Aceleron Raises Further £2.5M
- Aceleron, a Birmingham, UK sustainable battery technology company, raised a further £2.5m in funding
- The company intends to use the funds to expand its global sales
- The funding will enable Aceleon to build relationships with automotive manufacturers and other major corporates while continuing to enhance its products
- The company has developed lithium battery platform technology which enables easy repair and reuse over time, thus reducing cost and waste
- The lithium-ion batteries used in electric vehicles and for clean energy storage have a typical lifespan of no more than ten years and cannot be repaired or easily recycled
- The company’s design allows the individual cells to be removed and replaced, rather than having to dispose of the entire battery
