Ionly Batteries Secures €1.2 Million Funding Led by Juan Roig for Energy Storage Technology
Ionly Batteries, a Valencia-based start-up focused on lithium battery development, has completed a €1.2 million funding round led by Angels, Juan Roig's investment firm. Other contributors 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, enhancing the company's position in the European energy storage market.
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Ionly Batteries has secured €1.2 million in funding, led by Juan Roig's investment firm Angels. Additional investors include Pascal Management, Lionbest, and Zemsania, alongside public entities like Enisa and CDTI.
The funding will enable Ionly to automate production, optimize efficiency, and increase battery volumes, focusing on locally developed sustainable energy storage solutions. The company aims to reduce reliance on Asian suppliers, ensuring supply chain stability and quality control. This investment supports Ionly's expansion in the European energy storage sector.
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