COMPANY PROFILE

ACEL Power

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Pioneering electric drive systems in boats – we are first in the game!

Vancouver, CanadaFounded 2021Energy

Valuation $50–100M Last recorded · 2024

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About ACEL Power

ACEL Power specializes in the development and manufacturing of electric outboard motors for boats. The company operates in the marine industry, focusing on providing sustainable and high-performance alternatives to traditional internal combustion engines. ACEL Power's electric motors are designed to offer superior torque, rapid acceleration, and zero emissions, making them quieter, more sustainable, and safer for the environment. The company serves a diverse range of clients, including recreational boaters, commercial operators, and marine enthusiasts who prioritize eco-friendly solutions. ACEL Power's business model revolves around direct sales through their website and authorized dealers, generating revenue from the sale of electric motors and associated battery systems. The company also offers a seven-year warranty on their motors, emphasizing their commitment to quality and customer satisfaction. Key features include 25% better performance, 30% lower lifecycle costs, and customizable battery options.

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At a glance

Status: Operational
Founded: 2021
Headquarters: Vancouver, Canada
Employees: 17
Open positions: None listed
Dealroom signal: 58.4/100
Industry: Energy
Sector: Energy, Hard Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn X

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES AOther financing	Jul 2024	$10M	$40M	Tau Capital	↗

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Growth signals

ACEL Power website traffic

Latest recorded traffic for ACEL Power is 1.6K monthly website visits, down 42.9% over the last three months. ACEL Power's team declined 19% over the past year.

Latest monthly visits1.6K 3-month web change-42.9% 1-year team growth-19%

Monthly website visitsDec 2022–Jul 2026

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