Aceleron
Revolutionising access to low cost energy storage by transforming end of life lithium batteries and reusing them in renewable energy applications.
Company Details
- Location
- Bromsgrove, United Kingdom
- Founded
- 2016
- Employees
- 26-50
- Funding
- USD $5M+
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About Aceleron
The problem we're solving:
The current state of play is that batteries are produced, used and then thrown away - often with over 70% of their health remaining.Our solution:
Aceleron is an innovative clean technology company using patented battery assembly technology to manufacture advanced circular economy lithium-ion batteries that can be serviced, maintained and upgraded. By extracting 100% of the material value from batteries and repurposing them into new applications, Aceleron is able to utilise the full value from battery packs drastically reducing battery waste and the lifetime cost.Our differentiator:
Aceleron went on to raise over £7 million after the programme, and got new accolades including the Data Centre World London ‘Environmental product of the year’ award and additional investment from the UK government.Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.