IONLY develops and manufactures lithium batteries aimed at photovoltaic energy storage, producing its units entirely in Europe to reduce dependence on Asian suppliers. The company emphasizes a holistic product approach, from minimalist home-integrated design to technical support. With the new investment, IONLY intends to automate and robotize assembly to increase production capacity and operational efficiency. Management positions the batteries as a key piece for resilience in critical energy infrastructures in Europe. The founder and CEO is Alejandro Desco, who previously participated in EDEM and Lanzadera within the Marina de Empresas ecosystem. The recent €1.2M financing led by Angels improves the company’s financial position to pursue commercial growth and European expansion.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2026