As part of the 12-month series, London Tech Week and UK Tech Cluster Group uncovered the West Midlands as one region in the UK, who boast a stimulating array of world class tech companies and renowned technologists.
In their report, Aceleron are highlighted as 1 of the 12 companies in the West Midlands district who are spearheading growth in the Tech industry. In times of the pandemic, many industries have been adversely affected; however, the Tech sector exclusively, has exhibited successful evolution where the amount of new tech start-ups “increased by 48% in quarter three 2020 compared to quarter one data”.
This dramatic upsurge can be credited at least to the “impetus created by lockdown, which has driven an increase in demand for technology to support remote working.”
Transforming battery waste management
This momentum reflects upon us, where the report outlines their scale-up story. Let’s begin with asking, what exactly is a scale-up? Put simply, scale-up is high company growth. It’s where a company has achieved immensely, has actively pursued notable success and is ready to take progress further.
The report summarises how they are an award-winning clean technology start-up established in 2016 from Birmingham and are transforming battery waste management to kick start a circular energy economy fit for the future.
In terms of scale-up, in July 2020, they secured £2m of investment to accelerate their international growth aspirations and scale-up assembly of batteries, which incorporates plans to double their team in the future. They are very grateful for the recognition and will always aspire to raise national pride of being an outstanding and innovative clean technology company on the Tech scene.
