IONATE provides a hardware-software solution to modernize electricity grids. Its Hybrid Intelligent Transformer (HIT) replaces traditional transformers and combines reliable power conversion with dynamic control, using a patented magnetic core design to reduce energy losses. The HIT is coordinated by Aurora, an AI-enabled platform that delivers real-time data and control of voltage, reactive power, and harmonics to form a connected smart grid. The company differentiates itself by integrating the transformer hardware with an AI-powered software stack to optimize grid performance and supports deployments through pilots and licensing, with expansion plans including the U.S. market.
Company Size
11-50
Company Stage
Series A
Total Funding
$22.7M
Headquarters
London, United Kingdom
Founded
2019
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