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Company	ACAL Energy
Short Description	Developer of chemicals and systems used to power fuel cells both for automotive power trains and stationary power sources
Status	Private
Year Founded	2004
Industry Group	energy & power
Sector	fuel cells
TRL Range	4-6
Country	United Kingdom
Nbr Employees	11-50
Revenue Range
Total Equity Capital Raised	$29.42M
Last Stage Capital Raised	Growth Equity round of $3.25M 2012
Investors	Solvay Ventures, 350 Investment Partners, I2BF Global Ventures, Parkwalk Advisors, Porton Capital, Sumitomo Corporation, Atrium Capital, Enterprise Ventures, Honda Motor Co, NorthStar Ventures, RisingStars Growth Fund, One North East, Synergics Telemetry, Carbon Trust, SC Green Tech Ventures

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ACAL Energy

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Short description

Developer of chemicals and systems used to power fuel cells both for automotive power trains and stationary power sources

Founded in 2004

Founded in

Company type Private Public ()

Company type

Industry Group energy & power

Sector fuel cells

TRL Range 4-6

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters United Kingdom Runcorn, Cheshire, United Kingdom

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Updated by Brendan Bilton at ACAL Energy Ltd on 11/16/2015

Edited by Cleantech Group on 11/26/2020

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Brendan Bilton

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3 partnerships
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9 financing events

31 investors

1 products

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Date		Company
		Can't find a company? Add a company Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
01/27/2011		Solvay Solvay ACAL Energy agreed with Solvay Interox to install its FlowCath® fuel cell technology system in field trial. Confirmed by Solvay	Learn more	Delete

Date		Partner	Type
		Can't find a partner? Add one Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
07/06/2011		Gordon Murray Design Gordon Murray Design Acal Energy has partnered with automotive designers Gordon Murray Design for a year-long fuel cell research and development project. View source Confirmed by Gordon Murray Design	Development Partner	Delete

IPO INFORMATION

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Date	Investors	Type	Amount
	Can't find an investor? Add an investor Valuation Description 400/400 characters left Related press release or article about this deal Cancel Save
09/04/2012	350 Investment Partners 350 Investment Partners , I2BF Global Ventures I2BF Global Ventures , SC Green Tech Ventures SC Green Tech Ventures (3) Post-money valuation of Acal has raised a further £3.25million from existing investors: SC Green Tech Ventures, I2BF and CT Investment Partners. This funding will enable the FlowCath technology to be delivered earlier for commercialization. (source)	Growth Equity	$3,250,000	Delete

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Product image	Name	Product status	Revenue model	Cost metrics
Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	FlowCath A liquid regenerating catalyst system in proton exchange membrane (PEM) fuel cells to aid durability and reduce costs of conventional fuel cells	Product Development	License of Usage	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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FlowCath

A liquid regenerating catalyst system in proton exchange membrane (PEM) fuel cells to aid durability and reduce costs of conventional fuel cells

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Developer of chemicals and systems used to power fuel cells both for automotive power trains and stationary power sources

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