coveted Forbes India: 30 Under 30 2020 list

Revenue Stream
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