Ionomr Innovations Inc. announced that it has received $20 million in a round of funding led by returning investors, NGIF Cleantech Ventures, a fund managed by NGIF Capital Corporation and Pallasite Ventures on December 5, 2023. The transaction included participation from new investors,Samsung Venture Investment Corporation, SAIC Capital Company Limited and from returning investors, Shell Ventures, Chevron Technology Ventures L.L.C. and Finindus and from new individual investors, N.V. Bekaert and Asahi Kasei Corporation.