# ACEL Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acel-power

- Industry: Power & Utilities
- Headquarters: Vancouver, Canada
- Website: www.acelpower.com/
- Total disclosed funding: $10M
- Latest round: Series A (Jul 17, 2024)
- Investors on record: 1

## About

Based in Vancouver, Canada, and founded in 2021 by co-founders and co-CEOs Anthony Liu and John Liu, ACEL Power Inc. operates as a provider of electric propulsion solutions, such as electric outboard motors, to marine industry professionals, maritime distributors, and eco-conscious boat dealers. In July 2024, Tau Capital led a USD 10 million series A funding for ACEL Power Inc.

The company provides a wide range of electric marine propulsion products, such as outboard motors in different horsepower models (50 HP and 75 HP). Moreover, the firm offers robust electrical systems, thermal management solutions, battery safety technologies, and integration with 12V power supplies. Additionally, the company also provides safety certifications, smart dashboards, fast charging solutions, and sustainable energy options like solar and hydrogen fuel cells.

## Funding rounds

- Series A, Jul 17, 2024, $10M — Tau Capital

## Investors

- Tau Capital (https://capitalatlas.ai/funds/tau-capital) — Series A