# ACAL Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acal-energy

- Industry: Energy Storage & Batteries
- Headquarters: Runcorn, UK
- Website: www.acalenergy.co.uk
- Total disclosed funding: $5.2M
- Latest round: Series B (Feb 3, 2009)
- Investors on record: 1

## About

ACAL Energy Ltd. is an innovative company focused on developing advanced fuel cell technology, primarily through its proprietary FlowCath® platinum-free liquid catalyst, targeting low-cost energy solutions for various applications.Founded in 2004 and headquartered in Runcorn, UK, ACAL Energy Ltd. specializes in fuel cell technology. The company has undertaken various initiatives to refine its business model and has completed 12 deals, with the latest funding round being in July 2012, raising GBP 3.24 million. The company is valued at GBP 23.68 million post-money.ACAL Energy Ltd specializes in the development and licensing of advanced fuel cell technology, prominently featuring its proprietary FlowCath® platinum-free liquid catalyst. This innovation enables the creation of Proton Exchange Membrane (PEM) systems that serve as low-cost alternatives to traditional power solutions, such as batteries and generators, particularly in scenarios requiring uninterrupted power supply for extended periods. The FlowCath® power module caters to various end-user applications, including automotive powertrains and stationary power sources, effectively addressing the growing demand for zero-emission vehicles and reliable off-grid energy solutions. ACAL Energy's products are designed for diverse geographical markets, including Europe, North America, and Asia, where they serve a broad client base ranging from automotive manufacturers to industrial energy consumers seeking efficient, low-carbon energy solutions.ACAL Energy generates revenue through partnerships and direct sales of its fuel cell systems, primarily targeting B2B clients in the automotive and industrial sectors. The company structures its transactions around the provision of its flagship products, including the FlowCath® technology and fuel cell CHP systems, which are designed to meet specific energy needs of commercial clients. These transactions may involve customized agreements that facilitate lower upfront capital costs, ensuring faster payback on investments for clients. For the most recent year reported, the company generated zero revenue with an EBITDA of GBP -3,022,879.1.In July 2012, ACAL Energy Ltd. secured GBP 3.24 million in venture funding from Arete Corporation, I2BF, and CT Investment Partners, which has been instrumental in scaling their operations. The funding round has positioned the company for future growth initiatives, including the development of new products based on their FlowCath® technology and plans to enter additional markets in North America and Asia by 2015. The company aims to leverage this capital to expand its R&D efforts and enhance its market presence.

## Funding rounds

- Series B, Feb 3, 2009, $5.2M — Mercia Asset Management

## Investors

- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Series B