United Kingdom · Oil & energy startup

ACELERON

ACELERON is a UK-based clean technology company founded in 2016, focused on designing and manufacturing advanced lithium-ion batteries that support a circular economy.

Funding reportedLast round: Series A

Oil & energyStoke Prior, United Kingdom

About ACELERON

ACELERON is a UK-based clean technology company founded in 2016, focused on designing and manufacturing advanced lithium-ion batteries that support a circular economy.

The company repurposes end-of-life batteries from electric vehicles and consumer electronics into energy storage units, addressing the issue of battery waste. Headquartered in Birmingham, ACELERON has operations in the UK, the Caribbean, and East Africa. The company's core product is a patented, serviceable lithium-ion battery pack featuring a unique compression mechanism for easy maintenance and upgrades. These modular battery packs are lightweight, portable, and designed to be disassembled and reused, ensuring sustainability. ACELERON's solutions cater to residential users, microgrid operators, and renewable energy entities, providing affordable energy storage options. The company sells its products through a global network of partners, offering long-term support and maintenance for customers.

What company datasets say ACELERON raised

Funding, as reported

Reported in all10.6Min the source's currency
Rounds5
Last roundSeries A
Last round size280k
Last round dateJan 2022
Investors listed6

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.

  1. Jan 2023$473KUK share allotment
  2. Nov 2022$357KUK share allotment
  3. Dec 2021$673KUK share allotment
  4. Sept 2021$3.5MUK share allotment

The company, in detail

What they build

Known for

circular economybattery for off-grid homesremote monitoringoil & energyclean energy & technologybattery manufacturingconsumerslong lifespan batteriesbattery performance monitoringenergy resiliencelithiumservicingrechargeable batterybattery modular designbattery upgradesustainable energy

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Sector
Oil & energy
Industry code
NAICS 33591, SIC 3631
Region
England
Revenue
1.4M a year, as listed
Full record
Every detail in the company directory

Oil & energy in United Kingdom

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