Advanced Ionics, a company based in Milwaukee, Wisconsin, has successfully secured $6.7 million in funding for the development of their green hydrogen electrolyzers. The funding round saw participation from notable backers such as JERA, Lummus Venture Capital, and the Argosy Foundation, in addition to existing investors Clean Energy Venture Group and bp Ventures. This financial boost will enable Advanced Ionics to accelerate the progress of their water-vapor electrolyzer technology and further expand their manufacturing and research and development capabilities. Under the leadership of CEO Ignacio Bincaz, the company has introduced a decarbonized hydrogen platform, known as Symbion™ Electrolyzer Technology, facilitating industrial hydrogen producers and users to achieve sustainability goals. This innovative technology harnesses process and waste heat to generate low-cost decarbonized hydrogen. Moreover, the company has announced the appointment of Ignacio Bincaz as the new chief executive officer to spearhead their initiatives towards revolutionizing green hydrogen production.