Birmingham-based Aceleron just raised £2.5M to develop sustainable battery technology

From Birmingham, Aceleron pioneered battery technology. Meanwhile, the company has amassed $ 2 billion and $ 2.5 billion as it continues to grow its global sales. Birmingham The loans come from the current BGF, the MEIF Protection Fund, and the Sukura Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, and the EIS Mercies Fund. As such, the total revenue generated by the investment company is 5.4 million.

Growth plans ahead

Aceleron spends investment money to build Birmingham partnerships with manufacturing companies and other large companies. Again it will continue to improve its products. So far the company has hired 25 employees and hopes to double its revenue this year.

Amrit Chandan, the CEO, said: “I am glad to receive further support from our stonemason missionaries so that we can help and conserve our natural resources less.”

Sandy Reid of Mercia also said: “Considering the pure scientific prospects, there are six other markets for Aceleron products. The business has grown every year and is starting to attract interest from the masses. On the market.”

Tom Horton, a BGF vendor, added: “We are excited to support Aceler with additional funding to grow its marketing strategy and continue to integrate new products. They aim to provide assistance to charities .. reduce or reverse environmental problems.”

Grant Peggie, Director at the British Commercial Bank, said: “This recent show shows how MEIFs can support businesses during their growth journey, and also provide more money than support for product development, expansion, and job creation. We also encourage others. Midlands. Enterprises… “Carbon to consider the financial benefits of the MEIF.”

Andy Street, mayor of West Midlands, said: “We want West Midlands to be a world leader in science and research, and companies like Aceleron will help do that. Their car and experience, as well as their duty to visit their home. In our community.

Develops lithium battery platform tech

Launched in 2016 by Amrit Chandan and Carlton Cummins, Aceleron has developed a state-of-the-art battery technology that enables easy maintenance and timely use, reducing costs and waste. Lithium-ion batteries used in electric vehicles and storage batteries usually do not last more than ten years and cannot be used again or easily reused.

The manufacturer of Aceleron allows you to remove and replace every cell, as opposed to removing all the rock. Its product, ‘Precious’, is the world’s first preserved stone for life.

Recently Stones received a review and search from NHS, but Amrit and Carlton were appointed as #One Step Greener Leaders ahead of the COP26 meeting in November.

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