FundedIQ
Consumer Electronics

AceOn Group: Funding, Investors & Team (Sep 2026)

AceOn Group, the battery power specialists, based in Shropshire, specialise in the design and assembly of custom built battery packs and the distribution of industrial and consumer batteries to the UK & worldwide market. AceOn also have a battery energy storage division providing a UK based training, service and distribution centre to offer a complete solution for residential and commercial properties for lithium-ion battery energy storage systems including inverters and solar panels. With 25 years’ experience within the battery industry AceOn has developed a deep understanding of battery chemistries such as ; Alkaline, Lithium Ion (Li-Ion), Lithium Phosphate (LiFePO4), Lithium Manganese, Lithium Thionyl Chloride, NiCd, NiMH and Sealed Lead Acid as well as other emerging battery technologies. We have supplied 1000’s of battery packs to industries such as Medical, Electronics, Motor and Oil and Gas, Water, Railway, IoT, Aviation, Oceanographic and Defence industry. AceOn have a UK battery pack manufacturing facility dedicated to produce both low and high volume custom built battery packs. Our technical battery engineers can assist you with your bespoke custom design battery pack requirements to assist you through the whole process. Our highly experienced battery pack production team combined with the latest cutting edge equipment and a streamlined system means we can produce and deliver your battery packs to a high quality standard on short lead-times. AceOn offer a wholesale and battery distribution service as we are stockists of thousands of different batteries from a variety of brands including Duracell, Energizer, Enersys, Panasonic, Saft, Samsung, LG, Tadiran, Ultralife, Varta, Yuasa as well as our own brand Univercell.

www.aceongroup.com LinkedIn Telford, United Kingdom 11-50 employees
Electrical Distribution Electronics
Total raised
$1.4M
Rounds
2
Latest
Undisclosed round
Oct 2024

AceOn Group has raised $1.4M across 2 funding rounds on record, the most recent an undisclosed round of $1.3M announced in Oct 2024.

That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.

AceOn Group Company Profile and Key Stats

Total funding raised
$1.4M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$1.3M in Oct 2024
Employees
11-50
reported band
Headquarters
Telford, United Kingdom

Latest funding round on record: Oct 2024.

AceOn Group Funding Rounds

Date
Round
Amount
Undisclosed round
$1.3M
Undisclosed round
$80k

AceOn Group raised $80k in an undisclosed round announced in Mar 2024.

7 months later, an undisclosed round of $1.3M was announced in Oct 2024.

AceOn Group Founders and Leadership Team

Name
Role
Contact
Mark Thompson
Founder
Locked

Contact details for the AceOn Group team: 1 of 1 has an email address on file.

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AceOn Group Funding Compared to Other Consumer Electronics Startups

Segment
Companies
Median round

AceOn Group's latest round of $1.3M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.

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AceOn Group Funding FAQs

What does AceOn Group do?

AceOn Group, the battery power specialists, based in Shropshire, specialise in the design and assembly of custom built battery packs and the distribution of industrial and consumer batteries to the UK & worldwide market. AceOn also have a battery energy storage division providing a UK based training, service and distribution centre to offer a complete solution for residential and commercial properties for lithium-ion battery energy storage systems including inverters and solar panels. With 25 years’ experience within the battery industry AceOn has developed a deep understanding of battery chemistries such as ; Alkaline, Lithium Ion (Li-Ion), Lithium Phosphate (LiFePO4), Lithium Manganese, Lithium Thionyl Chloride, NiCd, NiMH and Sealed Lead Acid as well as other emerging battery technologies. We have supplied 1000’s of battery packs to industries such as Medical, Electronics, Motor and Oil and Gas, Water, Railway, IoT, Aviation, Oceanographic and Defence industry. AceOn have a UK battery pack manufacturing facility dedicated to produce both low and high volume custom built battery packs. Our technical battery engineers can assist you with your bespoke custom design battery pack requirements to assist you through the whole process. Our highly experienced battery pack production team combined with the latest cutting edge equipment and a streamlined system means we can produce and deliver your battery packs to a high quality standard on short lead-times. AceOn offer a wholesale and battery distribution service as we are stockists of thousands of different batteries from a variety of brands including Duracell, Energizer, Enersys, Panasonic, Saft, Samsung, LG, Tadiran, Ultralife, Varta, Yuasa as well as our own brand Univercell.

How much funding has AceOn Group raised?

AceOn Group has raised $1.4M across 2 rounds on record. The most recent is an undisclosed round of $1.3M announced in Oct 2024.

When did AceOn Group last raise funding?

AceOn Group's most recent funding round on record is an undisclosed round of $1.3M, announced in Oct 2024.

Who founded AceOn Group?

FundedIQ lists Mark Thompson (Founder) at AceOn Group.

Where is AceOn Group headquartered?

AceOn Group is based in Telford, Telford And Wrekin, United Kingdom.

How many employees does AceOn Group have?

AceOn Group is in the 11-50 employee band.

How does AceOn Group's funding compare to other Consumer Electronics startups?

AceOn Group's latest round of $1.3M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.

About FundedIQ's AceOn Group 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 AceOn Group is left off this page rather than filled in.

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