Acceleware: Funding, Investors & Team (Sep 2026)
Acceleware (www.acceleware.com) is an innovator of clean-tech decarbonization technologies comprised of two business units: Radio Frequency (RF) Heating Technology and Seismic Imaging Software. Acceleware is piloting RF XL, its patented low-cost, low-carbon production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today. Acceleware's vision is that electrification of heavy oil and oil sands production can be made possible through RF XL, supporting a transition to much cleaner energy production that can quickly bend the emissions curve downward. Further, Acceleware’s RF XL technology could eliminate greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. RF XL uses no water, requires no solvent, has a small physical footprint, can be redeployed from site to site, and can be applied to a multitude of reservoir types. Acceleware has partnered with Saa Dene Group (co-founded by Jim Boucher) to create Acceleware | Kisâstwêw to raise the profile, adoption, and value of Acceleware technologies. The shared vision of the partnership is to improve the environmental and economic performance of the energy sector by supporting ideals that are important to Indigenous peoples, including respect for land, water, and clean air. The Company’s seismic imaging software solutions are state-of-the-art for high fidelity imaging, providing the most accurate and advanced imaging available for oil exploration in complex geologies. Acceleware is a public company listed on Canada’s TSX Venture Exchange under the trading symbol “AXE”.
Acceleware has raised $3.9M across 4 funding rounds on record, the most recent an undisclosed round of $1.4M announced in Jun 2026.
That round is below the $3.3M median round size for Agriculture and Farming companies tracked on FundedIQ over the last two years.
Acceleware Company Profile and Key Stats
Latest funding round on record: Jun 2026.
Acceleware Funding Rounds
Acceleware raised $700k in a Post-IPO Debt announced in Apr 2022.
2.7 years later, an undisclosed round of $930k was announced in Dec 2024.
1.3 years later, an undisclosed round of $860k was announced in Apr 2026.
2 months later, an undisclosed round of $1.4M was announced in Jun 2026.
Acceleware Founders and Leadership Team
Contact details for the Acceleware team: 2 of 2 have an email address on file.
Start 14-day free trial →Acceleware Funding Compared to Other Agriculture and Farming Startups
Acceleware's latest round of $1.4M is below the median round in Agriculture and Farming. Medians cover the last 24 months of disclosed rounds.
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Acceleware Funding FAQs
What does Acceleware do?
Acceleware (www.acceleware.com) is an innovator of clean-tech decarbonization technologies comprised of two business units: Radio Frequency (RF) Heating Technology and Seismic Imaging Software. Acceleware is piloting RF XL, its patented low-cost, low-carbon production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today. Acceleware's vision is that electrification of heavy oil and oil sands production can be made possible through RF XL, supporting a transition to much cleaner energy production that can quickly bend the emissions curve downward. Further, Acceleware’s RF XL technology could eliminate greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. RF XL uses no water, requires no solvent, has a small physical footprint, can be redeployed from site to site, and can be applied to a multitude of reservoir types. Acceleware has partnered with Saa Dene Group (co-founded by Jim Boucher) to create Acceleware | Kisâstwêw to raise the profile, adoption, and value of Acceleware technologies. The shared vision of the partnership is to improve the environmental and economic performance of the energy sector by supporting ideals that are important to Indigenous peoples, including respect for land, water, and clean air. The Company’s seismic imaging software solutions are state-of-the-art for high fidelity imaging, providing the most accurate and advanced imaging available for oil exploration in complex geologies. Acceleware is a public company listed on Canada’s TSX Venture Exchange under the trading symbol “AXE”.
How much funding has Acceleware raised?
Acceleware has raised $3.9M across 4 rounds on record. The most recent is an undisclosed round of $1.4M announced in Jun 2026.
When did Acceleware last raise funding?
Acceleware's most recent funding round on record is an undisclosed round of $1.4M, announced in Jun 2026.
Who founded Acceleware?
FundedIQ lists Michal Okoniewski (Founder) at Acceleware.
Who is the CEO of Acceleware?
Geoff Clark is listed as CEO at Acceleware.
Where is Acceleware headquartered?
Acceleware is based in Calgary, Alberta, Canada.
How many employees does Acceleware have?
Acceleware is in the 11-50 employee band.
How does Acceleware's funding compare to other Agriculture and Farming startups?
Acceleware's latest round of $1.4M is below the $3.3M median round size for Agriculture and Farming companies on FundedIQ across 1,320 tracked companies over the last two years.
About FundedIQ's Acceleware Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Acceleware is left off this page rather than filled in.
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