Tech Company Financing Transactions
ACEL Power Funding Round
On 7/17/2024, ACEL Power landed $10 million in Series A funding from Tau Capital and private investors.
Transaction Overview
Company Name
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Tau Capital (Lead Investor) (Brad Allen)
Proceeds Purpose
The company intends to use the funds to enhance its R&D innovations, scale operations, and advance sales opportunities.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Airport Square Building, West 73rd Avenue 1430
Vancouver, BC, V6P 6G5
Canada
Vancouver, BC, V6P 6G5
Canada
Phone
Website
Email Address
Overview
ACEL Power Inc. designs and manufactures electric outboard engines, if you are a boat builder, distributor or a dealer interested in working with us. We design and engineer Intelligent Electric comprehensive systems, software and infrastructure that empower the forward-thinking explorers of today with the propulsion products of tomorrow. A new age in maritime power has dawned, and we are proud to be at its helm delivering world-leading electrification technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Liu
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