IONLY, a Valencia-based startup specializing in the development of lithium batteries, has recently closed a €1.2 million funding round with the participation of Angels, the investment company of Juan Roig, part of Marina de Empresas, along with contributions from existing shareholders, including Pascal Management, Lionbest, and Zemsania, as well as public institutions such as ENISA, AVI, IVF, and CDTI, among others.
The startup, founded by Alejandro Desco, aims to offer sustainable and long-lasting photovoltaic energy storage solutions, developed and manufactured locally with a comprehensive approach that ranges from minimalist home-integrated design to technical support. The company manufactures entirely in Europe, reducing dependence on Asian suppliers and resulting in greater supply chain stability, product availability, and quality control.
With this investment, IONLY will be able to automate its production processes, optimize operational efficiency, and significantly increase the volume of batteries manufactured, mainly through the robotization of assembly processes. This advancement will allow the company not only to strengthen its commercial capacity but also to drive its expansion, consolidating its position in the European energy storage solutions sector.
“At IONLY, we want energy storage to stop being just an accessory to photovoltaic installations and become the key element in achieving resilience for critical energy infrastructures in Europe,” explains Alejandro Desco, CEO of the company.
Pepe Peris, CEO of Angels, highlighted that “what makes the difference in a company is its founder. IONLY is an industrial company with a leader who identified the opportunity years ago and has been able to develop the product; that execution capability is key—moving from envisioning an idea to improve batteries to delivering a solution to customers.”
Alejandro Desco has developed much of his career within the Marina de Empresas ecosystem: he completed the EMBA at EDEM Business School, continued his growth at Lanzadera, and recently secured investment from Angels, the investment firm of Juan Roig that invests in Lanzadera startups.
About Angels / Marina de Empresas
Founded in 2015 and driven by Juan Roig, Marina de Empresas is made up of the business school EDEM (chaired by Hortensia Roig), the accelerator Lanzadera, and the investment firm Angels. Marina de Empresas promotes individual talent to strengthen the business ecosystem and improve society.
Angels aims to invest in entrepreneurial leaders to develop sustainable companies and connect them with investors. Since its creation, Angels has invested more than €40 million in 70 companies
cloud technology axon
With a total public investment of €3.17 billion, the Industrial Deca...
