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Existing shareholders, IQ Capital, ZeroCarbon Capital, and Cycle Group also joined the round. David Grimm, Partner AlbionVC said: “IONATE is pioneering grid technology that supports the energy and environmental requirements of modern grid infrastructure.
But in early 2019, Amazon announced an industry-first for a delivery company: It pledged that half of all of its shipments would be net-zerocarbon by 2030. The entire company (including transportation) will be net-zerocarbon by 2040. It's been building out smartgrid tech and testing out a virtual power plant.
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