# ACELERON: Oil & energy, Stoke Prior, United Kingdom

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

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

United Kingdom · [Oil & energy startup](https://millionrounds.com/companies)

# 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 reported Last round: Series A

Oil & energy Stoke Prior, United Kingdom

Company summary

- **Founded:** 2016 10 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** 10.6M as listed, currency not stated
- **Last round:** Series A Jan 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for ACELERON has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **10.6M** in the source's currency

Rounds **5**

Last round **Series A**

Last round size **280k**

Last round date **Jan 2022**

Investors listed **6**

## 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

## The company, in detail

What they build

Known for

circular economy battery for off-grid homes remote monitoring oil & energy clean energy & technology battery manufacturing consumers long lifespan batteries battery performance monitoring energy resilience lithium servicing rechargeable battery battery modular design battery upgrade sustainable energy

Built with from their website

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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](https://millionrounds.com/directory/aceleron)

## Oil & energy in United Kingdom

Startups like it

- [**CORE POWER** founded 2018](https://millionrounds.com/startup/core-power)
- [**Special Piping Materials** Manchester · founded 1989](https://millionrounds.com/startup/special-piping-materials)
- [**RAPTOR ENERGY LIMITED** Chesterfield](https://millionrounds.com/startup/raptor-energy-limited)
- [**FrontRow Energy Technology Group** Aberdeen · founded 2016](https://millionrounds.com/startup/frontrow-energy-technology-group)
- [**Motia** Leeds · founded 1990](https://millionrounds.com/startup/motia)
- [**Blue Ocean Seismic Services Limited** Farnborough · founded 2019](https://millionrounds.com/startup/blue-ocean-seismic-services-limited)
- [**Sultan Energy** London](https://millionrounds.com/startup/sultan-energy)
- [**Inductosense** Bristol · founded 2015](https://millionrounds.com/startup/inductosense)

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