The funding will allow Ionomr to further scale its ion exchange membranes and polymers that are a key enabling technology for the hydrogen economy.

Read more: Ionomr Innovations: Looking to the future of fuel cell technologies
Read more:
Ionomr Innovations named a 2022 Global Cleantech 100 Company for its hydrogen developments

The company produces breakthrough materials in both proton exchange membrane (Pemion®) and anion exchange membrane (Aemion®) technology.

This has the potential to enable applications through the entire hydrogen value chain — from production of hydrogen gas and chemicals (through electrolysis) to efficient use of hydrogen in fuel cells.

Bill Haberlin, CEO of Ionomr Innovations, said, “This strategic investment demonstrates the industry’s confidence in Ionomr’s leading membrane and polymer technology.

“Green hydrogen production, hydrogen fuel cells and efficient carbon utilisation are all critical to reducing emissions in hard to decarbonise heavy industries such as steel making, chemical production, long-term seasonal energy storage, heavy duty transport, aviation and shipping.

“The backing of these industry partners will allow us to significantly accelerate scale-up and deployment and realise our potential for revolutionising the enabling materials in this field.”

Phoebe Wang, Venture Principal at Shell Ventures, said, “Shell Ventures is pleased to support the development of Ionomr’s leading proprietary materials and the potential they offer to accelerate the hydrogen economy.

“We are excited to work with Ionomr’s highly skilled team to accelerate the future of affordable green hydrogen, in line with Shell’s aim to achieve double-digit share of global clean hydrogen sales.”

Sign up to our newsletter

Get all the latest hydrogen news, views and developments straight to your inbox.

Sign up to H2 View’s weekly bulletin today to ensure you don’t miss out