# ACELERON funding: rounds and investors

> ACELERON has raised $11M across 3 rounds since 2021. Investors include Business Growth Fund, Mercia Asset Management and Midlands Engine Investment Fund.

Source: https://millionrounds.com/company/aceleron (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *ACELERON*

3 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$11M** raised across 3 rounds since 2021, from 3 sources

**$3.5M** Round **$6.8M** Series A **$830K** Round

- **Latest round:** Round, $830K Nov 2022
- **Biggest round:** $6.8M Series A · Jan 2022
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022

**$3.5M** Round

**$6.8M** Series A

**$830K** Round

- **First round:** Round, $3.5M
- **Biggest round:** $6.8M
- **Usual gap between rounds:** 10 months

## The rounds

- **Nov 2022** Round **$830K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2022** Series A **$6.8M** *4 new* [Business Growth Fund](https://millionrounds.com/fund/bgf) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) [Midlands Engine Investment Fund](https://millionrounds.com/fund/the-midlands-engine-investment-fund) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) Source recorded
- **Sept 2021** Round **$3.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

ACELERON filed 4 raises, $5.0M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2023 **$473K** UK share allotment
- Nov 2022 **$357K** UK share allotment
- Dec 2021 **$673K** UK share allotment
- Sept 2021 **$3.5M** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2021 **Series A** 2022 **Round** 2022 [Business Growth Fund](https://millionrounds.com/fund/bgf) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) [Midlands Engine Investment Fund](https://millionrounds.com/fund/the-midlands-engine-investment-fund) [Mercia Tech](https://millionrounds.com/fund/mercia-tech)

## Everyone who backed them

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round

[Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) VC firm **1** round

[Midlands Engine Investment Fund](https://millionrounds.com/fund/the-midlands-engine-investment-fund) VC firm **1** round

[Mercia Tech](https://millionrounds.com/fund/mercia-tech) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=aceleron).

## Quick answers about ACELERON

### Who invested in ACELERON?

ACELERON's investors include Business Growth Fund, Mercia Asset Management, Midlands Engine Investment Fund and Mercia Tech.

### How much has ACELERON raised?

ACELERON has raised $11M across 3 rounds since 2021.

### When did ACELERON last raise?

ACELERON's most recent round, $830K, was in Nov 2022.

### What was ACELERON's biggest round?

ACELERON's largest round on record is $6.8M (Series A), in Jan 2022.

### Who backed ACELERON first?

ACELERON's first round on record, in Jan 2022, was backed by Business Growth Fund, Mercia Asset Management and Midlands Engine Investment Fund and 1 others.

### What stage is ACELERON at?

ACELERON's latest named round is a Series A, in Jan 2022.

### Where is ACELERON based?

ACELERON is based in the United Kingdom.

## Companies like ACELERON

In the same sector, and raised in the last eighteen months.

[**novosound** $8.7M · Sept 2026](https://millionrounds.com/company/novosound)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**SolarSub** $1.8M · Sept 2026](https://millionrounds.com/company/solarsub)[**Nyobolt** $155M · Aug 2026](https://millionrounds.com/company/nyobolt)[**Breathe Battery Technologies** $132M · Aug 2026](https://millionrounds.com/company/breathe-battery-technologies)

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