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Acceleware Ltd. logo — Our vision is to be the global leader in decarbonizing indus...

Acceleware Ltd.

Our vision is to be the global leader in decarbonizing industrial heating through our Clean Tech Inverter || TSX-V:AXE

Founded 2004 Canada Calgary, Canada 18 employees Post-IPO Equity Total: $15.89M Energy, Clean Energy +2

General Information

Company Name Acceleware Ltd.
Founded Year 2004
Location Canada Calgary, Canada
Employees 18
Industries Energy, Clean Energy, Oil and Gas +1
Funding Stage Post-IPO Equity
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About Acceleware Ltd.

Acceleware is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. The Company’s solutions provide an opportunity to economically electrify and decarbonize industrial heating processes previously considered difficult to abate, which could have a significant impact on global GHG emissions. Acceleware is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today. The Company is also working with a consortium of world-class potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. Acceleware is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $448.28K -
06 Jun 2023
Post IPO Equity $1.80M -
20 Oct 2022
Post IPO Debt $715.00K -
05 Apr 2022
Grant $10.00M 3
Sustainable Development Technology Canada Alberta Innovates
Sustainable Development Technology Canada, Alberta Innovates +1
06 Nov 2017
Post IPO Equity $2.93M -
22 Jan 2007

FAQ About Acceleware Ltd.

Our vision is to be the global leader in decarbonizing industrial heating through our Clean Tech Inverter || TSX-V:AXE
Acceleware Ltd. was founded in 2004.
Acceleware Ltd. is headquartered in Calgary, Canada.
Acceleware Ltd. operates in Energy, Clean Energy, Oil and Gas and AgriTech.
Acceleware Ltd. has approximately 18 employees.
Acceleware Ltd. has completed 5 funding rounds, raising a total of $15.89M. The latest funding stage is Post-IPO Equity.

We're actively collecting intelligence on Acceleware Ltd..

Source: BounceWatch company record for Acceleware Ltd., https://bouncewatch.com/company/acceleware-ltd, updated 29 September 2024. When citing, please name BounceWatch and link this page.

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