Mobility 54 invests in Aceleron, a sustainable battery technology company

Aceleron is a leader in battery technology and has signed an investment deal with Toyota Group subsidiary Mobility54 Investment SAS to accelerate its battery innovation. This investment is part Mobility 54’s vision of accelerating carbon neutrality and the development of a circular economy in Africa.

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Aceleron also shared the announcement. This is part of Aceleron’s continued momentum in the industry. Aceleron secured PS5m investment form, several partners and investors, during their Serie A round, including Mobility 54 and the Business Growth Fund.

Acceleron was founded in 2016 and has been working hard to develop the most sustainable ESG-positive battery. This maximizes the battery’s full potential, creating a future without battery waste. Because it is easy to assemble and fix, the technology was developed with developing markets in mind.

Acceleron started its Africa operations in 2021. It began producing batteries for stationary energy storage and electric micro-mobility primarily for local consumption by the locals.

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