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Ionech Limited: Cleantech company generating electricity from ambient air using Air Voltaic Cell technology, replacing lithium batteries.
Ionech Limited has raised $3.6M across 1 funding round.
Key people at Ionech Limited.
Ionech Limited has raised $3.6M in total across 1 funding round.
Ionech Limited, based in London, United Kingdom, develops Air Voltaic Cell technology designed to generate electricity from ambient air. This innovative cleantech solution converts thermal energy into power using high voltage pulses and superoxide ions, aiming to replace traditional lithium batteries in applications like electric vehicles and to power energy-intensive systems across multiple sectors. The company targets integration into commercial refrigeration, air conditioning, HVAC, and data centers to significantly reduce energy consumption and emissions. Ionech has successfully raised £2 million in seed funding, with Elbow Beach Capital as a lead investor, in addition to securing a £700,000 Innovate UK grant. Their notable pilot customer for cooler fleet integration is Coca-Cola Europacific Partners (CCEP). The company was founded in 2016 by Nathan Owen.
Key people at Ionech Limited.
Ionech Limited has raised $3.6M in total across 1 funding round.
Ionech Limited's investors include Jonathan Pollack, Innovate UK.
Ionech Limited is a London-based hardware startup developing the patented INGES energy conversion system, which transforms energy from a non-toxic, non-flammable fluid—or thermal energy from ambient air—into usable electric current, offering a ROHS-compliant alternative to lithium batteries.[1][2][5] Targeted at electric vehicles (EVs), aerospace, transportation, defense, automotive, and green technology sectors, INGES enables EV "charging" in under one minute without extensive infrastructure, delivering lightweight, compact, carbon-neutral energy units free of toxic components or harmful emissions.[1][4] The company serves EV manufacturers, aerospace firms, and defense applications by solving battery limitations like long charging times, weight, toxicity, and infrastructure dependency; as a micro-entity with 4 employees and £1.45M net assets (up 771% YoY as of March 2024), it shows strong growth momentum via £1.28M cash reserves and UK government funding of £348,027.[3][5]
Ionech Limited was incorporated on 5 August 2016 as a private limited company focused on other research and experimental development in natural sciences and engineering (SIC 72190).[2][3] Key figures include Thomas Kirk, an experienced director in international relations and strategic leadership serving as Non-Executive Director and COO, and Nathan Owen, associated with operations in Harrow on the Hill.[1] The idea emerged from innovating beyond lithium batteries, patenting INGES for rapid, green energy conversion; early traction includes relocation to Harwell Science and Innovation Campus (R27 Atlas Building, OX11 0QR) and securing UK funding, marking pivotal R&D advancement amid rising EV demands.[1][4][5]
Ionech rides the global shift to electrification and decarbonization, particularly in EVs and aerospace, where battery constraints hinder adoption amid net-zero mandates.[1][4] Timing aligns with 2020s infrastructure bottlenecks and regulatory pushes for sustainable transport, amplified by UK innovation hubs like Harwell Campus hosting energy leaders.[4] Market forces favoring it include rising demand for fast-charging alternatives (EV market projected multi-trillion growth) and defense needs for reliable power; Ionech influences the ecosystem by pioneering non-lithium solutions, potentially accelerating green hardware adoption and reducing reliance on rare-earth supply chains.[1][3][5]
Ionech is poised for commercialization milestones, with next accounts due December 2025 revealing scaled prototypes or partnerships in EVs/defense.[2][3] Trends like ambient energy harvesting and plasma tech will shape its path, bolstered by funding and R&D focus; influence may evolve via licensing INGES to majors, disrupting battery dominance if pilots succeed. This positions Ionech as a high-potential innovator in the race for truly green mobility.[1][5]
Ionech Limited has raised $3.6M across 1 funding round. Most recently, it raised $3.6M Ionech - Grant / Seed in January 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 16, 2026 | $3.6M Ionech - Grant / Seed | Jonathan Pollack, Innovate UK |