Acceleware
Acceleware's vision is to be the global leader in decarbonizing industrial heating through our Clean Tech Inverter.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | CAD3.0m | Grant | |
| Total Funding | 000k | ||
| CAD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 227 % | (66 %) | (38 %) | (16 %) | (56 %) | (15 %) | 1776 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (86 %) | (219 %) | (531 %) | (1567 %) | (692 %) | 50 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (2 %) | (107 %) | (233 %) | (542 %) | (1566 %) | (733 %) | 38 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 47 % | 47 % | 107 % | 396 % | 1049 % | 91 % | 20 % |
Source: Company filings or news article
Acceleware is a Canadian company specializing in clean technology innovations for the oil industry, particularly in enhanced heavy oil recovery. The company develops advanced software solutions and technologies aimed at making oil extraction more efficient and environmentally friendly. Acceleware's flagship product, RF XL, is designed to reduce the environmental impact and costs associated with traditional oil recovery methods. The company serves clients in the oil and gas sector, focusing on those looking to transition to cleaner energy solutions. Operating primarily in the North American market, Acceleware generates revenue through the sale and licensing of its proprietary technologies and software solutions. The business model is centered on providing scalable and integrative solutions that can be easily adopted by existing oil recovery operations.
Keywords: clean technology, heavy oil recovery, RF XL, oil industry, software solutions, environmental impact, cost reduction, North America, energy transition, proprietary technologies.