Advanced Ionics, a United States firm based in Milwaukee, has raised $6.7 million in additional funding for their innovative electrolyzer technology. The technology, known as Symbiotic electrolyzers, utilizes waste heat from industrial sources and operates efficiently across a wide temperature range. Unlike traditional cold and hot electrolyzers, Advanced Ionics' solution eliminates the need for polymer membranes and expensive metals, offering a more cost-effective and reliable alternative. By working with steam and utilizing excess heat already present in industrial settings, the electricity consumption is reduced to below 35 kWh/kg. This approach not only lowers operational costs but also contributes to industrial decarbonization. Investors, including JERA Co. Inc., have expressed optimism in the company's potential to revolutionize the green hydrogen market. Advanced Ionics' recent appointments of a new CEO and CTO indicate strategic growth and development following a grant from the U.S. Energy Department in 2022. The company aims to accelerate the development of its technology and expand its manufacturing and research facilities, signaling a promising future in the green energy sector.