ACAL Energy Ltd is a developer of Fuel Cell systems, modules and consumable chemicals for a range of uses including stationary, residential and automotive applications requiring larger than 1 kW of power. Its innovative designs will deliver substantial cost savings in Fuel Cell systems and performance improvements in PEM (‘Proton Exchange Membrane’) that will accelerate the adoption of PEM Fuel Cell technologies in key markets.
ACAL Energy was founded in August 2004 to research and optimise Dr Andrew Creeth’s invention for addressing the inherent technical limitations of the cathode side of membrane based Fuel Cells. Dr Creeth has been working in the field for more than 20 years and has synergized recent advances in chemistry with a process developed in the 1950′s.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 04/05/07 | Series A | 3.1M | Unknown |