Ionly Batteries Secures €1.2 Million Funding for Energy Storage Technology in Valencia

Ionly Batteries, a Valencia-based start-up, has completed a €1.2 million funding round led by Juan Roig's investment firm, Angels. Additional investors include Pascal Management, Lionbest, Zemsania, and public entities such as Enisa, AVI, IVF, and CDTI. The funding aims to automate production processes, improve operational efficiency, and significantly increase battery output, thereby strengthening the company's position in the European energy storage market.