Mobility 54 invests in sustainable battery expertise firm Aceleron
Aceleron, a pioneer in battery expertise, has secured an funding take care of Toyota Group subsidiary – Mobility 54 Funding SAS, to speed up battery innovation. The funding is a part of Mobility 54’s imaginative and prescient to speed up carbon neutrality and the round economic system throughout Africa.
The announcement was additionally shared by Aceleron and is a part of the corporate’s continued traction throughout the business having secured £5m funding from a number of companions and traders of their Serie A spherical amongst them Mobility 54, the Enterprise Progress Fund, and Mercia.
Since its institution in 2016, Acceleron is working to create essentially the most sustainable ESG constructive battery which maximizes the complete worth of the battery, making a future the place battery waste doesn’t pose a problem. The expertise developed has growing markets in thoughts because it options simple to assemble and restore enhances with out a want for hi-tech equipment.
Acceleron started its Africa operations in 2021 and has begun producing batteries for electrical micro-mobility and stationary vitality storage primarily for native use by the locals.
Supply: Press launch
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